Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

Price Assessment

The Price of Palm Oil and Distillates

  • What are the Palm Oil and Distillates price assessments?
  • How do we assess the Palm Oil and Distillates market?
  • Why are these prices important?

What are the Palm Oil and Distillates price assessments?

On September 2, 2019, S&P Global Platts launched 4 new price assessments to bring greater transparency to the growing palm market:

— Crude Palm Oil (CPO) FOB Indonesia
— Crude Palm Oil (CPO) CFR West Coast India
— Palm Fatty Acid Distillate (PFAD) FOB Indonesia
— Refined, Bleached and Deodorized (RBD) palm stearin FOB Indonesia


They are daily price assessments in USD per metric ton reflecting the prevailing value of the market at 6:00 pm Singapore time (1000 GMT).

How do we assess the Palm Oil and Distillates market?

Platts assessments are based on robust and transparent market data that includes, but is not limited to, firm bids and offers, expressions of interest to trade and confirmed trades reported across the trading day.


–Crude Palm Oil (CPO)

The FOB Indonesia CPO assessment reflects maximum free fatty acids (as palmitic) content of 5% and maximum moisture and impurities (M&I) content of 0.5% and parcels loading out of Dumai. The CFR India CPO assessments reflect maximum FFA (as palmitic) content of 4.5% and maximum M&I content of 0.5% and parcels for delivery into Kandla. Both assessments reflect a typical clip size of 1,000 mt and parcels shipping one month forward. For the CFR west coast India CPO assessment, this is basis an Indonesian shipment time into west coast India. The assessment laycan will roll over to the next calendar month on the first publication day after the 15th.


–Palm Fatty Acid Distillates (PFAD)

The FOB Indonesia PFAD assessment reflects the specifications for PFAD as defined by the Palm Oil Refiners Association of Malaysia (PORAM) and parcels loading out of Dumai, with a typical clip size of 500 mt., shipping one month forward, but over a period of two calendar months.


The assessment laycan will roll over to the next two calendar months on the first publication day after the 15th.


–RBD Palm Stearin

The FOB Indonesia RBD Palm Stearin assessment reflects the specifications for RBD Palm Stearin as defined by PORAM and parcels loading out of Dumai, with a typical clip size of 500 mt., shipping one month forward, but over a period of two calendar months. The assessment laycan will roll over to the next two calendar months on the first publication day after the 15th.

Why are these prices important?

With a global CPO production of around 76 million mt in 2019/20, the palm market increased by 2.60% year on year. India is the single largest importer of palm oil globally, taking 19% of total world palm oil exports, and its imports are expected to rise by around 2.50% in the current marketing year, according to USDA estimates.


A robust and transparent physical price representing the specific dynamics of regional markets and which leads to physical indexation and financially settled derivative instruments is a powerful tool which helps customers and other market participants:

— Manage and hedge price risks
— Leverage arbitrage opportunities
— Carry out negotiations more profitably and efficiently
— Make better-informed planning and trading decisions

Methodology and Specifications

See all agriculture methodologies
See all agriculture methodologies

See all agriculture products and services