The FAO Vegetable Oil Price Index edged up 0.6% month-over-month to 196.9 points, its highest level since June 2022, amid higher world palm and soy oil prices, which more than offset lower quotations for sunflower and rapeseed oils. International palm oil prices continued to increase, driven by robust global import demand and concerns over the potential impact of El Niño-related weather conditions on production prospects in Southeast Asia. Soyoil prices of South American origin remained firm, supported by strong export demand, while quotations in the United States of America declined moderately amid uncertainty surrounding biofuel policies and their implications for domestic feedstock demand. Meanwhile, international sunflower and rapeseed oil prices dropped slightly, reflecting subdued import demand and expectations of ample supplies of both oils in the 2026/27 season. source: Food and Agriculture Organization of the United Nations
Oils Price Index in World averaged 95.40 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 September of 2026.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
196.90 |
195.70 |
251.80 |
35.80 |
1990 - 2026 |
Index Points |
Monthly |
2014-2016=100
|