Procurement Resource provides the latest prices of RBD Palm 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 a 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.
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 prices were 14,200 INR/MT on March 1st, 2022. It 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.
About RBD Palm Stearin:
RBD Palm stearin is the solid component of refined, bleached, deodorised palm oil obtained through controlled temperature partial crystallisation. Palm stearin is used to make polysaccharide-based coating alternatives, margarine, shortening, cocoa butter substitutes, lard substitutes, and emulsion products. Palm stearin enhances the physicochemical, functional, and sensory qualities of a wide variety of food products.
|Product Name||RBD Palm stearin|
|Industrial Uses||Coating substitution material, Margarine, Pig lard replacers, Cocoa butter replacers|
|Supplier Database||Bunge Ltd, Cargill Incorporated, Wilmar International Ltd, Fuji Oil Holdings Inc.|
|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|
RBD Palm Stearin is obtained via dry fractionation by heating the RBD palm oil, followed by homogenisation. Upon cooling, the solid crystallised mass is obtained which is filtered to separate RBD palm olein and RBD palm stearin.
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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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