In this work, polyester polyols with high weight average molecular weight (M w ) (M w =10000-15000) were prepared from epoxidized palm olein (EPO o ) and a series of dicarboxylic acids (C 6 -C 12 ) at elevated temperature under non-catalyzed condition. The optimal reaction conditions were determined as 180 ℃ for 4 h. Longer carbon chain length of dicarboxylic acids was more reactive when reacted with EPO o . The physical appearance of the product was observed as liquid at room temperature. This palm oil-based polyester polyol is proposed as starting material for flexible polyurethane. For reaction monitoring purposes, FTIR was used while 1 H NMR analysis was carried out to characterize the important functional groups of the products. The effects of reaction time and temperature on the M w of the reaction mixture were also studied by GPC.