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Bulk Palm Oil suppliers and buyers
Bulk Palm Oil producers, manufacturers, traders and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
About Palm Oil
Crude palm oil is the main vegetable oil of the food and biofuel industries. It is traded by the metric ton in bulk tankers, with free fatty acid and moisture limits in the contract.
Palm Oil exporters and importers: who trades it in the world
World exports of Palm Oil were worth about USD 43.5 billion in 2024. The largest exporting countries were Indonesia (48.8%), Malaysia (33.7%), Netherlands (2.1%), Thailand (2%). The largest importing countries were India (19%), China (7.3%), Pakistan (6.9%), United States (4.1%).
| Top exporting countries | Share of world trade |
|---|---|
| Indonesia | 48.8% |
| Malaysia | 33.7% |
| Netherlands | 2.1% |
| Thailand | 2% |
| Papua New Guinea | 1.6% |
| Guatemala | 1.3% |
| Top importing countries | Share of world trade |
|---|---|
| India | 19% |
| China | 7.3% |
| Pakistan | 6.9% |
| United States | 4.1% |
| Netherlands | 3.9% |
| Bangladesh | 3% |
Source: OEC (BACI/CEPII), 2024, customs codes 1511 (a wider product group). The figures count trade by every mode of transport, not only by sea.
What moves the price of Palm Oil
Palm oil prices follow production in Indonesia and Malaysia, which grow most of it, the weather and the seasonal output cycle, biodiesel policies, the prices of soybean and sunflower oil, and export taxes and levies. Palm oil futures in Kuala Lumpur are the common reference. Sustainability certification can change the premium.
Comdity does not publish prices: sellers and buyers agree them directly in their offers.
Palm Oil offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading Palm Oil works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they accept the offer, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Country guide: Palm Oil Suppliers: Indonesia, Malaysia and the Other Exporters.
Read more: FOB vs CFR vs CIF · offer and counteroffer · how to find commodity suppliers · export and import documents.
Palm Oil is normally shipped by vegetable oil tanker. When the terms are agreed, you can explore suitable vessels on Shipfixing.
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