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Oilseeds and Vegetable Oils
Palm Oil
10Palm Oil EU - EUR/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
400
550
700
850
1000
CPOR - Palm oil crude cif R'dam (MBP) (DH-3)
Demand recovered in the palm oil market, with the coronavirus situation in India (the world's largest importer)
marginally improving in May. Gains in soyabean and soyabean oil have also caused spillover demand for palm oil,
given its competitive pricing. Accordingly, the May average price of EU palm oil was recorded at EUR 823/MT, up
11% m-o-m and up 90% y-o-y.