Home | Gallery | FAQs | Glossary


The Malaysian Palm Oil council is an organization set up in 1990 with the objective of making Malaysian Palm Oil the leading vegetable oil in the world. Our vision is to bring Malaysia to the forefront of the global oil and fats market and provide the world's consumers with healthy choices.

Palm was introduced to Malaya as an ornamental plant at the beginning of the 20th century, but only in 1917 was the first commercial planting made. What followed , dramatically shaped the Malaysian Palm Oil industry. Today Malaysia is the world's largest producer and exporter of palm oil.

 

 

Palm oil's unique composition makes it nutritionally rich and versatile in Its uses. It is employed in the manufacture of snacks and farsans, bakery shortening, vanaspati and also in industrial frying of packaged foods all over the world. It has a high content of natural antioxidants and is also very stable, hence making it suitable as a deep frying medium.

Palm oil is also a good starting material for the manufacture of non-edible products such as soaps, detergents and other surfactants.

 

India is the world's sixth largest economy and one of its fastest growing. With a consistent GDP growth in excess of 8 per cent and with booming manufacturing and foods sector there is growing demand for raw material. For example, we face a huge shortage of vegetable oils that will only increase in the years to come. The local demand for oil is rising at a spectacular pace with the advent of rapidly expanding manufacturing and food processing industries. To meet this challenge, India imports over 3 million tonnes of palm oil as well as equally large quantities of other vegetable oils, largely from the East Asian countries. Currently palm oil provides one-fourth of our edible oil requirements. It not only supplements traditional edible oils, it also has nutritional and health impacts which can revolutionize the traditional Indian diet. Palm oil can also be an effective and inexpensive option in thousands of non-food products such as soaps, cosmetics and more.



Indian diets contain enormous amounts of oil. So wouldn't it be wonderful if we find a cooking medium that's actually good for you and takes care of your health? Well there is, and its called Malaysian Palm Oil.
A member of the vegetable oil family, palm fruit oil is cholesterol free and it supplies our bodies with some basic daily energy needs.

As palm oil is solid at room temperature there is no need to use hydrogenation, a technique that hardens liquid oil but also produces damaging trans fatty acids and raises cholesterol levels in the process. It is a good replacement for partially hydrogenated oils for many reasons.

 


  • SEA wants import duty back on edible oil

    Solvent Extractors' Association (SEA) is seeking immediate imposition of import duty on edible oils in order to curb more defaults following continuous crash in prices. A team of industry members led Mr.Ashok Sethia, President of SEA is likely to have meeting with the government officials in a couple of days.

  • STC/MMTC tender for palm oil import

    State Trading Corporation of India (STC) is tendering to import as much as 12,000 MT of RBD Palm oil, which is due for delivery between October 10 and 20 at Mumbai port. Suppliers have until 11.30 am local time on October 8 to submit offers, according to the tender document. MMTC is also inviting offers for 24,000 MT of RBD palmolein, offers are to be submitted on 10th October for supply between 20 Oct -10 Nov.

  • More vegetable oil import defaults likely

    Indian vegetable oil traders are expected to renege on more import deals due to sharp drop in Malaysian prices, a plunge which could force the Union Government to reimpose an import tax on crude palm oil, trade officials said. Palm oil prices are trading at their lowest in more than 22 months and are around 60 per cent below record levels of 4,486 ringgit ($1,289) hit in March. On Monday, the benchmark December contract on the Bursa Malaysia Derivatives Exchange briefly dropped 200 ringgit to 1,800 RM, a level unseen since November 20, 2006. "Certainly there will be defaults," said Mr.Sethia, President of the Solvent Extractors' Association of India.




PALM OIL TRADE FAIR AND SEMINAR
GRAND METROPARK HOTEL, NANJING 16-17 OCTOBER 2008

 
Daily Palm Oil Prices

 

Email:
Subscribe Unsubscribe







Malaysian Palm Oil Council India, S-4, New Mahavir Building-grd. flr., Cumballa Hill Road,
Behind Shalimar Hotel, Kemps Corner, Mumbai - 400036.

Tel : 91-22-66550758/56/55. Email : support@mpoc.org.in
Website : http://www.mpoc.org.in

Copyright © 2007 Malaysian Palm Oil Council India

Disclaimer : Malaysian Palm Oil Council (MPOC) shall not be liable for any loss or damage caused by the usage of any information obtained from this site. Companies referred to in this website shall not be construed as agents nor as companies recommended by MPOC.

You are Visitor no.

  Web Designers Reternetics