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
6m 1y 5y 10y 15y 20y 25y 30y
Correlation coefficient: 0.596119

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
Mar 2019573.02750.33--0.7637
Apr 2019588.45733.772.69%-2.21%0.8020
May 2019563.20742.53-4.29%1.19%0.7585
Jun 2019552.19742.89-1.95%0.05%0.7433
Jul 2019543.88748.17-1.50%0.71%0.7269
Aug 2019586.12793.217.77%6.02%0.7389
Sep 2019580.30779.25-0.99%-1.76%0.7447
Oct 2019591.35770.801.90%-1.08%0.7672
Nov 2019683.38774.9115.56%0.53%0.8819
Dec 2019769.93820.5912.66%5.89%0.9383
Jan 2020834.85873.668.43%6.47%0.9556
Feb 2020728.81800.41-12.70%-8.38%0.9105
Mar 2020636.25747.80-12.70%-6.57%0.8508
Apr 2020608.88679.98-4.30%-9.07%0.8954
May 2020576.56684.78-5.31%0.71%0.8420
Jun 2020656.49755.7113.86%10.36%0.8687
Jul 2020694.16821.115.74%8.65%0.8454
Aug 2020760.30866.949.53%5.58%0.8770
Sep 2020796.22905.864.72%4.49%0.8790
Oct 2020819.27914.772.89%0.98%0.8956
Nov 2020917.81973.8812.03%6.46%0.9424
Dec 20201,016.371,026.2010.74%5.37%0.9904
Jan 2021990.271,098.67-2.57%7.06%0.9013
Feb 20211,019.861,123.502.99%2.26%0.9078
Mar 20211,030.481,284.811.04%14.36%0.8020
Apr 20211,078.051,386.354.62%7.90%0.7776
May 20211,136.461,574.675.42%13.58%0.7217
Jun 20211,004.421,518.16-11.62%-3.59%0.6616
Jul 20211,062.991,468.345.83%-3.28%0.7239
Aug 20211,141.821,433.947.42%-2.34%0.7963
Sep 20211,181.381,398.753.46%-2.45%0.8446
Oct 20211,310.251,483.5210.91%6.06%0.8832
Nov 20211,340.651,442.962.32%-2.73%0.9291
Dec 20211,270.291,411.21-5.25%-2.20%0.9001
Jan 20221,344.791,469.565.86%4.13%0.9151
Feb 20221,522.361,595.7413.20%8.59%0.9540
Mar 20221,776.961,956.8816.72%22.63%0.9081
Apr 20221,682.741,947.51-5.30%-0.48%0.8640
May 20221,716.921,962.882.03%0.79%0.8747
Jun 20221,501.101,751.76-12.57%-10.76%0.8569
Jul 20221,056.641,533.40-29.61%-12.47%0.6891
Aug 20221,025.951,598.78-2.90%4.26%0.6417
Sep 2022909.321,548.32-11.37%-3.16%0.5873
Oct 2022888.991,575.90-2.24%1.78%0.5641
Nov 2022945.741,651.606.38%4.80%0.5726
Dec 2022940.391,409.24-0.57%-14.67%0.6673
Jan 2023941.971,351.770.17%-4.08%0.6968
Feb 2023949.981,243.010.85%-8.05%0.7643
Mar 2023972.061,113.192.32%-10.44%0.8732
Apr 20231,005.241,029.973.41%-7.48%0.9760
May 2023934.06988.32-7.08%-4.04%0.9451
Jun 2023816.971,007.12-12.54%1.90%0.8112
Jul 2023878.501,135.747.53%12.77%0.7735
Aug 2023860.821,126.53-2.01%-0.81%0.7641
Sep 2023829.601,111.63-3.63%-1.32%0.7463
Oct 2023804.261,133.87-3.05%2.00%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

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

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