Cucumber, beet root, green chilli, bitter gourd, cabbage, carrot, caulie flower, cluster beans, bottle gourd, tomato, turnip, ginger, lemon, peas and potato
Cotton yarn, cotton and poly cotton fabrics, recycled yarn , grs certified , shoddy , wool waste , bed sheets , towels, kitchen towels, knitted bed sheets , jersey sheets, woven bedding, spinning waste, rice, sugar, cement, clinker, frozen chicken, frozen beef, edible oils, palm oil, wheat, soybean, corn , barley, bitumen, copper cathode, urea, aluminium ingot, sulfur, coal, ores, dap, petcoke, fertilizers, npk, base oil, petroleum products
Soybean, Corn, Sugar, Rice, Palm Oil, Sunflower, Rapeseed, Uco(used Cooking Oil), Chicken, Mutton, Beef / Veal, Seafood, Copper Cathode, Rails, Ship Breakage, Other Products, Bitumen, Diesel / Crude Oil / Jet Fuel / Mazut / Lpg, Iron, Steel Billets, Aluminum Ingots, Wheat Bran, Wheat Milling, Barley, Avocados, Tea, Coal, Lithium, Coffee, Tallow / Fats, Scrap, Electronics / Electrical Items, Pink Salt Himalayan, Seaweed / Sea Jelly/moss And Others
Honey, Avocados, Mangoes, Coffee, Cacao, Sesame Seeds, Cashew Nuts, Maize, Sugar, Sesame Oil, Avocado Oil, Pineapples, Strawberries, Coconuts, Passion Fruits, Potatoes, Tomatoes, Kales, Spinach, Ginger, Garlic, Dried Mangoes, Dried Pineapples, Dried Strawberries, Dried Coconuts, Dried Passion Fruits, Frankincense, Bitumen, Clinker, Gypsum Lump, Gypsum Powder, Salt, Port Logistics Safety Equipment , Mechanical Engines
Non woven materials (meltblown, household spunbond for agricultural organizations, medical spunbond ss), crackers, healthy chocolate and healthy snacks, black cumin oil, flax oil, cedar oil, sesame oil, amaranth seeds, salad oil, gelatin capsule oil.
Top Products, Soybean, Corn, Sugar, Rice, Palm Oil, Sunflower, Rapeseed, Uco(used Cooking Oil), Chicken, Mutton, Beef / Veal, Seafood, Copper Cathode, Rails, Ship Breakage, Other Products, Bitumen, Diesel / Crude Oil / Jet Fuel / Mazut / Lpg, Iron, Steel Billets, Aluminum Ingots, Wheat Bran, Wheat Milling, Barley, Avocados, Tea, Coal, Lithium, Coffee, Tallow / Fats, Scrap, Electronics / Electrical Items, Pink Salt Himalayan, Seaweed / Sea Jelly/moss And Others
Wheat, Barley, Rye, Oats, Maize Corn, Oils, Oilseeds, Linseed, Rapeseed, Camelina Seed, Sunflower Seed, Safflor Seed, Pulses, Yellow Peas, Chickpeas, Soybean, Mung Bean, Red Lentils, Green Lentils, Animal Feeds, Sfs Cake, Sfs Meal, Sugar Beet Pulp, Wheat Bran Pellets, Soybean Meal
Edibles, grains, organic products, coffee beans, spaghetti, wood pellets, sunflower oil, chicken feet, frozen pork, frozen ducks, frozen lamb fat tail tallow,fat fish meal , soybean meal, meat bone meat, tide downy, laundry detergent ,kitchen washing detergent
Alumina Clay, Bauxite, Bentonite, Barite, Copper Ore, China Clay/kaolin, Dolomite, Fire Clay, Fluorspar, Formic Acid 85%, Garnet, Gypsum, Limestone, Linear Alkyl Benzene Sulphonic Acid (labsa), Magnesite, Quartz, Salt, Talc/soapstone, And Sodium Lauryl Ether Sulphate (sles)
Foods products, palm oil, sugar, rice, eggs, wheat straw hay, frozen fish, red split lentils, chickpeas, green mung beans, yellow bulgur, yellow split, red onion, building material as: glass sheets, float sheets, aluminum sheets, aluminum profile, PVC profile, red brick, carbon steel sheets, carbon steel coil, carbon steel tubes.
Organic fresh fruits and vegetables, frozen fruits and vegetables
frozen shrimp/snails/fishes, oil extraction, lemongrass oil extraction
lemon oil extraction, piper betel leaf essential oil extraction
Charcoal & briquettes, furniture, fruit, spices, cocoa, coconut vegetable, rice bran, plastic, coffee, stone, wood, tea, fertilizer, nut, essential oil, tiles, edible oil, household cleaning products, seafood, chicken, flour & starch, sugar, textile fabric & raw material, fish, coal, knitted & woven garments, iron, palm kernel, snack, fish meal, meat, handicraft, herb, plant/plants & plant extracts, seaweed, honey, live birds & by products, rubber, cosmetics & beauty products, bottles, dried food
Soybean Meal, Canola Meal, Sunflower Meal, Rapeseed Meal, Palm Kernel Cake And Guar Meal
Healthcare Products: Massage,Dental,uv Disinfection,Ppe,Ventilators,Covid19 Related Products, Dried Food,ingredients,Edible Oils,Dairy Products,chilli,nuts,cashew,Herbs,Dried Fruit, Dried Vegetables,dried Fish,Tea,Sugar, Palm sugar,cane sugar incumsa 45 india sugar s30, salt,pink hymalayan salt,white rock salt,rice,1121 basmati rice,golden basmati rice,sella basmati rice,ir64 raw rice 5% broken,long grain white rice,jasmine rice,homali rice,sona masoori steam 2,maize rice,palm & cooking oil,crude palm oil,palm oil mill effluent,palm oil cp10,cp8,cp6,ground nut oil,fish oil,fish sauce,soybean oil,soy sauce,oyster sauce,sunflower oil, pulses,lentils,fuel diesel en590,10 ppm, jet a1,gasoline 93,95,aviation kerosene,d6 virgin fuel, urea 46,
technology & consumer eelectronics:
green industrial:
Sugar, wheat, soybean, dhal , shrimp, rice, yellow corn, palm oil, a4 white paper 70/80 gram, chicken & chicken parts, garments.
Sugar, wheat, soybean, dhal , shrimp, rice, yellow corn, palm oil, a4 white paper 70/80 gram, chicken & chicken parts, garments.
Dairy Products, Dried And Fresh Fruits, Nuts And Kernel, Pulses, Food And Beverage, Spices, Edible Oil, Fertilizers, Energy Firewood, Grains, ,Rice, Albus Seeds, Asafoetida , Angustifolius Seeds , Azuki Beans , Barley Malt, Barley Seeds, Brazilian Rice, Broad Beans, Canola Seeds, Cinnamon, Clove Pods, Coriander Seeds, Cottonseed Oil, Cumin Seeds, Dried Red Chilli, Dry Mango Powder, Dun Peas, Eston Green Lentils, Faba Beans, Fenugreek Seeds, Field Peas, Fennel Seeds , Fresh Butter, Fresh Mint Leaves, Laird Green Lentils, Lupinus Peas , Maize Grits , Mozzarella Cheese, Mung Beans, Mustard Seeds , Oat Flakes, Olive Oil, Fresh Lemon, Pakistani Rice, Palm Oil, Peanut Oil, Rape Seeds, Sesame Oil, Yellow Maize Seeds, White Sugar, White Pepper , Seeds, White Indian Rice, White Chickpeas, Vanaspati Ghee, Turmeric, Sunflower Seeds, Split Yellow Lentils Star Anise Seeds , Soybean Seeds , Shelled Peanuts, Fresh Garlic, Mango, Strawberry, Pomegranate, Fresh Mackerel Fish
Motherboards scraps, keyboards scrap, CD ROM scraps, hard disks scraps, monitors scraps, electronic boards scraps
Fresh and frozen vegetables like pineapples, grapes, oranges, cavendish bananas, pomegranates, apples, garlic, onions, potato, ginger
Fresh & frozen vegetables like fine beans, extra fine beans, baby carrots, baby spinach, baby leeks, pak choi, tenderstem broccoli & florets, garden peas, snow peas, sugar snaps, runner beans, edamame, fresh & frozen fruits like avocado : hass & furete, mangoes keit, apple, long, tommy, passion fruit, pineapple
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.
