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Palm Oil Price - Chart - Historical Data - News

Summary Stats Forecast Alerts  Export

Malaysian palm oil futures climbed almost 1% to near MYR 3,970 per
tonne, gaining for the second straight session amid strength in soyoil
prices on the Dalian exchange and the CBoT. Meanwhile, the Malaysian
Palm Oil Board (MPOB) reported that shipments in May jumped to a six-
month peak of 1.38 million tons, a surge of 11.66% from the prior month.
At the same time, crude oil prices rose for the third day, on upbeat global
demand views from OPEC+ and the US EIA. In top importer India, palm
oil purchases surged 12.4% during May to a four-month high of 769,000
metric tons. Meanwhile, the country's buying for June is expected to stay
robust, likely at around 750,000 tons. Limiting the bullish momentum was
caution that production growth may exceed industry expectations in the
coming months. In May, output surged 13.8% from April to 1.7 million
tons, the biggest in six months. Simultaneously, palm oil stocks last
month stood at 1.75 million metric tons, the highest since February.

Search... 1D 

Palm Oil (MYR/T) 3961.0 +28.0 (+0.71%)

Aug Oct Dec 2024

1Y 5Y 10Y 25Y All


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Palm Oil Price - Chart - Historical Data - News
Price Day Month Year
Summary Stats Forecast Alerts  Export
Soybeans 1179.33 1.93 0.16% -1.87% -10.94%

Wheat 615.95 1.45 0.24% -10.60% -5.22%

Palm Oil 3,961.00 28.00 0.71% 2.43% 15.95%

Cocoa 10,546.69 557.26 5.58% 47.18% 231.03%

Cotton 71.68 -1.18 -1.63% -7.70% -13.35%

Rubber 178.00 -4.90 -2.68% 7.88% 35.05%

Orange Juice 420.70 11.10 2.71% 4.08% 65.60%

Coffee 223.47 4.56 2.08% 13.18% 22.28%

Oat 333.02 -0.2440 -0.07% -18.43% -12.02%

Rice 18.17 0.6965 3.97% -2.88% 18.96%

Canola 631.31 3.93 0.63% -5.51% -9.72%

Sugar 19.08 0.35 1.87% 2.46% -24.15%

Corn 453.02 3.5199 0.78% -4.12% -17.03%

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Palm Oil

Crude Palm oil is vegetable oil and it's used primarily in processed food.
Indonesia and Malaysia constitute 85% of the world's palm oil supply
followed by 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.
Actual Previous Highest Lowest Dates Unit Frequency
 
3961.00 3933.00 7268.00 429.00 1980 MYR/MT Daily
Palm Oil Price - Chart - Historical Data - News
-
Summary Stats Forecast Alerts 2024
 Export

Commodity Forex Index Stock Bond Crypto

Actual Chg %Chg

Crude Oil 78.283 0.037 -0.05%

Brent 82.434 0.034 0.04%

Natural gas 3.0326 0.0964 -3.08%

Gasoline 2.3923 0.0001 0.00%

Heating Oil 2.4365 0.0008 -0.03%

Gold 2319.57 4.45 0.19%

Silver 29.541 0.244 0.83%

Copper 4.5246 0.0031 0.07%

Soybeans 1179.33 1.93 0.16%

Wheat 615.95 1.45 0.24%

Coal 135.45 2.10 1.57%

Steel 3400.00 3.00 -0.09%

Iron Ore 106.27 1.11 -1.03%

TTF Gas 34.96 0.82 2.40%

Lumber 498.09 3.53 0.71%

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