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Founder of the platform, with more than 11 years of experience in marketing within the oils and fats industry.
Oil palm is the palm tree from whose fruits are extracted. Palm oil is the most produced and consumed oil in the world. There are a few countries that are unique in its production. They are:
Indonesia: about 58%
Malaysia: about 25%
Thailand: about 5%
The three countries control about 88% of world production and the rest are mostly small productions from African countries.
The answer is naturally no, as it needs a tropical climate throughout the year with the following factors:
However, there are always many attempts to simulate the tropical climate in an industrial way to produce it, but even if successful, will the cost still be cost-effective and competitive?
