Malaysian palm oil futures fell below MYR 4,500 per tonne, reversing the previous strong rally, as trading resumed after a holiday. Sentiment was pressured by weaker edible oil prices on the Dalian and Chicago markets. A sharp decline in crude oil prices added to the downside after the U.S. and Iran signed an interim agreement aimed at ending hostilities and reopening the Strait of Hormuz, reducing support from the biofuel sector. Meanwhile, Malaysia lowered its July crude palm oil reference price, keeping the export duty unchanged at 10%. Still, losses were limited by a weaker ringgit and expectations of lower production due to the lingering effects of El Niño. Demand prospects also remained supportive after cargo surveyors reported that palm oil exports during June 1–15 rose between 9.6% and 23.8% from the same period in May. In top buyer India, imports are expected to exceed 600,000 tonnes in June after edging up to 549,356 tonnes in May, according to local traders.

Palm Oil fell to 4,573 MYR/T on June 18, 2026, down 0.02% from the previous day. Over the past month, Palm Oil's price has fallen 0.26%, but it is still 11.48% 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 June 18 of 2026.

Palm Oil fell to 4,573 MYR/T on June 18, 2026, down 0.02% from the previous day. Over the past month, Palm Oil's price has fallen 0.26%, but it is still 11.48% 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 4489.12 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 4781.54 in 12 months time.



Price Day Month Year Date
Soybeans 1,121.50 -10.50 -0.93% -7.28% 4.54% Jun/18
Wheat 603.27 -9.48 -1.55% -9.59% 5.28% Jun/18
Palm Oil 4,573.00 -1.00 -0.02% -0.26% 11.48% Jun/18
Cocoa 4,239.88 2.88 0.07% 8.52% -55.91% Jun/18
Cotton 79.74 -0.051 -0.06% -3.15% 23.38% Jun/18
Rubber 228.20 -3.40 -1.47% 2.47% 39.32% Jun/18
Orange Juice 158.49 9.64 6.48% 2.82% -32.04% Jun/18
Coffee 265.83 -6.07 -2.23% -1.60% -16.25% Jun/18
Oat 312.74 6.2366 2.03% -17.81% -13.66% Jun/18
Rice 12.22 0.2884 2.42% -5.79% -9.69% Jun/18
Canola 733.24 -12.86 -1.72% -3.23% -1.74% Jun/18
Sugar 14.14 -0.23 -1.62% -5.82% -11.16% Jun/18
Corn 415.31 -5.6900 -1.35% -12.61% -4.14% Jun/18


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
4573.00 4574.00 7268.00 429.00 1980 - 2026 MYR/MT Daily

News Stream
Palm Oil Slips After Holiday Break
Malaysian palm oil futures fell below MYR 4,500 per tonne, reversing the previous strong rally, as trading resumed after a holiday. Sentiment was pressured by weaker edible oil prices on the Dalian and Chicago markets. A sharp decline in crude oil prices added to the downside after the U.S. and Iran signed an interim agreement aimed at ending hostilities and reopening the Strait of Hormuz, reducing support from the biofuel sector. Meanwhile, Malaysia lowered its July crude palm oil reference price, keeping the export duty unchanged at 10%. Still, losses were limited by a weaker ringgit and expectations of lower production due to the lingering effects of El Niño. Demand prospects also remained supportive after cargo surveyors reported that palm oil exports during June 1–15 rose between 9.6% and 23.8% from the same period in May. In top buyer India, imports are expected to exceed 600,000 tonnes in June after edging up to 549,356 tonnes in May, according to local traders.
2026-06-18
Palm Oil Rebounds Before Midweek Break
Malaysian palm oil futures climbed about 1.7% to above MYR 4,500 per tonne, reversing losses in the previous two sessions as a weaker ringgit and firmer palm oil prices on the Dalian exchange boosted sentiment. Support also came from stronger exports, with cargo surveyors noting that palm oil shipments during June 1–15 rose between 9.6% and 23.8% from May. Simultaneously, El Niño is expected to reduce Malaysian palm oil yields by 8%–10% this year. However, gains were capped by weaker rival edible oils on Chicago markets. Meanwhile, Malaysia has cut its July crude palm oil reference price to a level that keeps the export duty unchanged at 10%. In top buyer India, palm oil imports edged higher in May from April's four-month low but remained below normal levels. Analysts view the rally to lose momentum, citing the prospect of lower crude oil prices following the U.S.-Iran peace deal and weaker consumer spending in China, a key consumer. Markets will be closed Wednesday for a holiday.
2026-06-16
Palm Oil Futures Extend Slide to Three-Week Low
Malaysian palm oil futures fell further, hovering below MYR 4,500 per tonne and hitting their lowest level in three weeks, pressured by a stronger ringgit and weakness in rival edible oils on the Dalian and Chicago exchanges. Sentiment was further dampened by a sharp drop in crude oil prices, which retreated to their lowest since March, after the U.S. and Iran reached an initial deal to end hostilities and reopen shipping through the Strait of Hormuz. Meanwhile, Malaysia's lower July crude palm oil reference price kept export duty at 10%, offering little support to exports. Still, losses were capped by firmer demand, with cargo surveyors noting shipments during June 1–10 rose between 3.5% and 4.9% from May. Weather risks also lent support after Kuala Lumpur warned El Niño could cut yields by 8%–10% this year. In top buyer India, palm oil imports edged higher in May from April's four-month low but stayed below normal as refiners favored cheaper soyoil amid palm oil’s narrowing premium.
2026-06-15