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The consultation period for the proposed discontinuation begins on July 15, 2026.
A decision notice will be published 45 working days following the initial consultation date, on Wednesday September 16, with the change effective, subject to market feedback, on Monday, November 16.
The methodology for the requisite assessment is as follows:
Quality: Max. 0.2% Free Fatty Acid (FFA) content (as palmitic) Max 0.15% Moisture and Impurities (M&I) Iodine value max 48 Melting point min. 44°C Colour max 3 RedQuantity: Min. 500 mt. Other sizes may be considered for inclusion in the assessment but normalized to reference volumeLocation: Port of New Orleans (NOLA) and Port of HoustonTiming: Within 1-30 days of assessment. For example, on September 1st, Fastmarkets’ M1 assessment represents the full month of September. On September 15th, Fastmarkets’ M1 assessment represents the remaining days in September through October 14th.Unit: USD $/tonnePublication: Daily, timestamped 4pm NY time
This price forms part of the Fastmarkets fats and oils package.
All short-term forecasts associated with this price, if any, will also be discontinued.
To provide feedback on this proposal, please contact pricing@fastmarkets.com and fats_oils@fastmarkets.com. Please add the subject heading: “re: Discontinuation of palm oil, RBD, fob US West Coast.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.