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 |
Crude Palm Kernel Oil PKO | CPO | +45% | Default lauric premium of PKO over CPO |
RBD Palm Kernel Oil RBDPKO | CPO | +52% | PKO premium plus refining |
Palm Kernel Olein PKOL | CPO | +55% | Palm kernel olein fractionation premium |
Palm Kernel Stearin PKS | CPO | +58% | Palm kernel stearin fractionation premium |
Crude Coconut Oil CNO | CPO | +60% | Coconut oil premium over CPO |
RBD Coconut Oil RBDCNO | CPO | +68% | Refined coconut oil premium over CPO |
Crude Sunflower Oil CSFO | BOIL | +6% | Crude sunflower oil premium over CBOT soybean oil |
Refined Sunflower Oil RBDSFO | BOIL | +12% | Refined sunflower oil premium |
High-Oleic Sunflower Oil HOSFO | BOIL | +22% | High-oleic sunflower speciality premium |
Crude Corn Oil CCO | BOIL | -4% | Crude corn oil discount to soybean oil |
Refined Corn Oil RCO | BOIL | +6% | Refined corn oil premium |
Crude Cottonseed Oil CCSO | BOIL | -2% | Crude cottonseed oil discount |
Refined Cottonseed Oil RCSO | BOIL | +8% | Refined cottonseed oil premium |
Crude Rice Bran Oil CRBO | BOIL | +2% | Crude rice bran oil differential |
Refined Rice Bran Oil RRBO | BOIL | +12% | Refined rice bran oil premium |
Crude Groundnut Oil CGNO | BOIL | +45% | Groundnut oil premium over soybean oil |
Refined Groundnut Oil RGNO | BOIL | +55% | Refined groundnut oil premium |
Crude Sesame Oil CSESO | BOIL | +80% | Sesame oil speciality premium |
Crude Linseed Oil CLSO | BOIL | +25% | Linseed oil premium |
Lampante Olive Oil OLIVE-L | BOIL | +180% | Lampante olive oil premium over soybean oil |
Refined / Pomace Olive Oil OLIVE-R | BOIL | +150% | Refined / pomace olive oil premium |
Extra Virgin Olive Oil EVOO | BOIL | +250% | Extra virgin olive oil premium |
Crude Rapeseed / Canola Oil RSO | BOIL | -3% | Crude canola oil differential to CBOT soybean oil |
Degummed Rapeseed Oil DRSO | BOIL | -1% | Degummed canola differential to soybean oil |
RBD Canola Oil RBDRSO | BOIL | +5% | RBD canola premium over soybean oil |
High-Oleic Canola Oil HORSO | BOIL | +15% | High-oleic canola premium over soybean oil |