Benchmark differentials
Refined grades are priced off a liquid futures anchor plus an auditable differential. Defaults are shipped for every grade; your own overrides take priority from their effective date.
| Product | Anchor | Current differential | Basis |
|---|---|---|---|
Crude Palm Oil CPO | CPO | — | Exchange settlement |
RBD Palm Oil RBDPO | CPO | +$25/MT | Indicative refining premium over CPO |
RBD Palm Olein RBDPOL | CPO | +$40/MT | Indicative olein premium over CPO |
RBD Palm Stearin RBDPS | CPO | −$35/MT | Indicative stearin discount to CPO |
Palm Fatty Acid Distillate PFAD | CPO | −$190/MT | Indicative PFAD discount to CPO |
Crude Soybean Oil CSBO | BOIL | — | Exchange settlement |
Degummed Soybean Oil DSBO | BOIL | +$15/MT | Indicative degumming premium |
RBD Soybean Oil RBDSBO | BOIL | +$60/MT | Indicative refining premium over crude soybean oil |
Soy Acid Oil / SBFAD SBAO | BOIL | −$230/MT | Indicative acid oil discount |