Coconut Cooking Oil 1000 Ml (Pet)
Sunflower refined oil, corn oil, palm oil
Cooking oil like palm oil, olive oil
Cashew nut, palm oil and olive oil
Timber, lumber, bitter kola, ginger, palm oil
Sunflower oil, canola oil, palm oil, soybean oil, corn oil, used cooking oil, sugar, wheat, corn seeds
Flaxseed, sesame seed, pumpkin seeds, sunflower seeds, blue poppy seeds, buck wheat, chia seeds, wheat, barley, soybeans, sojacake
Ago automotive gas oil flashpoint 66
Ultra low sulfur diesel 50 ppm/ en590
Copper Cathode, Aluminum Ingot, Bonny Light Crude Oil (blco), En590 Diesel, Jet Fuel A1, Refined Icumsa 45, Raw Sugar 600/1200, Urea N46%, Dap Fertilizer, Npk Fertilizer, Yellow Corns Non Gmo , Wheat Flour, Rbd Palm Olein Cp10, Crude Palm Oil (cpo) , Sunflower Oil , Rapeseed Oil, Soybean Non Gmo, Whole Chicken , Chicken Paws, Beef, Wood Pellets En Plus A1 And Wheat Grain
Petroleum product like crude oil, engine oil, jet fuel, d2, d6, lubricants. diesel oil en590 10 ppm
Frankincense resin, herbal extract, essential oil/ phytochemicals/flavors, senna extract 10%,20%,40% ,60%, gymnema extract 25%, 50% ,75%, boswellia extract 65% , 80%, ashwagandha extract by uv 2.5% ,5%,10% and by hplc 1.5%,2.5%,5.%,10% .
coleus extract 10%, 20%, 40% & 95%
curcumin extract, 95% & nano curcumine 5% ,10% , bacopa monnieri extract by uv 20%,30%,50% by hplc 20% ,30% ,40%,50% by usp grade, safed musli extract saponine by gv 20% ,30%,40% & 50%, frankshine oil/ olibanum oil / boswellia oi 65%, 70% & 75% , neem oil, castor oil , kalonji oil etc , spirulina powder
Soybean, cashew nuts, sesame, shea nuts, pineapple, mango, natural juice, soft drink, ginger, bamboo, powdered detergent, fruit, watermelon
Agricultural and food commodities such as grains, pulses, beans, lentils, chickpeas, green peas and yellow peas, oil seeds & edible oils including sesame seeds, rapeseed, mustard seeds, and groundnuts, dairy products such as cream, cheese, and milk powders, animal feed raw materials, spices including cloves, coriander, and other food ingredients
Traditional hand crafted shea butter ( white and yellow), traditional african black soap, baobab seeds, fruit powder and oil, white and brown sesame seeds and oil, moringa seeds, leaf powder and oil, neem seeds, leaf powder and oil, soya beans and cold pressed oil, shea nuts
Herbs and spices such as, oregano, rosemary cut and whole leaves, thyme, sage, sumac, laurel ( bay ) leaves, basil, parsley, mint, red pepper crushed(hot and sweet), cictus, zahtar, spice condiments, licorice root, dried apples
Tapioca starch, coconut oil, fish meal, hatching eggs, broiler eggs, cobb 500 broiler, ross 308, brown table egg, table egg, egg, white table egg , coffee beans, canned tuna fish, yellow corn, corn starch, soybean , dried fish , cardamom , diapers, honey , natural honey , cocoa bean, a4 copy paper , copy paper , double a copy paper, sugar , flour , wheat flour , frozen chicken , chicken feet , chicken wings , used laptops
Palm oil is one of the most widely consumed vegetable oils. Sourced from the fruit of the palm tree, this oil is used in a number of edible and personal care products. In fact, its unique composition is responsible for its versatile applications (food, cosmetics, pharmaceuticals, and biofuels). Today we all are aware of its significance in the global trade market. But do you know that it was one of the most sought-after commodities during Britain's Industrial Revolution? It is because of their extensive use as an industrial lubricant for machinery. As global consumption keeps growing, palm oil buyers actively seek reliable suppliers who can provide bulk quantities at the best rate.
There are very few commodities that hold as much influence over the global economy as palm oil. This versatile oil has a critical role across multiple industries. Manufacturers prefer this edible oil because it produces a higher oil yield per hectare than other oil-producing crops, such as soybeans or sunflowers. In the year 2022-23, the palm oil market alone accounted for around 35.7% of the world's vegetable oil production. And it grew further as the demand for this commodity increased in nations like China and India.
The increasing demand for palm oil is driven by various factors. More than half of the packaged products that we see in supermarkets are made from palm oils. It is an essential ingredient in a range of products, from packaged foods and snacks to cosmetics. Furthermore, it is also a sustainable & renewable alternative to fossil fuels for biofuel production.
Palm oil is more affordable and economically viable as it offers a higher yield per hectare when compared to other vegetable oils like soybean oil. This commodity also has a major global economic impact as it supports the livelihoods of millions of people worldwide. Did you know palm oil is the top agricultural export of Indonesia and Malaysia? It makes up about 10% of Indonesia’s exports and 5% of Malaysia’s, generating lakhs of job opportunities in these regions (Source: European Parliamentary Research Service (EPRS).
Buyers source palm oil bulk in different forms based on their requirements and end-use. Here are the following types of palm oils popular in the international trade business:
In addition, exporters also trade associated by-products, such as palm kernel, palm kernel cake, palm nuts, etc. Moreover, you can also expand into related edible oils segments like Corn oil, Soybean oil, Sunflower oil, & Rapeseed oil, especially in price-sensitive markets. You can also explore other highly-demanded commodities such as Mustard oil, Coconut oil, and Olive oil in regional specialty categories.
In order to successfully carry out your export operations, it is important to make well-informed, strategic decisions. And staying updated with the latest market insights can be your way to go!
Global Market Size:
Source: IMARC
Top Importing Countries (2024) and their Average Price Range
Source: Seair Exim
To get the latest price updates on edible oils like palm oil or connect with fellow agri-traders, visit our Communities section.
Reaching out to the right buyers looking for palm oil can be really hectic, especially if you don't know where to start. Whether you want to connect with palm kernel oil buyers or you are searching for a buyer crude palm oil, here are the most effective methods that can be useful in your quest.
1. How can I find palm oil buyers?
Here are the most effective ways to find genuine & reliable palm oil importers or buyers globally:
2. Who are the major buyers of palm oil?
Here are the major palm oil buyers as per their ranking:
3. Who is the largest consumer of palm oil in the world?
Currently, India is the largest consumer of palm oil worldwide, followed by China and the EU.
4. What is the import duty on palm oil in India?
India has cut the basic import duty on crude palm oil from 20% to 10% to boost local refining. With additional charges, the total effective duty is around 16.5%. You can always check out DGFT notifications for updated rates.
5. What is the current price of palm oil?
Though the price may change depending on factors like grade, origin, and logistics, the average palm oil price per ton varies between $850–$1,100 per metric ton.
6. What is the palm oil HSN code?
1511 is the palm oil HSN code.
Click here to know more about Palm Oil Q&A.
