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Average monthly prices of crude palm oil Malaysia 2018-2020

In December 2020, the average monthly price for crude palm oil in Malaysia was at around 3.6 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 2020

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Source

Release date

January 2021

Region

Malaysia

Survey time period

2018 to 2020

Supplementary notes

1 Malaysian ringgit is equal to 0.25 U.S. dollars and 0.20 euros as of January 2021.

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* Prices do not include sales tax.

Statistics on "Palm oil industry in Malaysia"

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