Edible Oil Prices — May 2026 Update (FOB Bangkok)
This monthly price reference covers the five major edible oils exported from Thailand as of May 2026. All prices are FOB Bangkok/Laem Chabang port, standard container quantities (1 × 20ft FCL minimum).
May 2026 Price Table
| Oil Type | Grade | FOB Price (USD/MT) | Change vs Apr 2026 |
|---|---|---|---|
| RBD Palm Olein | CP8 | $880–$960/MT | +$15 |
| RBD Palm Olein | CP10 | $910–$1,000/MT | +$10 |
| Crude Palm Oil (CPO) | — | $780–$870/MT | +$20 |
| Palm FFA 70% (PFAD) | — | $550–$620/MT | +$5 |
| Refined Soybean Oil | — | $1,050–$1,250/MT | -$20 |
| RBD Sunflower Oil | Standard | $1,000–$1,200/MT | Flat |
| High-Oleic Sunflower Oil | HOSO | $1,250–$1,500/MT | Flat |
| RBD Canola Oil | Standard | $1,050–$1,200/MT | -$15 |
| RBD Coconut Oil | 76° | $1,200–$1,500/MT | +$30 |
| Rice Bran Oil | RBD | $1,100–$1,300/MT | Flat |
*Prices are indicative and subject to daily market movement. Contact Jit Aree for current spot prices and contract pricing.*
Key Price Drivers — May 2026
Palm Oil (+$15–$20/MT vs April): Malaysia's MPOB data for March 2026 showed a 3.5% decline in CPO production due to heavy rainfall in Sabah and Sarawak affecting harvesting. Combined with stronger-than-expected Chinese demand ahead of Ramadan replenishment orders, palm oil futures (Bursa Malaysia FCPO) hit MYR 4,050/MT — the highest level since Q4 2025. Thailand's RBD palm olein exports track the Malaysian CPO benchmark with a $50–$80/MT premium for refining costs.
Soybean Oil (-$20/MT vs April): South American soybean harvest is progressing well, with Brazil's CONAB forecasting a record 2025/26 soybean crop of 169 million tonnes. Increased Brazilian soybean oil supply is pressuring global prices. Chicago CBOT soybean oil futures pulled back from January highs. Asian buyers are taking advantage of the dip to build inventory.
Sunflower Oil (Flat): Ukrainian sunflower oil exports remain constrained by Black Sea shipping insurance premiums, keeping prices elevated relative to pre-conflict levels. However, EU sunflower area planted in 2026 is 8% higher than 2025, which should increase EU domestic supply in H2 2026 and put downward pressure on prices from September onwards.
Coconut Oil (+$30/MT): Philippine and Indonesian coconut production continues to underperform due to La Niña weather patterns. Global coconut oil supply remains tight, supporting prices near $1,300–$1,500/MT for 76° RBD grade.
2026 Outlook: What Importers Should Do Now
Based on current market conditions, our recommendations for Q2 2026:
Palm Oil buyers: Lock in Q3 2026 volumes now. With palm production expected to recover in May–June (peak harvest season in Malaysia/Indonesia), prices may soften $30–$50/MT from current levels in July–August. A forward contract or fixed-price agreement with your supplier for July–September delivery could save $30–$50/MT versus spot purchasing.
Soybean Oil buyers: The current dip (-$20/MT) is a buying window. Brazilian harvest pressure will likely continue through June. If your storage capacity allows, buying 2–3 months of supply at current prices is advisable before any rebound.
Sunflower Oil buyers: EU harvest pressure may improve prices in H2 2026. Avoid over-stocking at current elevated prices unless you have firm forward sales commitments. Monitor Ukrainian export volumes monthly.
How Jit Aree Supports Price-Sensitive Buyers
- Spot pricing: Daily price updates from our trading desk
- Contract pricing: Quarterly contracts with monthly price adjustment clauses tied to published indices (Bursa Malaysia FCPO, CBOT)
- Price alert service: Register for monthly email price updates
- Volume discounts: Buyers committing to 3+ containers per month typically qualify for $20–$40/MT discount off spot
Contact our export team for today's confirmed FOB Bangkok price and minimum order details.
Shop Our Edible Oils
- Palm FFA 70% (PFAD) — Industrial grade from $550/MT FOB Bangkok
- RBD Palm Olein — Food-grade palm oil from $880/MT FOB
- Coconut Oil — 76° RBD from $1,200/MT FOB
Related reading: - Palm Oil for Soap Making — PFAD, Palm Stearin & RBD Grades - Contact us for a current FOB quote