On-the-Ground Updates

Market Price of Palm Oil to Remain Stable in S1 2021

Lena Hartanto

Published Apr 6, 2021

It is predicted that the Palm Oil price will remain stable along with S1 2021 at RM 3,800. The high price level is due to market sentiment on supply constraint earlier this year (La Nina climate) and increasing demand from (1) China with the improved economic situation, (2) Saudi Arabia with the reopening of the Haj and Umrah pilgrimage, and (3) the Middle East in general with the upcoming Ramadhan season.

Related market data

Origin market price for sourcing of RBD Palm Oil to China

1 country’s domestic price data

Origin market price for sourcing of RBD Palm Oil to Malaysia

0 country’s domestic price data

Origin market price for sourcing of RBD Palm Oil to Saudi Arabia

0 country’s domestic price data

Origin market price for sourcing of RBD Palm Oil from Indonesia to China

0 country’s domestic price data

Origin market price for sourcing of RBD Palm Oil from Indonesia to Malaysia

0 country’s domestic price data

Export market for RBD Palm Oil in Malaysia

0 export price data

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