The FAO Vegetable Oil Price Index increased 2% to 195.7 points in July 2026, reaching the highest level since June 2022, reflecting higher palm and soy oil prices, which more than offset lower sunflower and rapeseed oil quotations. International palm oil prices rose for the second consecutive month, following a brief decline in May, largely underpinned by firm demand from Indonesia’s biodiesel sector and higher crude oil prices, which outweighed downward pressure from seasonally higher production in Southeast Asia. source: Food and Agriculture Organization of the United Nations

Oils Price Index in World averaged 95.17 Index Points from 1990 until 2026, reaching an all time high of 251.80 Index Points in March of 2022 and a record low of 35.80 Index Points in February of 2001. This page includes a chart with historical data for World Oils Price Index. World Vegetable Oil Price Index - values, historical data and charts - was last updated on August of 2026.

Related	Last	Previous	Unit	Reference
Cereals Price Index	113.80	110.00	Index Points	Jul 2026
Dairy Price Index	116.20	117.00	Index Points	Jul 2026
FAO Food Price Index	131.10	130.30	Index Points	Jul 2026
Meat Price Index	127.70	131.30	Index Points	Jul 2026
Oils Price Index	195.70	192.00	Index Points	Jul 2026
Sugar Price Index	95.00	90.00	Index Points	Jul 2026

World Vegetable Oil Price Index

The vegetable oil price index is based on 10 quotations for soybean, sunflower, rapeseed, groundnut, cottonseed, copra, palm kernel, palm, linseed and castor oil. Prices are weighted by trade shares of the base period 2002–04.