What is the Average Cost of Palm Oil per gallon/pound/kg? Average Palm Oil Price

Palm oil is also known as coconut oil or palm kernel oil. It comes from the fruits of palm trees. Palm oil is reddish in color because it contains a high amount of beta-carotene. Palm oil is a common cooking ingredient in some areas of the world, including Africa, Southeast Asia and part of Brazil. The average cost of palm oil is $900 per ton.