Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103
Palm Fatty Acid Distillate (PFAD) Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Palm Fatty Acid Distillate (PFAD) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Palm Fatty Acid Distillate (PFAD) Price Trend for the First Half of 2023
The process of refining palm oil yields a byproduct known as Palm Fatty Acid Distillate (PFAD). PFAD is often a yellow to brown liquid or semi-solid that contains a combination of fatty acids, including palmitic and oleic acids. It is made by distilling crude palm oil to get rid of contaminants and free fatty acids, making the final product more stable and marketable, and thus, the market trend of palm oil dictates the trajectory of the Palm Fatty Acid Distillate (PFAD) price trend.
In the first half of 2023, the palm oil price trend struggled with the challenges for palm oil production in Malaysia. May witnessed a positive upturn in palm oil production, which increased inventories and raised the stockpiles of palm oil in the Asia-Pacific region.
However, the looming El Nino posed a threat to the production rates of palm oil. Despite May's production increase, the transition to El Nino disrupted the upward trend and resulted in a reduction in production and inventories. In addition to this, the Asia Pacific countries are also facing labor challenges since the pandemic, which further aided the existing problems of palm oil production and thus has, in turn, negatively impacted the price trend of PFAD.
According to Procurement Resource, the price of Palm Fatty Acid Distillate (PFAD) is expected to oscillate in the upcoming months as its growth trajectory is dependent on the performance of the palm oil market.
Procurement Resource provides latest prices of Palm Fatty Acid Distillate (PFAD). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
PFAD or better known as palm fatty acid distillate is a by-product formed in the refining of palm oil for the food industry. PFAD appears as a light brown semi-solid substance at room temperature, which further melts into a brown liquid upon heating. PFAD primarily contains free fatty acids (FFA) (>80%) which include oleic, stearic, and palmitic components.
Production of food-grade oil from palm oil utilises distilling of palm oil as it improves the oil's taste, colour, odour, and shelf life. Thus, PFAD consists of degraded fats that are undesired and need to be removed to meet the food industry’s quality standards.
|Soaps, Fatty acids and fatty alcohols, Animal feed, Hardened oils, Candles, Fragrance ingredients, Intermediates
|Palm Fatty Acid Distillate
|Wilmar International, PT TUNAS BARU LAMPUNG Tbk., Sarawak Oil Palms Berhad Group, Nuansa Kimia Sejati, PT, Future Prelude Sdn Bhd
|Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|US$ (Data can also be provided in local currency)
|Supplier Database Availability
|The report can be customized as per the requirements of the customer
|Post-Sale Analyst Support
|360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, PFAD is produced as the by-product in the refining of palm oil. Palm oil is refined into food-grade oil by the removal of degraded fats and free fatty acids. The distillation of palm oil to refine the oil and separate these unwanted and degraded fats produces food-grade palm oil, which gives PFAD as the residue.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.
Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103