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RBD Palm Oil Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of RBD Palm Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

RBD Palm Oil Price Trend for the First Half of 2023

RBD Palm Oil is a more refined and processed version of Palm Oil, so the price trend for RBD Palm Oil closely mimic the price trend for Palm Oil. Asia, especially countries like Indonesia, exports the majority of RBD Palm Oil to the world. So, the global RBD Palm Oil price trend are influenced substantially by the market trend in the Asian market.

RBD Palm Oil Price Trends

RBD Palm Oil observed mixed price trend throughout the first half of 2023. As Indonesia tried to promote exports, the export tariffs were eased, bringing down the overall upstream costs, and freight normalization also contributed to the trend. So, Q1 experienced low swinging price trend. But exports were constricted a little in the second quarter to stabilize the domestic market, so little upward push was seen. However, the market fluctuations were in a very narrow range, so the overall market sentiments remained dull throughout.

Analyst Insight

According to Procurement Resource, the RBD Palm Oil prices are expected to continue oscillating in the upcoming months owing to the current trading atmosphere amid uncertain demand and rising inflation rates.

Procurement Resource provides latest prices of RBD Palm Oil. 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.

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About

RBD Palm Oil stands for refined bleached deodourised palm oil. Palm oil refinery plants, in general, carry out physical refining, which involves three steps refining, bleaching (decolourisation) and deodourisation. These RBD Palm Oil have huge demand in the market due to its high quality as well as high durability. It is further used to produce RBD palm olein by carrying out fractionation.

Product Details

Report Features Details
Product Name RBD Palm Oil
Industrial Uses Margarine and spreads, Ice-cream, Frying and cooking oils, Fatty acids, Soaps and cosmetics, Fuel, Emulsifiers
Supplier Database AMG International Ltd, Usha Edible Oil International Pte,Ltd, Sime Darby Plantation Berhad, IOI Corporation Berhad, Musim Mas Holdings Pt. Ltd, Farmimex (H.Y. Hammad Yousuf Companies)
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.

Production Processes

  • Production of RBD Palm Oil from Crude Palm Oil via Processing.

The RBD palm oil extraction process initially requires palm oil from the flesh of the fruit. After the extraction of crude palm oil from the palm fruit, it is processed at mills, which is further refined and deodourised to finally obtain RBD Palm Oil.

Methodology

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).

Assistance from Experts

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.

Client's Satisfaction

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.

Assured Quality

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.

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Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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