• latest palm oil price in Sri Lanka
  • latest palm oil price in Sri Lanka
  • latest palm oil price in Sri Lanka
  • latest palm oil price in Sri Lanka
  • How much is palm oil in Sri Lanka?
  • The total values in export for palm oil in Sri Lanka were US$ 59, US$ 16, US$ 1,932 and US$ 713 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order. In 2023, the approximate price range for Sri Lanka Palm Oil is between US$ 1.54 and US$ 3.55 per kilogram or between US$ 0.7 and US$ 1.61 per pound (lb).
  • What is the price of oil in Sri Lanka?
  • The data is categorized under Global Database’s Sri Lanka – Table LK.P008: Petroleum Price. Petroleum Price: Average: Crude Oil: USD data was reported at 57.790 USD/Barrel in 2017. This records an increase from the previous number of 46.300 USD/Barrel for 2016.
  • What is the contract size of palm oil?
  • The contract size is 25 metric tons and it's traded at Bursa Malaysia. The Palm oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.
  • What happened to palm oil prices in India?
  • According to Consumer Affairs Ministry, the wholesale price of palm oil fell 2.50 per cent to Rs 12,349 per tonne as on September 14 from Rs 12,666 per tonne a week ago. As per the government data, retail palm oil prices rose 64 per cent to Rs 139 per kg on September 3 from Rs 85 per kg a year ago.
  • What is the current price of palm oil in tonnes?
  • According to Bloomberg, the current price of palm oil is RM3,854 a tonne, a 25-year high.
  • Why is palm oil so popular in India?
  • In India, the world’s largest palm oil consumer, demand is expected to pick up as falling prices make palm oil cheaper than soybean oil and refiners replenish stocks due to strong production in Malaysia and Indonesia. Crude Palm oil is vegetable oil and it's used primarily in processed food.