Our Price Explained

What are the Palm Oil and Distillates price assessments?

On September 2, 2019, S&P Global Commodity Insights launched 4 Platts 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

This was followed on November 1, 2019, by the launch of 2 new price assessments:

  • Crude Palm Oil (CPO) CIF Rotterdam
  • Crude Palm Kernel Oil (CPKO) CIF Rotterdam

They are daily price assessments in USD per metric ton reflecting the prevailing value of the market at either 6:00 pm Singapore time (1000 GMT) or 4:30 pm London time.