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General
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Palm oil is a form of edible vegetable oil
obtained from the fruit of the oil palm tree.
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Palm oil is one of the few vegetable oils
relatively high in saturated fats (such as
coconut oil) and thus semi-solid at room
temperature.
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The palm oil and palm kernel oil are composed of
fatty acids, esterified with glycerol just like
any ordinary fat.
Extraction
Process
- Palm oil
is derived from the mesocarp of the oil palm fruit.
- A
new system of extraction based on a double-pressing technique
has been implemented recently by several mills in Malaysia.
- A
carotenoid-rich oil can be obtained from the pressed fibre of
the oil palm fruit which normally is burnt as fuel in palm oil
mills.
- Factors
such as over maturity of fruits, damage to fruits while
harvesting, transport, delay in processing beyond 24 hours,
result in bad quality oil and economic loss.
.Application
- Palm oil
is the second most traded vegetable oil crop in the world, after
soy, and over 90% of the world’s palm oil exports are produced
in Malaysia and Indonesia.
Market
- In Asia,
the two largest producers of palm oil are Malaysia, with a total
of four million hectares of plantations in 2005, and Indonesia,
with 5.3 million hectares in 2005.
- The new
demand for palm oil to be used as a biofuel or as biomass for
electricity production is potentially massive.
- The trend
of strong growth in palm oil consumption continues in 2006/07,
as food use and industrial use are forecast to increase 4.5
percent (1.2 MMT) and 8.9 percent (710,000 MT), respectively.
The larger food consumption forecast is driven primarily by
increased palm oil demand in China and India.
Entrepreneur who want
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