Market Highlights

Market Highlights

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...

Land grab issues and how it affects foreign investments in Sub-Saharan Africa

Introduction Africa is seen as the next frontier, where abundant land and resources are available. Many investors show particular interest in Sub-Saharan Africa for business opportunities such as in mining, timber, large scale plantations, infrastructure and recreational developments. They show spec...

Pakistan’s Fast-Growing Fast-Food Sector – Potential for Malaysian Palm Oil

The evolution of life and lifestyles can be clearly observed throughout the history of the world. Pakistan is no different and the lifestyles of people here have seen major changes since its inception more than 70 years ago. With increasing globalization and the shrinking of the world, the Pakistani...

Strengthening Malaysian Palm Oil in MENA Region

The Middle East and North Africa region consumes approximately 14 million MT of various oils and fats.  The consumption of oils and fats in the Middle East and North Africa differs significantly with most of the growth recorded in North Africa.  In term of per capita consumption, the regio...

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