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Oil from the fruit of a palm tree, (Elaeis guineensis), native to tropical West Africa and cultivated in Africa, Indonesia, Malaysia, and tropical America as the source of palm oil. The palm oil contains a very high percentage of saturated fat. Growing to a height of 15 m, the palms produce fleshy fruits, 3 cm long, containing a white kernel within a hard black shell. Palm oil is extracted from the pulp and kernel and used in making soaps, margarine, lubricants, etc. When used in soaps, palm oil creates a hard, long lasting bar of soap that is mild and cleanses well. Refined Palm Oil is the oil obtained from the fleshy portion of the fruit from varieties of the palm Elaeis guineensis which has been refined, bleached and deodorized. TEST METHOD RANGE Specific gravity @ 25°C USP 0.911-0.918 Iodine value USP 50 - 55 Free fatty acids (as Oleic) USP 0.1% max Moisture AOCS Ca 2c-25 0.1% max Color Gardner AOCS Td la-64 3 max Appearance White to pale yellow solid to semisolid lard-like fat Flavor and Odor Bland, odorless TYPICAL FATTY ACID COMPOSITION (%) C12 & lower 2.5 max C14:0 0.5 - 5.9 C18:1 34 - 44 C16:0 32 - 47 C18:2 7 - 12 C18:0 2 - 8
Market check · updated 5 Nov 2026
In Oct 2026, Palm oil averaged US$1,120 per tonne, up 7.9% on a year earlier. The world price is a reference grade; ask the seller for a firm quote for this product.
World reference · Palm oil, Oct 2026
US$1,120 / tonne
+7.9% vs Oct 2025
| Palm oil | Oct 2025 · 1,038 | Apr 2026 · 1,181 | Oct 2026 · 1,120 |
|---|
Sources: World Bank Commodity Price Data (Pink Sheet), Oct 2026.
For buyers · landed cost
Price filled in from the world reference price; change it to your offer. Duty: WITS / UNCTAD TRAINS most-favoured-nation rate for HS 1511.90. Exchange rate: European Central Bank, 4 Nov 2026. Freight, insurance, port charges and VAT are not included.
Who trades palm oil · 2025
Imports, US$ million
Exports, US$ million
Source: UN Comtrade, HS 1511, 2025, as reported by each country.
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Groupe Common lists Crude And Refined Palm Oil on Global Trade Plaza from Portugal. The listing was added in June 2025.
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Groupe Common is a B2B supplier based in Portugal, listed on Global Trade Plaza since June 2025. Use Inquire now or Chat with supplier to ask Groupe Common for prices, specifications and documents for Crude And Refined Palm Oil.
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