Narwhal API
Physical palm oil prices in Indonesia and Malaysia
Best palm oil price APIs in 2026
Narwhal covers physical palm oil reference prices and market averages in Indonesia and Malaysia. The other options cover FCPO futures or a Bursa Malaysia contract reference. Price type, units and commercial terms determine which option fits.
Decision
Choose Narwhal for government reference prices, physical market averages and FFB schedules. Choose Barchart or Commodities-API for FCPO futures. Trading Economics lists a Bursa Malaysia contract reference, with prices sourced from OTC and CFD instruments.
Provider shortlist
Physical prices and futures represent different products and units. Narwhal API is owned and operated by Nusantara Ventures, LLC.
Barchart
Bursa Malaysia crude palm oil futures
Trading Economics
A Bursa Malaysia palm oil contract reference
Commodities-API
CPO and FCPO symbols with hosted MCP
Compare the options
Best fit is not feature parity. Check the evidence and limitation together.
| Provider | Best for | Evidence checked | Important limitation |
|---|---|---|---|
| Narwhal API | Physical palm oil prices in Indonesia and Malaysia | Public beta covers Indonesia CPO references and FFB schedules, plus Malaysia CPO market averages and FFB references. It preserves native units, currencies and revisions. | A Narwhal key is required. FCPO futures are excluded. |
| Barchart | Bursa Malaysia crude palm oil futures | Barchart carries the Bursa Malaysia crude palm oil futures contract, with symbol root KO, exchange symbol FCPO and a 25 tonne contract. | OnDemand is usage-priced. The free tier was discontinued, and API keys require contacting sales. |
| Trading Economics | A Bursa Malaysia palm oil contract reference | Lists a Bursa Malaysia crude palm oil contract in MYR per metric tonne, with data from 1980. | Trading Economics says these prices come from third-party OTC and CFD instruments. Standard costs $199 a month. |
| Commodities-API | CPO and FCPO symbols with hosted MCP | Lists CPO and FCPO symbols for Bursa Malaysia. The FCPO page lists history from October 2024. Hosted MCP is available on every plan. | FCPO units and currency are not stated. Pro costs $49.99 a month for 1,000 calls. |
Choose by requirement
Choose physical prices or futures
Narwhal provides government reference prices and physical market averages, without FCPO futures. Barchart carries FCPO. Commodities-API lists FCPO, while Trading Economics describes prices sourced from OTC and CFD instruments.
Keep native units visible
Narwhal retains USD per metric tonne, IDR per kilogram, MYR per metric tonne and MYR per 1% OER as published. It assumes no conversion between these series.
Match the benchmark frequency
Narwhal also offers monthly World Bank palm oil benchmarks from January 1960. These differ from its physical reference prices, market averages and FFB schedules.
Sources and review date
Each detailed provider page lists the first-party documentation used, its evidence boundaries, and its review date.
Reviewed: