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Settlement
Prices

For the trade,
By the trade,
With the trade

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 and are not in a position to provide analysis of such data. Neither will it declare individual submitted price data.

The Latest Settlement Prices

All prices US$ per metric ton, CIF Rotterdam

Date posted on the web:

 30 January 2023

Next update due:
06 February 2023

Malaysian/
Indonesian CPO
Malaysian/
Indonesian PKO
Philippine/
Indonesian CNO
19 Jan 231000.501020.501086.50
16 Jan 231003.501042.001084.00
12 Jan 23991.501046.501063.00
9 Jan 231042.001078.001078.00
5 Jan 231069.001106.001105.00
2 Jan 231092.001130.001145.00
29 Dec 221036.001086.501146.50
26 Dec 221045.001124.001173.50
22 Dec 221008.501088.001151.50
19 Dec 221011.501080.001172.50
15 Dec 221001.001087.001177.00
12 Dec 22995.001068.001150.00
8 Dec 221050.00
1067.00
1142.00
5 Dec 221093.00
1113.00
1139.00
1 Dec 221087.00
1112.00
1186.00
28 Nov 221112.50
1092.00
1192.00
Members can view a list of archived settlement prices by logging in

Policy Statement

Due to FOSFA’s essential and fully maintained neutral position as the service provider of arbitration facilities, the FOSFA Secretariat is 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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