Get the latest insights on price movement and trend analysis of RBD Palm Kernel Stearin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The prices of RBD Palm Kernel Stearin are directly influenced by the price of crude palm kernel oil. With the absence of Ukrainian oilseeds from the market, the entire oilseed and oil industry came under pressure to satisfy the increased demand from Europe.
The price of soybean and palm oil exploded globally. The Indonesian export ban amid the poor-quality harvest from Malaysia and Latin America further caused palm oil prices to soar uncontrollably.
The price of the Bursa Malaysia Derivative palm oil averaged a staggering 1942 USD/MT on March 1, 2022. To control inflation, governments worldwide reduced the duty levied on the export of palm oil. The prices of palm kernel oil averaged 1554.50 USD/MT in June 2022 owing to relaxed upstream costs. Hence the price trends for RBD Palm Kernel Stearin remained strong throughout the said period owing to inflated costs of feedstocks and inputs.
Procurement Resource provides latest prices of RBD Palm Kernel Stearin. 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.
RBD Palm Kernel Stearin is obtained from palm kernel stearin by refining, bleaching, and deodourising it. Palm kernel stearin is a high premium product that is made from the fractionation of palm kernel oil. Its quality can be seen by its sharp solid fat content (SFC) profile, which also indicates its suitability for its use in confectionery fats.
|Product Name||RBD Palm Kernel Stearin|
|Industrial Uses||Oleochemicals, Confectionary, Bakery fats, Biscuit cream, Ice cream, Chocolate coatings|
|Supplier Database||Cargill Incorporated, Wilmar International Ltd|
|Region/Countries Covered||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
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||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.
To produce RBD Palm Kernel Stearin, palm kernel oil is used as the starting material. Crude palm kernel oil is obtained by crushing the palm kernel, followed by oil extraction. Then, the extracted palm kernel oil is refined, bleached, and deodourised, followed by its fractionation to finally produce RBD Palm Kernel Stearin.
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).
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