Crude Palm Oil Futures End of Day Settlement Price

802.25
U.S. dollars and cents per metric ton
Contract Month: MAY23
As of: Friday, May 12, 2023
Source: CME - CME Group
Open:----
High:----
Low:----
Last:----
Change:+3.50
Estimated Volume:
Prior Day Open Interest:
Contract Specifications

Palm oil vs Soybean Oil - Price Rate of Change Comparison

Range
Correlation coefficient: -0.075973

Description: Monthly comparison between the rate of change in the price of Palm oil versus the rate of change in the price of Soybean Oil



Rate of ChangePrice Ratio

Source: ISTA Mielke GmbH, Oil World; US Department of Agriculture; World Bank.

See also: Palm oil production statistics

See also: Top commodity suppliers

See also: Commodities glossary - Definitions of terms used in commodity trading

MonthPalm oil Price (US Dollars per Metric Ton)Soybean Oil Price (US Dollars per Metric Ton)Palm oil ROCSoybean Oil ROCPalm oil / Soybean Oil Price Ratio
Oct 2023804.261,133.87--0.7093
Nov 2023830.471,118.393.26%-1.37%0.7426
Dec 2023813.511,062.48-2.04%-5.00%0.7657
Jan 2024844.90971.463.86%-8.57%0.8697
Feb 2024856.93911.901.42%-6.13%0.9397

Top Companies

Sime Darby
Website: http://www.simedarby.com/
Location: Kuala Lumpur, Malaysia

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