Palm oil
1,180US$/t▲ 4.2% vs Aug 2026
Latest observation Sept 2026
- Latest
- 1,180
- Change
- +406.4%
- Year on year
- +13.8%
- High
- 1,777 Mar 2022
- Low
- 142 Sept 1968
- Average
- 551
- Volatility
- 24.4%
Palm oil is 1,180 US$/t (Sept 2026), 406.4% higher than in Jan 1960. Over the last year: +13.8%.
What is this?
The world market price of palm oil (US$/t).
Much cooking oil sold in Mozambique is imported or refined from imported crude palm oil.
How to read it
Higher means the commodity sells for more on world markets.
Unit: US$/t.
Measure: Global benchmark price.
What does the data say?
Palm oil is 1,180 US$/t (Sept 2026), 406.4% higher than in Jan 1960. Over the last year: +13.8%.
Over all 801 observations since Jan 1960, the highest was 1,777 (Mar 2022) and the lowest 142 (Sept 1968).
Why does it matter?
- Households: Affects local prices only where Mozambique imports the product.
- Businesses: Exporters earn more when world prices rise; importers pay more.
- Government: Royalties and export taxes move with world prices.
- Investors: Commodity exposure of Mozambique's exports.
- Mobile money: Indirect; mainly through incomes in producing regions.
Observed facts are above; these are possible implications, not measured effects.
What should I watch?
Data source
- Source
- World Bank Commodity Price Data (The Pink Sheet)
- Frequency
- Monthly
- Observations
- 801 (Jan 1960 – Sept 2026)
- Source published
- 2026-10-02
- Last retrieved
- 2026-10-17
- Method
- Monthly average in nominal US dollars. Column "Palm oil" ($/mt).
- Limitations
- A world market price, not the price Mozambican producers or exporters actually receive, nor the export unit value in customs data.
- Download
- All stored observations (JSON) · CSV from the chart