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Present and future position of palm and palm kernel oils in world supply and trade
Author(s) -
Mielke S.
Publication year - 1985
Publication title -
journal of the american oil chemists' society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.512
H-Index - 117
eISSN - 1558-9331
pISSN - 0003-021X
DOI - 10.1007/bf02541377
Subject(s) - palm kernel oil , palm kernel , palm oil , palm , business , agricultural economics , position (finance) , agricultural science , environmental science , economics , physics , finance , quantum mechanics
The major production of palm oil has shifted from Nigeria to Malaysia following the program of encouragement instituted by the Malaysian government in the 1950's. Since then oil palm developments have risen dramatically to an estimated 6.6 million tons of palm and palm kernel oils in 1984. This is expected to expand to over 20 million tons in the year 2000. Before that time Indonesia will also become a major producer of palm oil. Palm and palm kernel oils are expected to become the major world fat and oil export, reaching 44% of world totals by 2000.