Today: September 27, 2016, 10:42 am

Palm oil market: 87% of world palm oil production from Indonesia and Malaysia
Global Palm Oil Market Report: 2013 Edition - a new market research report on 2014-03-06 18:23:01
The global palm oil market production is dominated by Indonesia and Malaysia, accounting for 87% of production output in 2011/12. Increasing demand from the bioenergy sector and oleochemicals industries has increased demand for palm oil over recent years. The increased demand for biofuels in the developed countries such as Europe and United States in addition to Brazil is driving strong growth in demand.

The major importing countries of palm oil include India, China, Europe and Pakistan. The Euro debt crisis combined with stockpiling of palm oil in Malaysia has resulted in fluctuating market prices for CPO palm oil over the past year. The Malaysian government has recently reduced CPO export tax in order to compete with the largest producer, Indonesia and to reduce the excess stock which is being stored.

The problems associated with limited land availability, labour issues and environmental controls, the focus has now shifted to improving yield and creating a sustainable and traceable value chain. The multinationals and buyers are now interested in the emergence of certified sustainable palm oil (CSPO) or green palm oil.

Palm oil is extracted front the fruit of oil palm trees or Elaeis guineensis with the main products being crude palm oil (CPO) and palm kernel oil (KPO). Palm oil represents the highest yielding oil crop in the World with an output five to ten times greater per hectare than other leading vegetable oils. The high yield per hectare, low price, relative shelf stability and nutritional benefits all contribute to ensuring palm oil remains an important natural resource. Palm oil is mainly used in food as cooking oil, in oleochemicals industry for manufacturing soaps, cosmetics, detergents, lubricants and glues. In addition, palm oil is a raw material for biodiesel.

The four main companies operating in the palm oil market are Wilmar International, Sime Darby, IOI International and PT Astra Agro.

The report analyses the global palm oil industry providing production, consumption, imports and exports data. In addition, the major drivers and key issues are discussed in the analysis.

Click for report details: ..

Browse all Agriculture, Farming & Raw Materials Market Research Reports ..

Browse all Agriculture, Farming & Raw Materials Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 543 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.