Crude glycerine, refined glycerine, soya acid oil, sunflower oil, canola oil, coconut acid oil, corn oil, jatropha oil, palm olein cp8, palm olein cp10, palm kernel fatty acid distillate, rapeseed oil, soybean oil, palm oil,tapioca, potato starch, milk powder, mozarella cheese, cheddar cheese, citric acid, phosporic acid, diammonium phosphate, urea.
Frozen chicken paws, frozen chicken mwj, chicken fillet, refined and crude sunflower oil, soft milling wheat, animal feed wheat, yellow corn, animal feed barley
Wood Handicraft Items, Edible Oil, African Leaves, And Spices
Resin In Myrrh, Frankincense, Peru Balsam, Oppoponax, Lutos In Abs / Resin, Siam Bezoin, Christian Annointing Oil, Spa Therapy Oil, Deffser, Natural Wax Based Aroma Candle Sand
Benzene, xylene, toluene, naphtha,, methanol, kerosene, gas oil, white spirit, furnace oil, fuel oil,, base oil (virgin & recycle), used engine oil, light diesel oil, crude oil,, burner oil, light cycle oil, aromatics, pygas, caustic soda flakes (naoh) >99.5 % (dry basis), caustic soda lye (naoh) 50%,, hydrochloric acid (hcl) 31 33 %, sodium hypochlorite (naocl) 15%, calcium chloride anhydrous granules (cacl2) 94 97%, linear alkyl benzene sulphonic acid
Rice, refined Sunflower Oil, Vegetable Oils; Refined And Crude Rapeseed Oil, Cereals , Fertilizers, Urea, Natural Gas , Any Petrol Product, Diesel Oil ; En 590; 10 Ppm ; Non Gmo Yellow Corn, Maize; Non Gmo Soybean ; Non Gmo Soybean Meal ; Gmo Yellow Corn ; Gmo Soybean ; Gmo Soybean Meal ; Sugar Icumsa45 . Half Pork Chilled Or Frozen Straight From Spanish Slaughterhouse, Nutella Hazelnut Cream
Tantalum,titanium/titanium ore, copper cathodes, copper ore, copper concentrate, coltan / tantalite, cobalt concentrate, iron ore, concentrated iron powder, manganese ore, tea, coffee beans, sunflower oil/vegetable oils, avocado, cashew nuts,bananas
Cooking Gas Stoves, Regulators & Burners Coke Diesel Lubricants Coconut Oil Other Edible Oils Gas Lighters Alcohol Based Hand Sanitizer Vegetable Oils Stainless Steel Scrap Palm Oil Aviation Supplies Urea Wheat Flour Sunflower Oil Bitumen, Asphalt White Rice Hand Sanitizer Soybean Oil Soybean LPG Cylinders Kerosene Oil Industrial Alcohol Used Oil Rapeseed Oil Crude Oil Sugar
Soft Drinks Like Coca Cola, Juice, Water, Foods Like Cereal, Oil, Chocolate.
Iron ore, soybean and soybean meal, corn crude oil and mineral oil, raw sugar and molasses, fresh refrigerated and frozen beef, soy bran and other animal feed and fertilizers, combustible oil, coffee,rice, poultry meat and edible offals, fresh refrigerated and frozen chicken cuts, beef bully sticks
Mars, drinks, twix drinks, skittles drinks, drinks, galaxy drinks, bounty drinks, maltesers drinks, m&m drinks, m&m peanuts drinks, starbucks drinks, starburst drinks, coca cola, fanta (21 flavours), red bull + other energy drinks, drink + play usa (a new invention by disney, kinder surprise) corona, heineken, becks, guinness, johnnie walker, grey goose vodka, remy martin &, oreo
Biscuits, Cookies, Cream Biscuits, Crackers, Corn Flakes, Confectionery, Shampoo, Oil, Cream, Candies, Lollipops, Eclairs, Toffees, Chocolates, , Rice, Sugar, Laminates
Nitrile Gloves, Face Mask, Antigen Test Kit, Sugar Ic45, Yellow Corn, Soybean, Sunflower Oil, Palm Oil.
Food ingredients, organic foods, agricultural commodities, fruit and vegetable based food ingredients including fruit pulp, puree, concentrate and frozen fruits and vegetables and agro commodities like spices, beans, pulses, grains, nuts and oil seeds
Pimento, allspice, pimenta dioica, malagueta, jamaican pepper, zielle angielkie
Agro products, soybeans, corn, sugar, wheat, edible plant oil, sunflower oil, corn oil, rapeseed oil, palm oil, urea, dap fertilizer, sulfur, argochemicals, D2, gasoil, petroleum, EN590, A1 jet fuel, LNG, petcoke, coal, steam coal, copper cathode, copper wire, copper ore, aluminum ingot, used rails
Chicken parts, white broken rice, cooking oil, palm oil soft kernel shell, refined white sugar, river sand, medical device such as mask glove and etc.
Ginger, Sesame Seed, Hibiscus Flower, Honey, Cocoa Beans, Cocoa Powder, Sorghum, Cashew Nut, Chilli Pepper, Kola Nut, Bitter Kola, Groundnut, Ogbono, Egusi, Smoked Fish, And Palm Oil Etc
Potassium amyl xanthate; xanthate; sodium formate; soduim format; sodium amyl xanthate; sodium isoamyl xanthate; potassium butyl xanthate; sodium butyl xanthate; sodium isobutyl xanthate; sodium isopropyl xanthate; sodium ethyl xanthate; dithiophosphate; aerofloat; isopropyl ethyl thionocarbamate; sodium diisoamyl dithiophosphate; methyl isobutyl carbinol; sodium sulphide; sodium hydrosulfide; copper sulphate; lead nitrate; sodium sulphate ahnhydrous
Potassium chloride (kcl), potassium sulphate(sop), bright yellow sulphur iraqi origin
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.
