Actual
4,535.00
Daily Change
-19.00 -0.42%
Monthly
-7.52%
Yearly
2.09%
Q4 Forecast
4,675.30
Palm Oil - Summary

Malaysian palm oil futures extended their decline, lingering below MYR 4,550 per tonne at their lowest level since mid-July. For the week, futures are heading for a second straight weekly loss, down around 3.1% so far. Sentiment was pressured by rising inventories, with August stocks reaching an eight-month high and expected to surpass 3 million tonnes in September. Weak demand further weighed on sentiment, with cargo surveyors estimating a 17.1%-28.8% mom drop in palm oil exports for September. Meanwhile, China’s Dalian markets were closed for a Golden Week holiday, limiting trading cues. Still, losses were tempered by forecasts that palm oil imports by top buyer India will remain steady in the 2026/27 marketing year following an import-duty cut. Lower edible-oil duties ahead of the festive season could also support near-term demand. Elevated crude oil prices offered additional support amid persistent Middle East uncertainty, improving the appeal of palm oil as a biodiesel feedstock.

Palm Oil - Stats

Palm Oil fell to 4,535 MYR/T on October 2, 2026, down 0.42% from the previous day. Over the past month, Palm Oil's price has fallen 7.52%, but it is still 2.09% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Palm Oil reached an all time high of 7268 in March of 2022. Palm Oil - data, forecasts, historical chart - was last updated on October 2 of 2026.

Palm Oil - Forecast

Palm Oil fell to 4,535 MYR/T on October 2, 2026, down 0.42% from the previous day. Over the past month, Palm Oil's price has fallen 7.52%, but it is still 2.09% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil is expected to trade at 4821.97 MYR/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4976.15 in 12 months time.



Price Day Month Year Date
Soybeans 1,277.25 -6.75 -0.53% -2.22% 25.47% Oct/02
Wheat 683.00 0.25 0.04% -7.20% 32.56% Oct/02
Palm Oil 4,535.00 -19.00 -0.42% -7.52% 2.09% Oct/02
Cocoa 5,609.00 228.00 4.24% -9.15% -9.39% Oct/02
Cotton 78.76 1.000 1.29% -8.90% 20.61% Oct/02
Rubber 255.40 -3.30 -1.28% 9.71% 49.44% Oct/02
Orange Juice 137.25 -4.45 -3.14% -11.88% -41.12% Oct/02
Coffee 290.75 2.50 0.87% -1.56% -25.59% Oct/02
Oat 408.75 -2.0000 -0.49% 19.34% 36.59% Oct/02
Rice 16.40 -0.1150 -0.70% 7.65% 47.61% Oct/02
Canola 813.80 2.10 0.26% -1.80% 34.51% Oct/02
Sugar 19.91 0.97 5.12% 10.18% 20.89% Oct/02
Corn 497.25 -5.0000 -1.00% -3.49% 18.68% Oct/02


Palm Oil
Crude Palm oil is vegetable oil and it's used primarily in processed food. Indonesia and Malaysia constitute 85% of the world's palm oil supply followed by Nigeria, Thailand and Colombia. The contract size is 25 metric tons and it's traded at Bursa Malaysia. The Palm oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
4535.00 4554.00 7268.00 429.00 1980 - 2026 MYR/MT Daily

News Stream
Palm Oil Set for Second Weekly Drop as Supply, Weak Exports Weigh
Malaysian palm oil futures extended their decline, lingering below MYR 4,550 per tonne at their lowest level since mid-July. For the week, futures are heading for a second straight weekly loss, down around 3.1% so far. Sentiment was pressured by rising inventories, with August stocks reaching an eight-month high and expected to surpass 3 million tonnes in September. Weak demand further weighed on sentiment, with cargo surveyors estimating a 17.1%-28.8% mom drop in palm oil exports for September. Meanwhile, China’s Dalian markets were closed for a Golden Week holiday, limiting trading cues. Still, losses were tempered by forecasts that palm oil imports by top buyer India will remain steady in the 2026/27 marketing year following an import-duty cut. Lower edible-oil duties ahead of the festive season could also support near-term demand. Elevated crude oil prices offered additional support amid persistent Middle East uncertainty, improving the appeal of palm oil as a biodiesel feedstock.
2026-10-02
Palm Oil Hits Mid-July Low on Weak Exports, Supply Pressure
Malaysian palm oil futures extended recent declines, hovering near MYR 4,600 per tonne to notch their lowest level since mid-July, pressured by weaker soyoil prices and sluggish exports. Cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia reported that Malaysian palm oil product exports fell 17.1%-28.8% month-on-month in September, while inventories reached an eight-month high in August and were expected to exceed 3 million tonnes in September. Simultaneously, palm oil production in Malaysia surged 20.84% in the first 25 days of September, adding to supply pressure. Crude oil prices also eased amid signs of recovering Middle East flows, while China’s markets were closed for the Golden Week holiday. Still, a weaker ringgit limited losses. Meanwhile, palm oil imports by top buyer India are expected to hold steady in the 2026/27 marketing year after an import-duty cut, while lower vegetable-oil duties ahead of the festive season could support near-term demand.
2026-10-01
Palm Oil Recovers But Faces Monthly Loss on Supply Pressure
Malaysian palm oil futures strengthened, hovering near MYR4,650 per tonne after a recent decline that took prices to an eight-week low. Bargain hunting and firmer Dalian edible oils provided support, while improved September economic activity in China, a major palm oil buyer, also lifted sentiment amid easing weather disruptions and stimulus hopes. Higher global oil prices, which are on track for a third straight monthly gain, further lent support by improving the relative appeal of palm oil as a biodiesel feedstock. In India, import duty cuts on vegetable oils ahead of the festive season improved demand prospects. However, futures are set for their first monthly decline in three months, down about 5% on weak exports. Cargo surveyors reported Sept. 1–25 shipments fell 15.1%–24.3% from August, while inventories climbed to an eight-month high in August and may exceed 3 million tonnes in September. Production surged 20.84% in the first 25 days of September, underscoring supply pressure.
2026-09-30