Monthly average, September 2026
Average export price of Malaysian palm oil.
| Unit | Price (USD) |
|---|---|
| metric ton | 1,180.00 |
| Year | Average | High | Low | Change | In today's dollars |
|---|---|---|---|---|---|
| 2026 | 1,131.11 | 1,181.00 | 1,013.00 | +12.3% | 1,147.10 |
| 2025 | 1,006.83 | 1,070.00 | 908.00 | +4.5% | 1,053.73 |
| 2024 | 963.50 | 1,190.00 | 845.00 | +8.7% | — |
| 2023 | 886.50 | 1,005.00 | 804.00 | −30.5% | — |
| 2022 | 1,276.00 | 1,777.00 | 889.00 | +12.9% | — |
| 2021 | 1,130.42 | 1,341.00 | 990.00 | +50.4% | — |
| 2020 | 751.67 | 1,016.00 | 577.00 | +25.0% | — |
| 2019 | 601.25 | 764.00 | 544.00 | −5.8% | — |
| 2018 | 638.58 | 709.00 | 535.00 | −15.0% | — |
| 2017 | 750.83 | 825.00 | 679.00 | +2.1% | — |
| 2016 | 735.67 | 811.00 | 612.00 | +10.9% | — |
| 2015 | 663.42 | 723.00 | 600.00 | −20.8% | — |
| 2014 | 837.58 | 954.00 | 720.00 | −3.8% | — |
| 2013 | 870.75 | 920.00 | 819.00 | −16.5% | — |
| 2012 | 1,043.42 | 1,234.00 | 844.00 | −12.6% | — |
| 2011 | 1,193.33 | 1,327.00 | 1,045.00 | +27.9% | — |
| 2010 | 933.08 | 1,235.00 | 826.00 | +25.9% | — |
| 2009 | 741.25 | 873.00 | 656.00 | −28.9% | — |
| 2008 | 1,042.83 | 1,377.00 | 581.00 | +27.7% | — |
| 2007 | 816.75 | 1,002.00 | 638.00 | +60.7% | — |
| 2006 | 508.33 | 626.00 | 459.00 | +12.8% | — |
| 2005 | 450.75 | 468.00 | 419.00 | −9.7% | — |
| 2004 | 499.25 | 584.00 | 446.00 | +4.7% | — |
| 2003 | 476.75 | 548.00 | 439.00 | +16.0% | — |
| 2002 | 410.92 | 489.00 | 353.00 | +42.9% | — |
| 2001 | 287.50 | 362.00 | 234.00 | −7.3% | — |
| 2000 | 310.25 | 372.00 | 255.00 | −28.8% | — |
| 1999 | 436.00 | 632.00 | 319.00 | −35.0% | — |
| 1998 | 671.08 | 705.00 | 621.00 | +22.9% | — |
| 1997 | 545.83 | 580.00 | 498.00 | +2.8% | — |
| 1996 | 530.92 | 562.00 | 476.00 | −15.5% | — |
| 1995 | 628.25 | 687.00 | 586.00 | +18.9% | — |
| 1994 | 528.42 | 719.00 | 387.00 | +39.9% | — |
| 1993 | 377.75 | 425.00 | 333.00 | −4.0% | — |
| 1992 | 393.50 | 413.00 | 382.00 | +16.1% | — |
| 1991 | 339.00 | 376.00 | 311.00 | +17.0% | — |
| 1990 | 289.75 | 346.00 | 267.00 | −17.3% | — |
| 1989 | 350.42 | 406.00 | 267.00 | −19.8% | — |
| 1988 | 437.17 | 517.00 | 381.00 | +27.6% | — |
| 1987 | 342.58 | 432.00 | 300.00 | +33.3% | — |
| 1986 | 257.00 | 342.00 | 197.00 | −48.7% | — |
| 1985 | 500.58 | 653.00 | 356.00 | −31.3% | — |
| 1984 | 728.83 | 951.00 | 562.00 | +45.3% | — |
| 1983 | 501.50 | 695.00 | 367.00 | +12.7% | — |
| 1982 | 445.08 | 528.00 | 355.00 | −22.0% | — |
| 1981 | 570.67 | 640.00 | 483.00 | −2.2% | — |
| 1980 | 583.67 | 672.00 | 507.00 | −10.7% | — |
| 1979 | 653.83 | 694.00 | 602.00 | +8.9% | — |
| 1978 | 600.33 | 654.00 | 514.00 | +13.3% | — |
| 1977 | 530.08 | 659.00 | 445.00 | +30.3% | — |
| 1976 | 406.75 | 457.00 | 345.00 | −6.3% | — |
| 1975 | 434.17 | 589.00 | 356.00 | −35.1% | — |
| 1974 | 669.17 | 840.00 | 579.00 | +77.3% | — |
| 1973 | 377.50 | 536.00 | 212.00 | +73.7% | — |
| 1972 | 217.33 | 228.00 | 185.00 | −16.7% | — |
| 1971 | 260.92 | 283.00 | 234.00 | +0.4% | — |
| 1970 | 260.00 | 279.00 | 226.00 | +43.6% | — |
| 1969 | 181.00 | 255.00 | 158.00 | +7.3% | — |
| 1968 | 168.75 | 191.00 | 142.00 | −24.5% | — |
| 1967 | 223.50 | 234.00 | 195.00 | −5.2% | — |
| 1966 | 235.67 | 248.00 | 225.00 | −13.5% | — |
| 1965 | 272.58 | 303.00 | 247.00 | +13.8% | — |
| 1964 | 239.58 | 261.00 | 233.00 | +7.6% | — |
| 1963 | 222.58 | 232.00 | 218.00 | +3.0% | — |
| 1962 | 216.17 | 237.00 | 197.00 | −5.4% | — |
| 1961 | 228.42 | 234.00 | 223.00 | +1.8% | — |
| 1960 | 224.42 | 233.00 | 219.00 | — | — |
Yearly averages of monthly prices. Today's dollars adjust for US consumer price inflation (CPI-U).
| Month | Price | Change |
|---|---|---|
| Sep 2026 | 1,180.00 | +4.2% |
| Aug 2026 | 1,132.00 | −0.1% |
| Jul 2026 | 1,133.00 | −0.8% |
| Jun 2026 | 1,142.00 | −2.2% |
| May 2026 | 1,168.00 | −1.1% |
| Apr 2026 | 1,181.00 | +1.2% |
| Mar 2026 | 1,167.00 | +9.7% |
| Feb 2026 | 1,064.00 | +5.0% |
| Jan 2026 | 1,013.00 | +3.4% |
| Dec 2025 | 980.00 | −0.3% |
| Nov 2025 | 983.00 | −5.3% |
| Oct 2025 | 1,038.00 | +0.1% |
| Sep 2025 | 1,037.00 | +1.1% |
| Aug 2025 | 1,026.00 | +5.1% |
| Jul 2025 | 976.00 | +4.4% |
| Jun 2025 | 935.00 | +3.0% |
| May 2025 | 908.00 | −8.7% |
| Apr 2025 | 994.00 | −6.9% |
| Mar 2025 | 1,068.00 | +0.1% |
| Feb 2025 | 1,067.00 | −0.3% |
| Jan 2025 | 1,070.00 | −10.1% |
| Dec 2024 | 1,190.00 | +1.8% |
| Nov 2024 | 1,169.00 | +8.5% |
| Oct 2024 | 1,077.00 | +9.6% |
The Palm oil price averaged 1,180.00 USD / metric ton in September 2026, +13.8% against a year earlier. These are monthly benchmark prices; physical trades add freight, quality premiums and taxes.
The highest monthly price since 1960 was 1,777.00 USD / metric ton in March 2022; the lowest was 142.00 USD / metric ton in September 1968.
In today's dollars, the 2025 average of 1,006.83 USD / metric ton is worth about 1,053.73 USD / metric ton. The highest yearly average in today's dollars was 1,147.10 USD / metric ton in 2026.
Source: World Bank Commodity Price Data (The Pink Sheet), licensed under CC BY 4.0; inflation adjustment with US CPI-U from the Bureau of Labor Statistics.