Palm Olein, derived from palm oil, is a common cooking oil, primarily produced in Indonesia for domestic use. The Olein futures contract holds significant importance, serving both as a hedging tool and for direct trading in cooking oil. Olein stands out as an ideal choice for frying, maintaining its properties at high temperatures. It also holds a central position as the primary cooking oil in Indonesia. Olein futures contract, with its smaller value, offers a flexible hedging tool, easily adaptable to specific hedging needs.