Indian Palm Oil Prices

Palm Oil in Mumbai moved down to Rs 150.00/kg, falling Rs 6.00/kg from the previous week's Rs 156.00/kg level. The latest assessment is also Rs 4.00/kg lower on the fortnight comparison and Rs 4.00/kg below the price recorded one month earlier. Indian Palm Oil prices have therefore moved lower across all three shorter-term comparison periods supplied in the market update.
The three-month view shows prices retreating from a stated high of Rs 160.00/kg. On a six-month basis, however, the current level remains Rs 12.00/kg higher than the earlier Rs 138.00/kg reference. The broader observed range extends from Rs 138.00/kg to Rs 165.00/kg, a spread of Rs 27.00/kg. Palm Oil prices in India are presently trading above the lower end of that range while remaining Rs 15.00/kg below the stated high.
Support is reported around Rs 150.00/kg and resistance near Rs 156.00/kg. These levels correspond closely with the latest and previous weekly assessments, giving procurement teams clear reference points when comparing current supplier quotations. Indian Palm Oil prices can also be monitored against the broader six-month range to separate recent weakness from the net increase recorded over that longer period. Palm Oil, Palm Oil Prices, Weekly Decline, Fortnightly Decline, Monthly Decline, Six Month Gain
Read the full verified update on IndianPetrochem.com.