Betting on Palm Oil - World Bank
ASSAHOUN, November 19, 2013 - In Togo, the oil palm tree is of special importance and the products derived from it, notably, palm oil (extracted from the pulp) and palm kernel oil (extracted from the kernel), are highly valued. Production of these oils has always been the responsibility of women, but the traditional methods used made the work
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The other oil price: the problem with palm oil | Global Counsel
The price of palm oil tumbled to a 6 year low in August, dragging with it shares in major palm oil producers and traders including Wilmar, Olam and Golden Agri Resources. Some analysts argue that palm oil is merely going through a standard commodity cycle, with a temporary glut causing a short-term fall in the price.
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At present, Thailand's natural rubber and palm oil production, exports are ranked first in the world. The Philippines is the world's largest producer of coconuts and exporter of coconut oil, followed by Indonesia, Malaysia, Papua New Guinea and guinea. Coconut oil is extracted from the dried coconut.
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West Africa known as the Palm Oil Continent of the region has attracted investments from many multi billion dollar companies for the development of oil palm plantations in the past 2-3 years. "Olam to Spend $250 Million on Gabon Palm-Oil Pr