|Product Name||Palm Kernel Oil|
|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Palm Kernel Oil Prices: https://www.procurementresource.com/resource-center/palm-kernel-oil-price-trends/pricerequest
The palm kernel is the eatable seed obtained from the oil palm tree. The fruit produces two different oils, palm oil and palm kernel oil. Palm oil is obtained from the outer parts of the fruit, and palm kernel oil is produced from the kernel. The kernels produce oil which has a high demand for the production of cattle food, soaps, and so on. After the oil is extracted, the leftover part from the kernel makes palm kernel cake, which is utilised as a protein-rich feed for dairy cattle or burned in boilers to produce electricity. The odour of the palm kernel oil is relatively herbaceous, eucalyptus-like, peppery, slightly fruity-sweet, and appears a little green in colour.
Indonesia and Malaysia are the leading palm kernel oil countries globally. While Thailand, Nigeria, and Colombia are the other top palm kernel oil producers.
Key Details About the Palm Kernel Oil Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Palm Kernel Oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Palm Kernel Oil Price Trend, chart, including India Palm Kernel Oil price, USA Palm Kernel Oil price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Palm Kernel Oil Price Trend:
Today around 95 percent of palm kernel oil is primarily utilised in the production of food products and in the kitchen and the rest 5 percent of the oil is treated to produce biofuel and in the making of detergents and cosmetics. In other words, palm kernel oil has a broad range of applications in several industries. For instance, it is employed in oleochemistry to derive oleochemical intermediary products. In addition, other materials obtained from the palm kernel oil are also processed further in the cosmetic and detergent sectors. Moreover, because of its peculiar melting properties, it is specifically appropriate for use in the production of cocoa glazes, ice cream coatings, ice chocolate, and cool-melting chocolate fillings.
- Cargill, Incorporated
- Wilmar International Ltd
- BASF SE
- Bunge Loders Croklaan (Bunge Limited)
- Natures Natural India
- IOI Corporation Berhad
News & Recent Development:
- March 23, 22: Surfactant manufacturers based in India demanded the removal of customs duty on saturated fatty alcohol. Increased costs of base materials impact the growth of the home and personal care items industry enormously. Several reasons, like store network disruptions and heavy product expenses, severely hurt home-based producers. Surfactant producers have also been negatively impacted by such disturbances. A critical material that is used in saturated fatty alcohol is crude palm kernel oil which is primarily made in Indonesia and Malaysia.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
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