PalmX

Palm Oil Intelligence

Freight & Logistics
 Live
15 Jun 2026
04:58 am MYT
Avg. Asia-EU (US$/MT)
46.35
+2.1%
Avg. Asia-China (US$/MT)
28.75
-0.5%
Bunker Fuel 380cst ($/MT)
625
+0.3%
Active Vessels (SE Asia)
142
Southeast Asia
Freight Rate Trends(US$/MT)
Asia–EUAsia–ChinaAsia–India
Key Shipping Routes(US$/MT)
RouteRate7D Chg
Malaysia to Rotterdam$46.35+2.3%
Indonesia to Rotterdam$47.20+1.8%
Malaysia to China$28.75-0.5%
Malaysia to India$32.50+1.2%
Malaysia to Pakistan$35.80+0.8%
Indonesia to India$33.10+0.6%
Malaysia to EU (other)$44.90+1.5%
Baltic Exchange · Drewry
Vessel Types & Availability
TypeDWTStatus
MR Tanker20-30k MTAdequate
Handysize10-20k MTAdequate
Panamax50-70k MTTight
Aframax80-120k MTAdequate
Fleet Note
Panamax vessels remain tight due to increased grain shipments from Black Sea competing for tonnage. MR Tankers adequate for regional palm oil trade.
Port Status
MY Port Klang
Wait: < 1 day
Normal
ID Belawan
Wait: < 1 day
Normal
MY Pasir Gudang
Wait: 1-2 days
Normal
ID Dumai
Wait: 3-4 days
Congested
MY Kuantan
Wait: < 1 day
Normal
Dumai congestion due to higher Indonesian export volumes.
Exports Tracker(Malaysia)
Jun 2026 (1-5)
182,450 MT
+9.3% MoM (est.)
Apr 2025 (Final)
1,629,801 MT
ITS (final figure)
Top Destinations (Apr 25)
India267,737 MT
China219,058 MT
EU182,548 MT
Pakistan146,038 MT
Others401,606 MT
Bunker Fuel PricesSingapore MFO · USD/MT
GradePriceChg
VLSFO (0.5%)$582+0.4%
MGO (0.1%)$698+0.2%
HFO (3.5%)$625+0.3%
LNG$510-0.8%
Baltic Exchange · Singapore MPA
Freight Market Analysis
EU Route Outlook
Bullish
Rising demand, tight tonnage
China Route
Neutral
Stable demand, ample vessels
India Route
Bullish
Pickup in import demand
Asia-EU freight rates continue to climb on tighter Panamax availability and increased palm oil export volumes from both Malaysia and Indonesia. Asia-China rates remain soft due to subdued import demand from Chinese refiners. Asia-India routes showing early signs of recovery as Indian importers return to the market ahead of festival season stocking.