Market Highlights
Rapeseed Situation in China and Its effect on Palm Oil Import
The most populous nation in the world has an exquisite cuisine taste that is loved by many regardless of geographical identity. One of the major oilseed crops in China, the rapeseed or locally known as yóucài has a deep impact on Chinese culinary arts due to its mild taste, high smoking point, and r...
Sub-Saharan Palm Oil Import Duties and Its Impact on Palm Oil Imports
Besides raising revenue for the governments, import duties are often used to give market advantage to domestic production. Tariffs are widely employed as a policy instrument to promote the domestic edible oil sector but the evidence of their impact is mixed. This article will discuss various import ...
Oil Palm Expansion Programme: Will India Achieve Its Target to Reduce Import Dependency?
The global oils and fats consumption has grown at a compounding annual growth rate of 3.8% for the past 10 years, which led to oils and fats requirements of 237.56 million MT in 2019. Limited land and growing needs for other agricultural crops have resulted in inadequate production of oilseeds which...
Taiwan – A Resilient Market of Malaysian Palm Oil
With a population of 23.8 million, Taiwan consumed 860,000 MT of oils and fats in 2019. Soybean oil and palm oil are the main consumed edible oils with a share of 52% and 26% respectively. Soybean oil is the most produced oil in the Taiwan with an average production was 460,000 MT yearly for the [&h...
Exploring Palm Oil Market in Latin America and the Caribbean
The profitability of oil palm crops in the tropical climates of Latin America and the Caribbean is drawing increasing interest. In 2019, the region accounts for 6.2% of global palm oil production (Expert Market Research, 2019). At the same time, some countries within the region rely on palm oil impo...
The Scourge of Adulteration in India
Consumption of edible oil is one of the basic needs of society. The affluent sections of society purchase this commodity in bulk as part of their grocery shopping list. This purchase is in convenient packets of ½ kilograms and other higher bulk weights. But a vast majority cannot afford bulk purchas...
Revised MARPOL Annex II regulations – Another Non-Tariff Barrier Against Palm Oil
Introduction Global trade is heavily dependent on shipping and the shipping industry carries out about 90% of world trade through its vast and extensive network across all countries in the globe. This is a very heavily regulated industry which is regulated by the International Maritime Organization ...
An Overview of the Development of High Oleic Soybean Oil in the United States and Its Implication on Palm Oil
The soybean industry in the United States is in full swing in expanding the development and production of high oleic soybean oil. Various efforts are being undertaken to recapture lost market share in the food sector and expand into additional new markets. The United States is one of the world’s lar...
The Impact of President Xi’s Call to Stop Food Wasting on Palm Oil Demand
Call from President Xi to stop food wasting On 11 August 2020, China’s President Mr. Xi Jinping made important instructions to curb the situation of food wasting. He pointed out that the phenomenon of food wasting is shocking and heart-breaking! He also quoted from a Chinese poem which says “Every g...
Bangladesh Edible Oil Refining Sector: A Potential Destination for Malaysian FDI
MARKET OVERVIEW: Average per capita consumption of oils and fats in Bangladesh has increased steadily during the last decade accordingly to Oil World. Per capita consumption of oils and fats is now approaching 19 kgs. Both population growth and consumer power has contributed to this. Steady economic...
