Palm Oil is the No I oil in the world. World production of edible oils and fats stood at 160 million tonnes for the year 2009. Palm oil and palm kernel oil are jointly the largest contributor, accounting for 48 million tonnes or 30% of the total output. Soyabean oil came in second with 37 million tonnes (23%). Malaysia contributed nearly 11% to the global oils and fats output through 17.7 million tonnes of palm oil. It also maintained dominance of the palm oil trade, holding 45% of the market share.
Ref: Global Oils and Fats 2009 Vol 6 Issue 1
For the latest production statistics and prices of Malaysian palm oil, kindly go to:
http://econ.mpob.gov.my/economy/EID_web.htm
You can also get daily prices via your mobile phone at SAWIT INFO-SMS.
http://161.142.157.2/databank/sms/smscorp.htm
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About Me
- PALM OIL FOR LIFE!
- I am neither a writer nor a thinker, but I do have thoughts and ideas to share with readers and bloggers alike. Working with the Malaysian Palm Oil Board(MPOB)for almost 25 years, I have developed a passion for this wonder oil that is feeding the whole world. Hence, upon retirement from government service in 2005, I have left behind a legacy (if I may use the term)as a tribute to the Golden Crop of Malaysia. With a devoted team supporting my idea, the Palm Information Centre was crystallized, integrating all the information-based service components of the Resource Library, Digital Archives, the Galeri, the PalmShoppe and the InfoCafe. As our beloved country Malaysia celebrates 3 decades of quality R and D since the establishment of MPOB 1979-2009, I open this humble blog to share and reminisce together the glorious performance of Malaysian Palm Oil - No 1 Oil in the world. Beginning 2007, I turned entrepreneur, hence my other blog http://www.tulengiftshop.blogspot.com Datin Mardhiah Md Zin, Head, Palm Information Centre, MPOB 1982-2005
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