Palm Oil increased to 2191 MYR/MT on Wednesday January 23 from 2163 MYR/MT in the previous trading day. Historically, Palm Oil reached an all time high of 4298 in March of 2008 and a record low of 433 in March of 1986.

Palm Oil is expected to trade at 1800.00 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 1900.00 in 12 months time.


Palm Oil
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 52.4840 0.23 -0.44% 0.80% 13.55% -19.88% Jan/24
Brent 60.9049 0.25 -0.41% -0.45% 11.81% -13.51% Jan/24
Natural gas 3.0396 0.00 -0.03% -10.94% -14.21% -11.82% Jan/24
Gasoline 1.3838 0.00 -0.12% -3.23% 4.01% -27.76% Jan/24
Heating oil 1.8847 0.02 -0.88% -0.52% 13.38% -10.51% Jan/24
Ethanol 1.2700 0.00 -0.08% 0.63% 2.42% -6.48% Jan/23
Naphtha 455.58 2.61 -0.57% -1.58% -1.07% -23.36% Jan/23
Propane 0.67 0.00 -0.33% -0.42% -2.10% -25.79% Jan/23
Uranium 28.9000 0.00 0.00% 0.00% 1.05% 25.65% Jan/23

Metals Price Day Weekly Monthly Yearly Date
Gold 1,284.61 0.14 0.01% -0.53% 1.40% -4.68% Jan/24
Silver 15.3982 0.04 0.25% -1.22% 4.54% -12.34% Jan/24
Platinum 795.00 1.00 0.13% -1.24% 0.05% -21.33% Jan/24
Palladium 1,349.00 2.00 0.15% -3.37% 8.44% 23.11% Jan/24
Manganese 39.50 0.00 0.00% 0.00% -5.95% 11.27% Jan/22
Neodymium 398,000.00 0.00 0.00% -0.38% -1.12% -10.56% Jan/22
Rhodium 2,480.00 10.00 0.40% 0.81% 0.00% 46.75% Jan/22

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 915.0000 5.75 0.63% 2.29% 3.51% -7.79% Jan/23
Wheat 524.2500 3.00 0.58% 2.29% 1.50% 20.66% Jan/23
Cotton 73.52 0.39 0.53% 0.34% 1.34% -10.21% Jan/23
Rice 10.7146 0.06 0.56% 2.39% 2.83% -11.79% Jan/23
Palm Oil 2,191.00 28.00 1.29% 4.83% 6.62% -12.78% Jan/23
Cheese 1.3870 0.00 0.00% -0.07% 0.58% -7.96% Jan/23
Milk 13.98 0.01 -0.07% -0.57% 1.08% 0.43% Jan/23
Orange Juice 117.90 1.30 -1.09% -2.48% -8.36% -21.22% Jan/23
Coffee 103.40 0.05 0.05% 0.98% 1.17% -15.59% Jan/23
Lumber 366.10 2.70 0.74% 1.27% 9.19% -23.41% Jan/23
Cocoa 2,245.00 1.00 -0.04% -3.32% -3.02% 14.83% Jan/23
Wool 1,923.00 0.00 0.00% 0.68% 3.28% 10.26% Jan/22
Tea 3.11 0.00 0.00% 5.07% 0.32% -4.60% Jan/22
Canola 485.90 0.40 0.08% 1.36% 2.55% -2.04% Jan/23
Sugar 12.97 0.04 0.31% -1.52% 4.60% -2.04% Jan/23
Oat 294.3714 3.00 -1.01% -0.38% 6.75% 6.85% Jan/23
Rubber 191.00 11.00 -5.45% 0.53% 11.70% -2.10% Jan/24
Corn 378.7500 0.25 -0.07% 1.27% 0.26% 6.62% Jan/23

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 125.3250 0.20 0.16% -1.96% 3.68% 2.33% Jan/23
Feeder Cattle 143.0128 1.93 1.36% -0.53% -2.96% -3.47% Jan/23
Lean Hogs 60.7126 0.70 -1.14% 1.10% 0.68% -16.75% Jan/23
Beef 10.37 0.03 0.29% -2.26% -3.71% 4.22% Jan/22
Poultry 4.24 0.06 -1.40% -6.61% -6.61% 21.84% Jan/22

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.6926 0.00 0.13% -0.03% 0.90% -16.08% Jan/23
Steel 3,693.00 10.00 0.27% 2.50% -3.05% -5.98% Jan/23
Bitumen 3,010.00 2.00 -0.07% 4.01% 12.82% 11.40% Jan/23
Coal 100.02 0.57 0.57% -1.21% -2.09% -6.35% Jan/23
Cobalt 38,000 0.00 0.00% -5.00% -30.91% -52.35% Jan/22
Lead 2,007.00 0.00 0.00% 2.83% 1.21% -23.93% Jan/22
Aluminum 1,883.00 31.00 1.67% 2.06% -0.53% -16.31% Jan/22
Tin 20,425.00 225.00 -1.09% -1.19% 5.42% -3.15% Jan/22
Zinc 2,576.00 12.00 -0.46% 4.89% 4.12% -25.12% Jan/22
Nickel 11,736.00 0.00 0.00% 3.36% 8.66% -13.32% Jan/22
Molybdenum 25,000.00 0.00 0.00% 0.00% 0.00% 58.73% Jan/22
Iron Ore 74.80 0.00 0.00% 1.08% 5.35% 1.08% Jan/22
Soda Ash 2,080.00 0.00 0.00% -0.80% -2.04% 14.65% Jan/22
Lithium 110.22 1.29 -1.16% -0.89% 7.30% -24.83% Jan/22
Iron Ore 62% fe 74.5800 0.03 0.04% 0.20% 8.42% -2.14% Jan/23

Index Price Day Weekly Monthly Yearly Date
LME Index 2,850.00 0.00 0.00% 1.89% 1.23% -17.06% Jan/22
S&P GSCI 2,430.69 0.00 0.00% 2.20% 12.48% -9.01% Jan/22
Baltic Dry 982.00 54.00 -5.21% -10.40% -22.74% -19.31% Jan/23
CRB Index 186.61 0.85 0.46% 0.13% 7.01% -8.03% Jan/23


Palm Oil

Crude Palm oil is a vegetable oil and it's used primarily in processed food. The biggest producers of palm oil are: Indonesia, Malaysia, 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. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides - Palm Oil- actual values, historical data, forecast, chart, statistics, economic calendar and news. Palm Oil - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2191.00 2163.00 4298.00 433.00 1980 - 2019 MYR/MT Daily