The palm oil market is at a crossroads. As global demand for food, fuel, and other essentials grows, production struggles to keep pace. For years, Indonesia has driven the expansion of palm oil supply, but its recovery is now met by adverse land policy exacerbated by stagnation in Malaysia’s oil palm planted area and declining […]

Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]

Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]

Fastmarkets is launching two price assessments for palm oil mill effluent (POME) for loading out of ports in Malaysia in Indonesia, to meet growing interest from biofuel producers and consumers in Europe and other parts of Asia. The first publication of these two price assessments will be on Thursday December 4 and will be published […]

The publication of Fastmarkets’ AG-PLM-0013 Crude palm oil, cfr west coast India, $/tonne and AG-PLM-0014 Crude palm oil, cfr east coast India, $/tonne assessments for Thursday November 27 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

Vegoils futures dropped across markets and regions, with Malaysian crude palm oil (CPO) futures hitting a four-month low while Chicago soyoil futures fell, pressured by lower crude oil prices and expectations around US biofuel policies.

The spot price for AG-PLM-0022 refined bleached deodorised (RBD) palm stearin fob Indonesia was published incorrectly on Thursday as $1,070 per tonne and has been corrected to $1,050 per tonne. The M1 November price for refined bleached deodorised palm stearin on Thursday has also been corrected to $1,050 per tonne from $1,070 per tonne. Fastmarkets’ pricing database […]

Vegoils futures traded mostly lower on Friday October 10 after Malaysian data showed higher-than-expected palm oil stocks and as crude prices plummeted on progress in peace talks in the Gaza Strip.

The following assessment was published late: AG-PLM-0009 Crude palm oil FOB Malaysia. The price was $1,172 per tonne. This price is part of the Fastmarkets Oils, Fats and Biofuels package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a […]

Stay updated with our latest veg oils price commentary. Crude palm oil (CPO) futures traded in both directions on Friday October 3 before halting its two-day positive streak to end lower amid pre-weekend positioning and as palm tracked similar movements recorded in related soybean oil futures on the Chicago Mercantile Exchange.