The FAO Vegetable Oil Price Index decreased 4.6% to 185 points in May 2026, retreating from mid-2022 highs touched in April, mainly driven by lower prices of palm and soy oils, which more than offset increases in rapeseed oil and sunflower oil prices. After rising for five consecutive months, international palm oil prices declined, reflecting expectations of weaker global import demand and uncertainty in crude oil markets. World soyoil prices showed mixed trends. source: Food and Agriculture Organization of the United Nations

Oils Price Index in World averaged 94.72 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 June of 2026.

Related	Last	Previous	Unit	Reference
Cereals Price Index	114.30	111.30	Index Points	May 2026
Dairy Price Index	119.20	119.70	Index Points	May 2026
FAO Food Price Index	130.80	131.00	Index Points	May 2026
Meat Price Index	130.50	130.40	Index Points	May 2026
Oils Price Index	185.00	193.90	Index Points	May 2026
Sugar Price Index	95.10	88.50	Index Points	May 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.