Palm Oil Trade Fair and Seminar (POTS) 2020 Announcement
DAILY PALM OIL PRICES
PKC Market in the Middle East Palm Kernel Cake is the third largest component of palm oil products imported by the Middle East. It account for almost 10% of the total palm oil and palm products imports by the region. The volume represent about 9% of the total Malaysian PKC exported worldwide and it was valued at US$30 million (2020). Middle […]
China’s Growing Bakery Sector – Opportunities For Palm Based Fats China’s population stood at 1.4 billion in 2020. With the large population size demand for bakery products is huge. In 2020, China consumed close to USD50 billion worth of bakery products. There is potential for the consumption of bakery products to grow attributed to the country’s rising middle class and the ongoing Westernization of lifestyles […]
Bangladesh Food Industry – Continuous Growth and Growing Potential for Palm Oil Consumption Bangladesh has emerged as one of the economic powers in South Asia. According to October 2020 report by International Monetary Fund (IMF), the country has overtaken India in terms of per capita GDP scoring US$ 1,888. Just five years ago, India’s per capita GDP was around 40% higher than Bangladesh. Although the pandemic posed by […]