Settlement Prices

All prices US$ per metric ton, CIF Rotterdam

Date posted on the web:
9 April 2020

Next update due:                            
17 April 2020

  Malaysian/
Indonesian CPO
Malaysian/
Indonesian PKO
Philippine/
Indonesian CNO
       
2 Apr 20 635.00 738.00 852.00
30 Mar 20 673.50 738.00 870.00
26 Mar 20 634.50 691.50 804.00
23 Mar 20 623.50 668.50 803.00
19 Mar 20 641.50 661.00 804.00
16 Mar 20 632.00 685.50 798.00
12 Mar 20 634.00 707.00 846.50
9 Mar 20 646.50 708.50 862.50
5 Mar 20 682.50 755.00 887.50
2 Mar 20 644.00 687.00 826.50
27 Feb 20 666.50 738.50 854.00
24 Feb 20 699.00 802.00 851.50
20 Feb 20 718.00 808.00 818.50
17 Feb 20 741.00 822.50 826.50
13 Feb 20 766.50 824.00 822.50
10 Feb 20 774.50 841.50 866.50
6 Feb 20 821.50 862.50 876.50
3 Feb 20 771.50 844.50 858.00


Archive price data
is available to members.

Where a settlement price is applicable under the Adjustment of Outturn Clause of the contracts shown below, the Federation publishes prices established by the appropriate Price Settlement Committee. 

  • Contract No 54 – Vegetable and Marine Oil in Bulk Delivered Weights
  • Contract No 80 – Crude Unbleached Palm Oil in Bulk Delivered Weights

Committee members provide as a basis for the establishment of a settlement price, a CIF market value of goods arriving at Rotterdam on a Monday and a Thursday of each week. This then follows a process to establish a settlement price.  Oils which are currently subject to the terms of the Adjustment of Outturn Clause and the aforementioned process are:

  • Malaysian/Indonesian Crude Palm Oil
  • Malaysian/Indonesian Crude Palm Kernel Oil
  • Philippine/Indonesian Crude Coconut Oil

It has been long established practice (periodically and repeatedly endorsed by the Oils and Fats Committee, supported by the FOSFA Council)  that the date determination to apply the settlement price published is the date when the first parcel of goods/oil is discharged from the vessel at the designated port, irrespective of subsequent separate parcel/ownership discharges.  The exception to the rule is that if named berth is stated in the contract then it will be the first discharge of goods/oil at that berth date to be applied.

Policy Statement – Due to FOSFA’s essential and fully maintained neutral position as the service provider of arbitration facilities, the FOSFA Secretariat are not engaged in market price activities, nor in a position to provide analysis of such data. Nor will it declare individual submitted price data.

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Association for international trading in oils, fats and oilseeds