Indian Palm Oil prices
Palm Oil prices in Mumbai posted a strong weekly increase, with values rising Rs 9.00/kg and reaching Rs 155.00/kg. The latest move reflects strengthening domestic trading conditions after several weeks of relatively stable pricing. Indian Palm Oil prices have now recorded consecutive fortnightly gains, indicating continued firmness in procurement activity and market participation. Despite the sharp increase, daily fluctuations remained controlled, suggesting that buyers and sellers are still operating within a balanced trading environment.
The monthly trend also points to gradual strengthening, with Palm Oil adding Rs 5.00/kg over the last month. In the medium-term structure, the market has advanced Rs 14.50/kg during the past three months and Rs 17.00/kg over six months. Indian Palm Oil prices continue to remain close to the yearly peak, reinforcing stronger domestic sentiment across western India. Current Palm Oil prices in India are positioned near resistance at Rs 155.00/kg, while support levels are visible around Rs 150.00/kg. Market participants are closely monitoring whether the product can maintain stability near the upper end of the current range as trading activity remains firm, Palm Oil, Edible Oil Market, Commodity Prices, Market Highs, Weekly Rise, Agri Commodities.
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