Facts About Palm Products That You Need to Know

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When it comes to palm oil, the first country that strikes our mind is Indonesia. This is because Indonesia is the largest exporter of palm oil along with other products like uncoated paper, soap, coconut oil, etc. Palm oil is the most common among palm products. There are some facts about palms that should be known before.

Palm oil price forecast for 2015

Production is estimated to reach 31 million tons this year, according to Indonesian Palm Oil Board (DMSI). Amid the 2000s commodities boom, Indonesia’s palm oil production growth rate averaged 10 percent per year. In recent years, however, growth is gradual, amid weak global economic conditions (resulting in weak CPO demand and declining CPO prices), limited palm oil plantation expansion due to the government’s primary forest moratorium (2011-2015) meaning a temporary stop to the granting of new permits to clear rain forests and peat lands, and weather conditions. This has led to a decrease in palm oil prices in Indonesia.

Palm oil derivatives

There are various products that are derived from palm oil which we use indirectly in many other ways which explains the widespread usage of this in various countries. As we can see for instance RBD Palm Oil, Palm Fatty Acid Distillate, RBD Palm Olein, and RBD Palm Stearine. Other Palm derivatives are also provided by PT Sree International Indonesia, the most trusted chemical company in Indonesia. Crude Palm Kernel Oil, Crude Palm Kernel Olein, and other chemical can be found in the website of PT Sree International Indonesia.

Sustainable palm oil

The Roundtable on Sustainable Palm Oil (RSPO) was created in 2004 following concerns raised by non-governmental organizations about environmental impacts related to palm oil production. The organization has established international standards for sustainable palm oil production.  Products containing Certified Sustainable Palm Oil (CSPO) can carry the RSPO trademark.  Members of the RSPO include palm oil producers, environmental groups, and manufacturers who use palm oil in their products. CSPO is now a trademark for Crude palm oil suppliers in Indonesia.