In December 2021, the average monthly price for crude palm oil in Malaysia was 5.07 thousand Malaysian ringgit per metric ton. Malaysian crude palm oil prices have increased in 2020 due to a shortage of stocks caused by disruption in production due to the COVID-19 pandemic.
Average monthly prices of crude palm oil in Malaysia from 2018 to 2021
(in Malaysian ringgit per metric ton)
Characteristic
Average price in Malaysian ringgit per metric ton
Dec 21
5,070
Nov 21
5,341
Oct 21
5,051
Sep 21
4,556
Aug 21
4,555
Jul 21
4,128.5
Jun 21
3,830.5
May 21
4,572
Apr 21
4,220
Mar 21
4,041.5
Feb 21
3,895.5
Jan 21
3,748.5
Dec 20
3,620.5
Nov 20
3,422
Oct 20
2,979.5
Sep 20
2,924
Aug 20
2,815
Jul 20
2,519
Jun 20
2,411.5
May 20
2,074
Apr 209
2,299
Mar 20
2,382
Feb 20
2,714.5
Jan 20
3,013.5
Dec 19
2,813
Nov 19
2,493.5
Oct 19
2,104
Sep 19
2,097
Aug 19
2,066.5
Jul 19
1,879
Jun 19
1,968
May 19
1,946.5
Apr 19
2,018.5
Mar 19
1,903.5
Feb 19
2,100.5
Jan 19
2,037
Dec 18
1,794.5
Nov 18
1,830.5
Oct 18
2,082
Sep 18
2,177.5
Aug 18
2,183.5
Jul 18
2,215
Jun 18
2,324
May 18
2,396
Apr 18
2,418
Mar 18
2,426.5
Feb 18
2,488
Jan 18
2,486.5
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Malaysian Palm Oil Board. (January 26, 2022). Average monthly prices of crude palm oil in Malaysia from 2018 to 2021 (in Malaysian ringgit per metric ton) [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/1087110/malaysia-crude-palm-oil-average-monthly-prices/
Malaysian Palm Oil Board. "Average monthly prices of crude palm oil in Malaysia from 2018 to 2021 (in Malaysian ringgit per metric ton)." Chart. January 26, 2022. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/1087110/malaysia-crude-palm-oil-average-monthly-prices/
Malaysian Palm Oil Board. (2022). Average monthly prices of crude palm oil in Malaysia from 2018 to 2021 (in Malaysian ringgit per metric ton). Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/1087110/malaysia-crude-palm-oil-average-monthly-prices/
Malaysian Palm Oil Board. "Average Monthly Prices of Crude Palm Oil in Malaysia from 2018 to 2021 (in Malaysian Ringgit per Metric Ton)." Statista, Statista Inc., 26 Jan 2022, https://www.statista.com/statistics/1087110/malaysia-crude-palm-oil-average-monthly-prices/
Malaysian Palm Oil Board, Average monthly prices of crude palm oil in Malaysia from 2018 to 2021 (in Malaysian ringgit per metric ton) Statista, https://www.statista.com/statistics/1087110/malaysia-crude-palm-oil-average-monthly-prices/ (last visited June 29, 2022)