Discontinuation of US-assessed palm, lauric oil prices; merging of price histories: pricing notice

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 Analytics.

Fastmarkets is proposing 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 has assessed these markets in both the USA and Asia following the acquisition and merger of the Jacobson and Palm Oil Analytics.

Under the change, Fastmarkets would produce a single assessment for the respective markets, and the price history of the longer-tenured assessment will be retained.

The following prices will be discontinued:

• AG-PLM-0006 Palm stearin, RBD, fob Malaysia, $/tonne
• AG-PLM-0001 Palm fatty acid distillate, fob Malaysia, $/tonne
• AG-CCN-0002 Crude coconut oil, fob Philippines, US cents/lb

The above prices will be merged with the following, with the price histories of AG-PLM-0006, AG-PLM-0001 and AG-CCN-0002 from their dates of commencement up to March 12, 2026, to be retained and take precedence.

AG-PLM-0021 Refined bleached deodorised palm stearin fob Malaysia, $/tonne
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, Color max 3 Red
Quantity: Min. 500 mt, other sizes may be considered for inclusion in the assessment but normalized to reference volume
Location: Port Klang and Pasir Gudang
Timing: Fastmarkets assesses the following calendar month starting the first business day after the 15th of each month. For example, on September 15, the M1 assessment represents the remaining days in September and on September 16, the M1 assessment represents full month October.
Unit: $/tonne
Timestamp: 18:00 Singapore time 
Roll date: 16th of the month
Notes: Published value is based on best available offers at time of assessment

AG-PLM-0023 Palm fatty acid distillate (PFAD) fob Malaysia, $/tonne
Quality: Min. 70% Free Fatty Acid (FFA) content (as palmitic) Saponifiable Fatty Matter min. 95-97% Max 1.0% Moisture and Impurities (M&I) 
Quantity: Min. 500 mt. Other sizes may be considered for inclusion in the assessment but normalized to reference volume
Location: Port Klang and Pasir Gudang
Timing: Fastmarkets assesses the following calendar month starting the first business day after the 15th of each month. For example, on September 15, the M1 assessment represents the remaining days in September and on September 16, the M1 assessment represents full month October.
Unit: $/tonne
Timestamp:18:00 Singapore time 
Roll date: 16th of the month
Note: Published value is based on best available offers at time of assessment

AG-CCN-0003 Crude coconut oil fob Philippines, $/tonne
Quality: Max. 4%, 3% basis Free Fatty Acid (FFA) content (as lauric at time of shipment), Max 1% Moisture and Impurities (M&I) at time of shipment, Iodine value max 10 at time of shipment, Colour max 100 Yellow, max 15 Red
Quantity: Min. 500 mt, Other sizes may be considered for inclusion in the assessment but normalized to reference volume
Location: Manila and Batangas
*Timing: 30-60 days ahead of date of assessment. For example, on September 1, Fastmarkets M1 assessment represents October 1 through October 31. On September 15, Fastmarkets M1 assessment represents October 15 through November 14. 
Unit: $/tonne
Timestamp: 18:00 Singapore time 

*AG-CCN-0003 is currently undergoing a consultation on the change in timing, details of which can be found here.

These prices are part of the Fastmarkets Ags Oils, Fats and Biofuels package.

The consultation period for the discontinuation of these prices will begin on December 12, 2026, and end on January 26, 2026, with changes taking place, subject to market feedback, from March 12, 2026.

To provide feedback on the proposal to discontinue the above US-assessed prices and merging of price histories, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and fats_oils@fastmarkets.com.

Please add the subject heading “re: Discontinuation of US-assessed palm, lauric oil prices; merging of price histories.”

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.