The prices of palm oil has been wavering in the last three years but with a favorable weather condition and fast maturing plantations, they are expected to show a recovery in the year 2019.
Palm oil is primarily a variant of vegetable oil that is derived from the mesocarp of the fruit of the oil palms. Being a saturated type, this oil provides several advantages that makes it one of the most preferred vegetable oils among consumers. Multiple studies have confirmed that palm oil has the power to reduce stress, boost brain health, fight heart diseases, improve skin health and increase Vitamin A in the body. Hence, palm oil undoubtedly enjoys a high position among health-conscious people around the globe. The countries situated in the tropical belt are the primary producers of palm oil. However, not all countries are able to produce it as the plantation of the same requires certain specifications regarding climate conditions. Malaysia and Indonesia are the two major producers of palm oil in the eastern part of the world. The production scores so high that both countries have the capacity to export to the other parts of the world.
