Insight

Palm Oil

World's #3 CPO producer ~3M t/yr; ~0.9M ha southern Thailand; ~300K smallholders, ~90 mills; Univanich (UVAN), Chumporn (CPI), Lam Soon (LST) listed; Patum private refiner; MOC price-controlled, DEDE biofuel mandate

Last updated: Live coverage

Reports in this sector

2

Market profiles

4

Cited sources

30

Primary-grade share

73%

Key statistics

Public reference figures, each linked to source-level context.

FY2024
~2-2.5 Mt CPO

Thai crude palm oil (CPO) production (2024)

Office of Agricultural Economics, Palm Oil Industry Club Thailand, USDA PSD

2024
B7 (7% FAME)

Thai biodiesel blend mandate (B-series, 2024)

Energy Policy and Planning Office, Department of Energy Business

FY2024
~THB 22-30/kg

Thai domestic CPO reference price (2024)

Department of Internal Trade, OAE weekly CPO price survey

2023-2024 average
~3-4 tonnes FFB/rai/yr

Thai oil palm fresh fruit bunch (FFB) yield

OAE crop yield surveys, Department of Agriculture, POIC

FY2024
~USD 300-500M

Thai refined palm product export value

Thai Customs Department, OAE, POIC export data

Market profiles in this sector

4 free profiles tied to reports, filings, regulations, and source-backed context.

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Company/operator
SET:CPI

Chumporn Palm Oil Industry

Listed mid-scale Thai palm oil producer (SET: CPI); Chumphon integrated plantation, mill, refined products.

3 reports
Company/operator
SET:LST

Lam Soon Thailand

Listed Thai consumer palm oil brands (SET: LST); Oleen cooking oil, Naturel refined oils, wheat flour, margarine.

1 report
Company/operator

Patum Vegetable Oil

Largest private Thai palm oil refiner; RBD palm olein cooking oil, industrial palm products.

3 reports
Company/operator
SET:UVAN

Univanich Palm Oil

Largest listed Thai palm oil producer (SET: UVAN); Krabi integrated plantation, mill, refinery; RSPO-certified.

3 reports

Available reports

Thailand Palm Oil Biodiesel Deep Dive

Thai palm biodiesel B5/B7/B10/B20 mandate. CPI, UVAN, PATO palm; Bangchak, PTT, Thai Oil, IRPC refiners; ~600-800k tonnes B100 annually; MOC farmer-income stabilisation.

Thailand Palm Oil Market Intelligence

World's #3 crude palm oil producer at ~3M t/yr after Indonesia, Malaysia. ~0.9M ha southern Thailand; ~300K smallholders feed ~90-100 mills. Univanich, CPI, Lam Soon listed; Patum private refiner.

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Thailand Palm Oil Market Intelligence

18 min read · 2026 Edition

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Palm Oil · Insight