Get the latest insights on price movement and trend analysis of RBD Palm Olein in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Prices of palm oil, a common fat in the food processing and bread industries, have nearly equaled those of soyabean oil. Export restrictions enforced by Indonesia, the world's largest oil producer, and general commodity market volatility were blamed for the price surge, which is anticipated to last for some time.
RBD Palmolein, which is the form in which solvents and extractors import it from manufacturing countries, was priced at 1,42,00 INR/MT on March 1st, 2022.
RBD Palmolein is made by refining crude oil, of which Indonesia is the world's largest producer and India the world's major importer.
The Indonesian government stipulated that all exporters must sell 20% of their goods at heavily subsidised prices within the country before exporting the remaining 80%. This had caused a supply delay, and the additional expense was primarily due to this.
Procurement Resource provides latest prices of RBD Palm Olein. 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 Olein (RBD- refined, bleached and deodourised) is the liquid fraction derived by the fractionation of palm oil after crystallisation at controlled temperatures. It is particularly suitable for frying and cooking. RBD Palm Olein is cholesterol-free that contains vitamin D and E.
|Product Name||RBD Palm Olein|
|Industrial Uses||Salad and cooking oils in households, Industrial frying, Potato chips, Doughnuts|
|Supplier Database||Wilmar International Ltd, Cargill, Incorporated, Bunge Limited, Archer Daniels Midland Company, IOI Corporation Bhd|
|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.
It is obtained from palm oil (Elaeis guineensis), after a process of refining, bleaching as well as deodourising, resulting in the formation of palm oil categorised as RBD.
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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