Commodity Origins

Palm oil vs Sunflower oil

Palm oil's biggest producer is Indonesia (59%, 2023); Sunflower oil's is Russia (31%, 2023). Palm oil is currently $1,117/t, Sunflower oil $1,492/t. Their monthly price moves have strongly tracked each other over the 289 months compared (r = 0.66).

Palm oil compared with Sunflower oil
Palm oilSunflower oil
CategoryOilseeds & vegetable oilsOilseeds & vegetable oils
Top producerIndonesia (59%, 2023)Russia (31%, 2023)
World production79.6 million tonnes22.7 million tonnes
Top exporterIndonesia (48%, 2024)Ukraine (28%, 2024)
Latest price$1,117/t (August 2026)$1,492/t (August 2026)
12-month change+9%+17%

Price since February 2002, rebased to 100

Each price divided by its own February 2002 value and multiplied by 100, so the two can share one chart regardless of unit. Starts at February 2002 because that is the later of the two series' first published month.

Palm oil vs Sunflower oil monthly prices, index, Feb 2002 to Aug 2026Line chart of palm oil vs sunflower oil monthly prices in index from Feb 2002 to Aug 2026: Palm oil from 100 to 316.4, peaking at 503.4; Sunflower oil from 100 to 258.1, peaking at 408.5.0100200300400500200420062008201020122014201620182020202220242026index
Palm oilSunflower oil

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Production: FAOSTAT, USGS Mineral Commodity Summaries or the Energy Institute Statistical Review, whichever each commodity page cites. Trade: CEPII BACI, primary HS line. Prices: World Bank Pink Sheet, monthly averages, not investment advice.