Asian Palm Oil Production and European Vegetable Oil Market: What Can We Learn in Terms of Sustainability?

This paper examines the co-movement among major world vegetable oil prices (palm, soybean, rapeseed, and sunflower oil) by using wavelet-based analysis for a dataset ranging from January 2003 until March 2018. The wavelet approach is superior to the other techniques as it provides a flexible tool in investigating the changes in time and frequency domain simultaneously. The empirical result shows that the strong comovement among vegetable oils are driven by strong contagion and interdependence but incomplete vegetable oil market integration among major world vegetable oil. Interestingly, palm oil shows a lower degree of relationship with other edible oil in all scales after 2015. Meanwhile, more recent data shows that soybean and rapeseed oil have shown an increase in interdependence among each other. The study finds that multiple cross-correlations indicate that soybean oil is a potential leader of the vegetable oils market followed by palm oil primarily in the low scale period. This study on the time-frequency domain gives new insight for traders and investors in the vegetable oil market relating to the strategy for portfolio diversification and risk management.

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Sistem Pakar Mendeteksi Penyakit Tanaman Kelapa Sawit Menggunakan Metode Forward Chaining

Prosiding Seminar Nasional Riset Information Science (SENARIS) ◽

10.30645/senaris.v1i0.50 ◽

2019 ◽

Vol 1 ◽

pp. 444

Author(s):

Dimas Satria ◽

Poningsih Poningsih ◽

Widodo Saputra

Keyword(s):

Expert System ◽

Programming Languages ◽

Palm Oil ◽

Oil Palm ◽

Oil Production ◽

Plant Diseases ◽

Accurate Information ◽

Forward Chaining ◽

Web Programming ◽

Level Of Confidence

The purpose of this paper is to create an expert system to detect oil palm plant diseases in order to help farmers / companies in providing accurate information about the diseases of oil palm plants and how to overcome them and to help reduce the risk of decreasing palm oil production. This system is designed to mimic the expertise of an expert who is able to detect diseases that attack oil palm plants. The method used is forward chaining that is starting from a set of data and proving a fact by describing the level of confidence and uncertainty found in a hypothesis. The results of this study are to diagnose diseases of oil palm plants and their computerization using web programming languages.

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Vegetable oil as a highly effective 100% bio-based alternative solvent for the one-pot multicomponent Biginelli reaction

Green Chemistry ◽

10.1039/d1gc00872b ◽

2021 ◽

Author(s):

Pakin Noppawan ◽

Suwiwat Sangon ◽

Nontipa Supanchaiyamat ◽

Andrew J. Hunt

Keyword(s):

Vegetable Oil ◽

Palm Oil ◽

Biginelli Reaction ◽

Environmentally Friendly ◽

One Pot ◽

Highly Effective ◽

The One ◽

Biginelli Reactions

Multicomponent one-pot Biginelli reactions have been successfully performed using vegetable oil as bio-based, non-toxic, and environmentally friendly solvents. Palm oil was demonstrated to be a highly effective greener solvent as...

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Malaysian palm oil production falls, exports plunge in May 2018

Focus on Surfactants ◽

10.1016/j.fos.2018.08.006 ◽

2018 ◽

Vol 2018 (8) ◽

pp. 2

Keyword(s):

Palm Oil ◽

Oil Production

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The Design of Net Energy Balance Optimization Model for Crude Palm Oil Production

Communications in Computer and Information Science - Intelligence in the Era of Big Data ◽

10.1007/978-3-662-46742-8_7 ◽

2015 ◽

pp. 76-88

Author(s):

Jaizuluddin Mahmud ◽

Marimin ◽

Erliza Hambali ◽

Yandra Arkeman ◽

Agus R. Hoetman

Keyword(s):

Energy Balance ◽

Palm Oil ◽

Optimization Model ◽

Oil Production ◽

Net Energy ◽

Crude Palm Oil

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Effect Relationships on Sustainable Development of Palm Oil Production for Independent Smallholder Farmers toward Sustainable Certification System

Journal of Sustainable Development ◽

10.5539/jsd.v10n1p24 ◽

2017 ◽

Vol 10 (1) ◽

pp. 24

Author(s):

Nurliza Nurliza ◽

Eva Dolorosa

Keyword(s):

Sustainable Development ◽

Palm Oil ◽

Smallholder Farmers ◽

Oil Production ◽

Global Market ◽

Government Support ◽

Small Farmers ◽

Certification System ◽

Sustainable Products ◽

Sustainability Challenges

Palm oil is currently the most widely used vegetable oil in the world and its usage is also expected to double by 2020. However, there are some social and environmental impacts of palm oil plantation. Some complications resulted from the plantation may go as far as mass objections to the production of palm oil. On the contrary, demand for palm oil is still vast and constantly rising. In Indonesia, independent small farmers are the most important stakeholders since they are 43% of the whole Indonesian palm oil producers and have become the biggest spotlight of Indonesian palm oil development, including challenges and problems in which they will have to face to substantially increase their role in the global market as well as maintaining sustainability. Challenges today need to be engaged with innovation and inventions in a more productive and effective way. Enhancing independent small farmers will not only enlarge their contribution to sustainability practices, but also ensuring the sustainable products supplied to the market. Thus, supporting sustainable palm oil production is the way forward. Based on this current issue, this research identifies key point relationships (direct and indirect) on sustainable development factors which are based on Indonesian Sustainable Palm Oil Certification System (ISPO), these identified key points will be the primary target to be improved and government support in fostering the sustainability of palm oil industry will be profoundly necessary.

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