Market Highlights

Market Highlights

Positive Outlook Remains for Palm Oil in China Despite the Recovery of Swine Sector

Review of China’s economy in 2021 China’s unrelenting efforts to tackle COVID have resulted in a significant increase in the country’s GDP growth for 2021. Although the COVID pandemic are still posing threats, economic activities has picked up after the country exited from a full lockdown since the ...

Malaysian Palm Oil Prospects in The West Of Suez Region

Synopsis The West of Suez region which covers 11 countries, namely Algeria, Djibouti, Egypt, Eritrea, Ethiopia, Libya, Morocco, Somalia, Sudan, Jordon, and Tunisia, heavily depends on oils and fats imports to meet the growing consumption. Dependence on imports of oils and fats has been increasing du...

Positive Palm Oil Outlook in East – Suez Region (Jan – Jun 2021)

1. İntroduction The East of Suez region consists of 13 countries, i.e. Armenia, Bahrain, Georgia, İran, İraq, Jordon, Kuwait, Oman, Qatar, S. Arabia, Turkey, UAE, Yemen and Syria. The population of the region is about 326 million and demand for oils and fats is significant.  The East of Suez re...

Will Malaysia be able to weather the decline in palm oil exports to the United States

For decades the United States remained the largest market for vegetable oils, accounted for approximately 80% of volumetric share in North American vegetable oils market. US dominates the oils and fats regional market, owing to its high consumption and export of oils. Palm oil consumption consumptio...

Palm-based Oleochemical in Pakistan’s Booming Beauty and Personal Care Industry

Palm Oleochemical in Personal care and beauty products Palm oil, the most productive oil crop, is found in a wide range of personal care products, including liquid detergents, soaps, shampoos, lipstick, waxes, polishes, and make-up. The property of palm oil as versatile, chemically stable, productiv...

North Africa Ports Infrastructure – A Gateway to land-locked African markets

(Focus Markets  – Djibouti, Somalia, Eritrea, Sudan & Ethiopia) The combined population of Djibouti, Ethiopia, Eritrea and Somalia and Sudan are almost 200 million people which accounts for  15% of the total African continent population.  Geographically, the eastern most countries...

Impact of Minimum Support Prices on Indian Oilseeds

Agriculture, with 58% population dependent on it, continues to be India’s backbone. In 2020-21, agriculture constituted 19.90% of GDP up from 17.80% in 2019-20 on the back of reforms to improve production. Continuing land reforms, initiation of price support policies, introduction of new technologie...

Potential for Palm Oil in Korean Cosmetic Industry

Background In 2020, the market value of the global cosmetic industry dropped by 8% to USD460 billion compared to USD500 billion in 2019 due to the COVID-19 pandemic. Asia Pacific region is the leader of the cosmetic market in the world. China and Japan hold about 14.2% and 7.8% global share respecti...

RED II: Current Status of EU Member States and Its Impact on Palm Oil – Current & Future

In 2018, RED II was introduced as an amendment to RED I, which added a target of 14% use of renewable energy in the transport sector. However, EU adopted the Commission Delegated Regulation (EU) 2019/807, which stipulates the criteria for determining high-ILUC risk feedstocks for which a significant...

Market Potentials for Malaysian Palm Oil Products in Turkey

Malaysian palm oil (MPO) exports to turkey increased dramatically since the implementation of the Malaysia-Turkey Free Trade agreement (MTFTA) in 2015. A year before the FTA, Malaysia only managed to supply less than 80,000 MT of palm oil a year or 13% of the total palm oil imported by the country. ...

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