Malaysian palm oil futures traded above MYR 4,550 per tonne, rebounding from the prior session’s lull as a weaker ringgit and strength in Dalian and Chicago edible oil markets lent support. Exports also lifted sentiment, with cargo surveyors estimating July 1–5 palm oil shipments rose between 10.6% and 11.1% from the same period in June. A rally in crude oil prices added to the upside after U.S. airstrikes on Iran and renewed sanctions on its oil exports boosted palm’s appeal as a biodiesel feedstock. However, gains were capped by palm oil imports by top consumer India declining to a 14-month low in June amid sluggish demand and narrower discounts versus rival oils. Meanwhile, Reuters projected Malaysian inventories likely hit a record June high as output outpaced demand. At the same time, traders remained cautious ahead of the Malaysian Palm Oil Board’s monthly report later this week. In China, another key buyer, June CPI and PPI data will be closely watched for fresh cues on demand.

Palm Oil rose to 4,609 MYR/T on July 8, 2026, up 1.36% from the previous day. Over the past month, Palm Oil's price has risen 1.79%, and is up 10.82% compared to the same time last year, 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 July 8 of 2026.

Palm Oil rose to 4,609 MYR/T on July 8, 2026, up 1.36% from the previous day. Over the past month, Palm Oil's price has risen 1.79%, and is up 10.82% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil is expected to trade at 4615.33 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 4847.10 in 12 months time.



Price Day Month Year Date
Soybeans 1,196.25 -0.50 -0.04% 7.41% 18.56% Jul/08
Wheat 602.00 -7.25 -1.19% 2.86% 10.05% Jul/08
Palm Oil 4,609.00 62.00 1.36% 1.79% 10.82% Jul/08
Cocoa 6,039.00 280.00 4.86% 54.45% -27.90% Jul/08
Cotton 80.58 -0.710 -0.87% 7.01% 21.62% Jul/08
Rubber 216.80 2.90 1.36% -3.69% 33.33% Jul/08
Orange Juice 153.15 -3.60 -2.30% -10.10% -38.46% Jul/08
Coffee 313.60 -4.00 -1.26% 30.18% 9.71% Jul/08
Oat 294.95 0.9519 0.32% -5.99% -21.03% Jul/08
Rice 13.18 -0.0350 -0.26% 6.38% 0.27% Jul/08
Canola 782.30 21.70 2.85% 1.89% 16.67% Jul/08
Sugar 15.12 -0.02 -0.13% 7.39% -8.70% Jul/08
Corn 435.00 -7.5000 -1.69% 3.69% 8.95% Jul/08


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
4609.00 4547.00 7268.00 429.00 1980 - 2026 MYR/MT Daily

News Stream
Palm Oil Strengthens on Rising Exports, Crude Upswing
Malaysian palm oil futures traded above MYR 4,550 per tonne, rebounding from the prior session’s lull as a weaker ringgit and strength in Dalian and Chicago edible oil markets lent support. Exports also lifted sentiment, with cargo surveyors estimating July 1–5 palm oil shipments rose between 10.6% and 11.1% from the same period in June. A rally in crude oil prices added to the upside after U.S. airstrikes on Iran and renewed sanctions on its oil exports boosted palm’s appeal as a biodiesel feedstock. However, gains were capped by palm oil imports by top consumer India declining to a 14-month low in June amid sluggish demand and narrower discounts versus rival oils. Meanwhile, Reuters projected Malaysian inventories likely hit a record June high as output outpaced demand. At the same time, traders remained cautious ahead of the Malaysian Palm Oil Board’s monthly report later this week. In China, another key buyer, June CPI and PPI data will be closely watched for fresh cues on demand.
2026-07-08
Palm Oil Rises Further Ahead of MPOB Monthly Report
Malaysian palm oil futures extended gains, hovering above MYR 4,500 per tonne as firmer edible oil markets in China's Dalian and Chicago exchanges provided support. Stronger export demand also lifted prices, with cargo surveyors estimating July 1–5 palm oil shipments rose between 10.6% and 11.1% from the same period in June. However, further gains were capped by a stronger ringgit, alongside reports that imports by top buyer India fell to a 14-month low in June amid sluggish demand and narrowing price discounts compared with competing vegetable oils. Meanwhile, Reuters forecast that Malaysian palm oil inventories likely rose in June to their highest level on record for the month, as stronger production outpaced demand. Investors also remained cautious ahead of the Malaysian Palm Oil Board's monthly report due later this week. Meanwhile, upcoming June CPI and PPI data from China, another key buyer, will be closely watched for clues on demand.
2026-07-07
Palm Oil Rebounds, Snaps Two-Week Slide
Malaysian palm oil futures jumped over 1% to above MYR 4,500 per tonne, halting a recent losing streak as a weaker ringgit and firmer edible oils in China’s Dalian and Chicago markets boosted sentiment. Bargain buying also emerged after prices hit a two-week low last week. Stronger export demand provided further support, with cargo surveyors estimating July 1–5 shipments rose between 10.6% and 11.1% from the same period in June. However, some traders adopted a cautious approach ahead of the Malaysian Palm Oil Board’s monthly report later this week. Attention also turns to June CPI and PPI in China, another major buyer, for demand cues. Separately, a Reuters poll suggested inventories likely hit a June record as output outpaced consumption. In top buyer India, imports fell to a 14-month low amid sluggish demand and narrowing discounts versus rival oils. On the broader commodities front, crude eased as exports through the Strait of Hormuz recovered.
2026-07-06