Fastmarkets announces the acquisition of Palm Oil Analytics, a Singapore-based provider of prices, data and news on palm oil and its derivative products. The acquisition expands Fastmarkets’ presence in agriculture, building on our recent acquisitions of AgriCensus in 2020 and The Jacobsen in 2021.
The acquisition of Palm Oil Analytics allows Fastmarkets to accelerate plans to support trade and investment decisions across vegetable oil markets, including in biofuels and renewable energy markets. This complements the work of Fastmarkets’ existing pricing for the biofuels, biomass and battery raw materials markets.
Fastmarkets is the industry-leading price reporting agency (PRA) serving the metals, mining, forest products, energy transition and agriculture markets. Fastmarkets’ growth is fueled by its reputation as the trusted source for pricing, news, analytics and events. It is also driven by advancements in its platform and products as well as in its global operation, which continuously aims to enhance the value delivered to customers. As a part of Fastmarkets, Palm Oil Analytics will have access to world-class price reporting infrastructure that will support plans to accelerate its growth.