Palm oil is one of the major feedstocks for the growing edible oils and biodiesel industries, driven by the demand for cleaner, renewable, degradable and sustainable sources of energy, and due to dwindling petroleum-based energy sources and the global warming crisis. Consequently, palm oil prices are rising on international markets, and are expected to continue doing so in the foreseeable future.
Palm oil is currently traded at a substantial discount in relation to other edible oils, increasing demand for it. Within the context of the energy market, palm oil benefits from the best profit margins of all biodiesel products.
PALM OIL
