The FAO Vegetable Oil Price Index jumped 5.1% to 183.1 points in March 2026, a fresh high since June 2022, driven by rising quotations across palm, soy, sunflower and rapeseed oils. International palm oil prices reached their highest level since mid-2022 and moved to a premium over soyoil, largely reflecting spillover effects from the sharp increases in crude oil prices, while lower-than-expected production estimates in Malaysia provided additional support. source: Food and Agriculture Organization of the United Nations

Oils Price Index in World averaged 94.28 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 April of 2026.

Related	Last	Previous	Unit	Reference
Cereals Price Index	110.40	108.70	Index Points	Mar 2026
Dairy Price Index	120.90	119.40	Index Points	Mar 2026
FAO Food Price Index	128.50	125.50	Index Points	Mar 2026
Meat Price Index	127.70	126.50	Index Points	Mar 2026
Oils Price Index	183.10	174.20	Index Points	Mar 2026
Sugar Price Index	92.40	86.20	Index Points	Mar 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.