Oil Palm in Malaysia
Oil Palm in Malaysia
A gift from nature. A gift for life.
About Palm Oil
The oil palm (Elaeis guineensis) is an ancient tropical plant from the West African tropical rainforest region. It is still being cultivated there as well as across the tropics.
Palm oil is extracted from the mesocarp of the fruit of an oil palm species. In Malaysia, the high yielding tenera, which is a cross between dura and pisifera species, is the most commonly cultivated palm tree. Basically, there are two main products of the palm oil industry – palm oil and palm kernel oil. Out of these, many products could be derived. Crude palm oil is normally processed by a physical refining process in which the oil is turned into a golden yellow refined oil for further end use applications.
Palm oil has been used as food and medicine throughout the ages. The earliest archaelogical evidence of palm oil use is an earthenware jar containing residues of palm oil in a 5,000-year-old Egyptian tomb.
OIL PALM IN MALAYSIA
Palm oil is one of the major produced oils and fats globally. China is the largest consumer of oils and fats, followed by the EU, India, and the United States. (Refer to Figure 4) 2. Among the 17 oils and fats, palm oil was the highest consumed oil in 2011, reaching three billion people in 150 countries. (Refer Figure 5 and Figure 6) 3. High palm oil consumption countries include China, India, Indonesia, and the European Union. 4. Global consumption for palm oil was 49.05 million tons in 2011. 5. Palm oil is competitively priced against soybean, rapeseed and sunflower oil in the world‘s market for oils and fats.
The oil palm planted currently is the tenera hybrid, which yields about 4.0 t of palm oil per hectare, together with 0.5 t palm kernel oil and 0.6 t palm kernel cake. Oil palm has an economic life of about 25 years. The harvesting of the palm could begin 30 months after field planting.
Malaysia’s Competitive Advantage
The competitive rivalry within the
A gift from nature. A gift for life.
About Palm Oil
The oil palm (Elaeis guineensis) is an ancient tropical plant from the West African tropical rainforest region. It is still being cultivated there as well as across the tropics.
Palm oil is extracted from the mesocarp of the fruit of an oil palm species. In Malaysia, the high yielding tenera, which is a cross between dura and pisifera species, is the most commonly cultivated palm tree. Basically, there are two main products of the palm oil industry – palm oil and palm kernel oil. Out of these, many products could be derived. Crude palm oil is normally processed by a physical refining process in which the oil is turned into a golden yellow refined oil for further end use applications.
Palm oil has been used as food and medicine throughout the ages. The earliest archaelogical evidence of palm oil use is an earthenware jar containing residues of palm oil in a 5,000-year-old Egyptian tomb.
OIL PALM IN MALAYSIA
Palm oil is one of the major produced oils and fats globally. China is the largest consumer of oils and fats, followed by the EU, India, and the United States. (Refer to Figure 4) 2. Among the 17 oils and fats, palm oil was the highest consumed oil in 2011, reaching three billion people in 150 countries. (Refer Figure 5 and Figure 6) 3. High palm oil consumption countries include China, India, Indonesia, and the European Union. 4. Global consumption for palm oil was 49.05 million tons in 2011. 5. Palm oil is competitively priced against soybean, rapeseed and sunflower oil in the world‘s market for oils and fats.
The oil palm planted currently is the tenera hybrid, which yields about 4.0 t of palm oil per hectare, together with 0.5 t palm kernel oil and 0.6 t palm kernel cake. Oil palm has an economic life of about 25 years. The harvesting of the palm could begin 30 months after field planting.
Malaysia’s Competitive Advantage
The competitive rivalry within the
References: http://www.palmoilworld.org/ http://en.wikipedia.org/wiki/Palm_oil