Reference
Β·Primary source
Thai domestic CPO reference price (2024)
~THB 22-30/kg
The government-managed domestic CPO reference price in Thailand traded in the range of approximately THB 22-30 per kilogram in 2024, set by the Internal Trade Department through a price-floor mechanism to support smallholder incomes. World CPO prices (Bursa Malaysia benchmark) and the biodiesel blend mandate are the main transmission variables. Thailand exports minimal CPO β domestic refining absorbs nearly all supply.
Figure in context
The government-managed domestic CPO reference price in Thailand traded in the range of approximately THB 22-30 per kilogram in 2024, set by the Internal Trade Department through a price-floor mechanism to support smallholder incomes. World CPO prices (Bursa Malaysia benchmark) and the biodiesel blend mandate are the main transmission variables. Thailand exports minimal CPO β domestic refining absorbs nearly all supply.
The government-managed domestic CPO reference price in Thailand traded in the range of approximately THB 22-30 per kilogram in 2024, set by the Internal Trade Department through a price-floor mechanism to support smallholder incomes. World CPO prices (Bursa Malaysia benchmark) and the biodiesel blend mandate are the main transmission variables. Thailand exports minimal CPO β domestic refining absorbs nearly all supply.
Time scope
FY2024
Source basis
Primary source
Interpretation notes
What this tells you
The government-managed domestic CPO reference price in Thailand traded in the range of approximately THB 22-30 per kilogram in 2024, set by the Internal Trade Department through a price-floor mechanism to support smallholder incomes. World CPO prices (Bursa Malaysia benchmark) and the biodiesel blend mandate are the main transmission variables. Thailand exports minimal CPO β domestic refining absorbs nearly all supply.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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Office of Agricultural Economics, Palm Oil Industry Club Thailand, USDA PSD
Thai biodiesel blend mandate (B-series, 2024)
Energy Policy and Planning Office, Department of Energy Business
Thai oil palm fresh fruit bunch (FFB) yield
OAE crop yield surveys, Department of Agriculture, POIC
Thai refined palm product export value
Thai Customs Department, OAE, POIC export data
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