Palm Oil prices are dynamic and influenced by a variety of global and regional factors. India, being one of the world’s largest importers of edible oil, heavily relies on palm oil, making its domestic prices particularly sensitive to international market movements and government policies.
Here’s a breakdown of current prices and the key factors at play:
Current Palm Oil Prices (Approximate as of July 2025):
- India Spot Price (BankBazaar): Today’s Palm Oil price in India is ₹4,252.00, showing a slight declining trend of 0.28%.
- Historical trend in India:
- June 2025: ₹3,968.00
- May 2025: ₹3,878.00
- April 2025: ₹3,911.00
- March 2025: ₹4,419.00
- February 2025: ₹4,554.00
- January 2025: ₹4,289.00
- December 2024: ₹4,861.00
- November 2024: ₹5,238.00
- October 2024: ₹4,800.00
- Historical trend in India:
- Malaysian Crude Palm Oil (CPO) Futures (MDEX):
- August 2025: RM 4243/TNE (Malaysian Ringgit per Tonne)
- September 2025: RM 4291/TNE
- October 2025: RM 4309/TNE
- Global Wholesale Prices (RBD Palm Oil – India): Over the past 4 weeks, wholesale prices for India RBD Palm Oil have typically ranged between $1.12 USD per kg and $1.82 USD per kg.
- Refined Palm Oil in India (IndiaMART): Prices for refined palm oil in India vary significantly based on packaging type, brand, and quantity. You can find rates ranging from ₹71/Litre for certain bulk or specific brands to ₹150-250/Litre for consumer packs. For instance, a 200 Kg drum of refined palm oil can be around ₹144/Kg.