Palm Oil Prices Skyrocket in DRC, as Demand Outpaces
Palm Oil Prices Skyrocket in DRC, as Demand Outpaces Production Palm oil is a standard ingredient in Congolese kitchens, but it’s also commonly used to make soap. Now, demand is outpacing production and some families are getting priced out of the nutritional staple.
La production d’huile de palme en RDC est tombée de 224 000 tonnes en 1961 à 187 000 en 2011. Malgré cette baisse, la demande intérieure reste élevée. Une famille congolaise de cinq personnes consomme 100 grammes d’huile de palme par jour, estime Fews Net, le Réseau des systèmes d’alerte précoce contre la famine.
Palm oil prices may decline slightly at end-2024 as crop
KUALA LUMPUR (Oct 1): Palm oil prices may decline slightly towards the end of this year from the current strong level, said IOI Corp Bhd group managing director (MD) and chief executive Datuk Lee Yeow Chor.According to his statement in IOI Corp's Annual Report 2024, Lee explained that it is due to oil palm crop production likely increasing gradually from September to November this year while
Palm Oil Market Currently Growing at a CAGR of 4.3 Percent, Says Beroe Inc PR Newswire RALEIGH, North Carolina, Sept. 4, 2024 RALEIGH, North Carolina, Sept. 4, 2024 /PRNewswire/ -- The global
Palm Oil Market Size, Share Industry Analysis Report
The global palm oil market demand was estimated at 74.6 million tons in 2024 and is projected to register a volume-based CAGR of 2.3% from 2024 to 2027. Significant growth in demand for the product from end-use industries coupled with rising consumer awareness regarding positive health benefits of palm oil is expected to be the prime driver of
Note that palm plantations yield a tremendous amount of biomass, currently not used for the production of liquid biofuels. The 4 tonnes of oil that are expected from an average hectare of trees represents a fraction of the total stream of biomass residues fronds, trunks, fruit press cakes, fibers, empty fruit bunches, kernel shells and kernel meal, and palm oil mill effluent -, which
The Green Rush: The Global Race for Farmland and the
increased oil prices also led to a higher demand for agrofuel feedstock — particularly maize, soybean, and palm oil — creating a surge in the demand for grain and more competition for cropland
UN News produces daily news content in Arabic, Chinese, English, French, Kiswahili, Portuguese, Russian and Spanish, and weekly programmes in Hindi, Urdu and Bangla. Our multimedia service, through this new integrated single platform, updates throughout the day, in text, audio and video also making use of quality images and other media from across the UN system.
Roundtable on Sustainable Palm Oil
Our actions over the next year will focus on four complementary strategies:1) ENSURING SUSTAINABLE AND RELIABLE DEMAND FOR SUSTAINABLE PALM OIL IN KEY MARKETS>> CI will support corporate partners in their efforts to fulfill their commitments to purchase 100% certified sustainable palm oil. >> CI will provide support and technical advice to
This chapter considers the impact of the twin challenges of reduced crude oil sales revenue on Nigeria's economy and the Boko Haram insurgency threat in the northeast of the country. It assesses Nigeria's management record of profits during