Palm Oil and the World Fats and Oils Economy

1977 ◽  
Vol 17 (2) ◽  
pp. 17
Author(s):  
T. E. Elam ◽  
O. E. Uko
Keyword(s):  
Palm Oil ◽  
Fats And Oils ◽  
The World

scholarly journals A Study of the Adsorptive and Oxidative Bleaching of Palm Oil Using Clay and Potassium Tetraoxomanganate V11 Materials

2017 ◽  
Vol 9 (2) ◽  
pp. 67
Author(s):  
A. M. Ekwonu ◽  
E. O. Egolum
Keyword(s):  
Palm Oil ◽  
Potassium Salt ◽  
Fats And Oils ◽  
Oxidative Process ◽  
First Order ◽  
Bleaching Procedure ◽  
Alkanoic Acids ◽  
Life Values ◽  
Fuller’S Earth ◽  
Clay Materials

Fats and oils undergo hydrolysis reaction. They hydrolyse to yield propane-1,2,3 triol and the corresponding alkanoic acids if it is acid hydrolysis. Alkaline hydrolysis yields sodium or potassium salt of the alkanoic acid and propane-1,2,3-triol. A common approach for bleaching palm oil has been the use of clay materials, particularly the commercially available fuller’s earth. In this study, the suitability of chemical bleaching of palm oil using acidified (0.1M H2SO4) and non-acidified 1.0M KMnO4 was examined. This is compared to the adsorptive procedure using clay materials. Average bleaching absorbance values of 0.017+0.005 and 0.115+0.004 for acidified and non-acidified KMnO4 were respectively obtained from the oxidative bleaching procedure. Those for fuller’s earth and its blend with sodium sesquicarbonate (trona, a locally obtained clay) gave absorbance values of 0.121+0.011 and 0.186+0.006 respectively; while that for trona/activated carbon blend was 0.234+0.007. These are in comparison to 0.881 for the unbleached palm oil. Thus, a relatively better bleaching was achieved with the oxidative process. A first order rate reaction with respect to the bleaching agents was obtained for both procedures. Rate constants of 0.079+014 (acidified) and 0.055+0.020min-1 (non-acidified) at 800C were recorded for the oxidative bleaching. These are compared to 0.034+0.009 obtained for the clay mixture. Half-life values of 10min for acidified oxidative process, and 28min for adsorptive clay mixture method, were obtained. Efficiency of 98% was obtained for the acidified oxidative compared to approximately 70% for the clay blend. A significance, p< 0.05, between the absorbance values for the acidified oxidative and each of the adsorptive clay bleaching procedures was obtained.These observations indicate the potentials of oxidizing agents especially the acidified KMnO4 in the bleaching of palm oil, and therefore, suggest its usage industrially for this purpose.

The Impact of Nontariff Trade Policy of European Union Crude Palm Oil Import on Indonesia, Malaysia, and the Rest of the World Economy: An Analysis in GTAP Framework

2020 ◽  
Vol 9 (1) ◽  
pp. 39-52
Author(s):  
Rozy A. Pratama ◽  
Tri Widodo
Keyword(s):  
European Union ◽  
Palm Oil ◽  
Computable General Equilibrium ◽  
Negative Impact ◽  
Trade Policies ◽  
The European Union ◽  
The World ◽  
Trade Analysis ◽  
Global Trade Analysis Project ◽  
The Impact

Indonesia and Malaysia are the largest producers and exporters of palm oil in the world vegetable oil market. Palm oil and its derivative products are the highest contributors to foreign exchange in 2018. This study aims to analyze the impact of the European Union import non-tariff trade policies on the Indonesian and Malaysian economies The analysis uses the Computable General Equilibrium (CGE) model of world trade on the Global Trade Analysis Project (GTAP) program. The results of this study found that the non-tariff import policy by the European Union had a negative impact on the economies of Indonesia and Malaysia. Moreover, the policy also has a negative impact on countries in Southeast Asia and the European Union. This shows that the enactment of non-tariff import trade policies for Indonesian and Malaysian palm oil products has a global impact.

Planet palm: how palm oil ended up in everything—and endangered the world

2021 ◽  
Vol 97 (4) ◽  
pp. 1260-1262
Author(s):  
Danielle Mendes Thame Denny
Keyword(s):  
Palm Oil ◽  
The World

scholarly journals The Emergence of an Export Cluster: Traders and Palm Oil in Early Twentieth-Century Southeast Asia

2017 ◽  
Vol 19 (2) ◽  
pp. 272-308 ◽  
Author(s):  
VALERIA GIACOMIN
Keyword(s):  
Twentieth Century ◽  
Southeast Asia ◽  
Palm Oil ◽  
Current Literature ◽  
Institutional Environment ◽  
Business History ◽  
The World ◽  
History Of ◽  
International Trading ◽  
Cluster 2

Malaysia and Indonesia account for 90 percent of global exports of palm oil, forming one of the largest agricultural clusters in the world. This article uses archival sources to trace how this cluster emerged from the rubber business in the era of British and Dutch colonialism. Specifically, the rise of palm oil in this region was due to three interrelated factors: (1) the institutional environment of the existing rubber cluster; (2) an established community of foreign traders; and (3) a trading hub in Singapore that offered a multitude of advanced services. This analysis stresses the historical dimension of clusters, which has been neglected in the previous management and strategy works, by connecting cluster emergence to the business history of trading firms. The article also extends the current literature on cluster emergence by showing that the rise of this cluster occurred parallel, and intimately related, to the product specialization within international trading houses.

Does the World Price of Crude Palm Oil and Total of Production Determine Palm Oil Marketing Margins in Indonesia?

2020 ◽  
Vol 19 (3) ◽  
pp. 520-526
Author(s):  
Syahril Syahril ◽  
T. Zulham ◽  
Ishak Hasan ◽  
Jumadil Saputra ◽  
Helmi Noviar ◽  
...  
Keyword(s):  
Palm Oil ◽  
Crude Palm Oil ◽  
World Price ◽  
The World ◽  
Marketing Margins

scholarly journals Rendemen dan Komponen Minor Minyak Sawit Mentah Berdasarkan Tingkat Kematangan Buah pada Elevasi Tinggi

2018 ◽  
Vol 3 (1) ◽  
pp. 9
Author(s):  
Ika Ucha Pradifta Rangkuti
Keyword(s):  
Sea Level ◽  
Palm Oil ◽  
Minor Component ◽  
Beta Carotene ◽  
Oil Extraction ◽  
Extraction Rate ◽  
Crude Palm Oil ◽  
Palm Fruit ◽  
Randomized Design ◽  
The World

<p>The Indonesian government has a vision to become the world's best sustainable palm oil producer with the aim of producing 40 million tons of palm oil in 2020 for food and for energy. The country must produce must double in the next 10 years. This condition raises black campaign from various parts of the world. Palm oil is a destroyer of the earth, but on the other hand the potential for food security in the world plays a very big role, especially for edible oil and energy.. This study aimed to determined the oil extraction rate in crude palm oil and minor components (tocol content and beta-carotene) at altitudes of 650 meters above sea level and 850 meters above sea level. This study used a completely non-factorial randomized design with parameters of unriped, riped and over riped. The results showed that the maturity level of oil palm fruit affected the oil extraction rate, beta-carotene, tocol content (tocopherol and tocotrienol) of crude palm oil produced at altitude of 650 meters above sea level and 850 meters above sea level. Riped fruit has high oil extraction rate, and the minor component were measured by tocol content and beta-carotene contained in crude palm oil.</p>

scholarly journals PENURUNAN PAJAK EKSPOR DAN DAMPAKNYA TERHADAP EKSPOR MINYAK KELAPA SAWIT INDONESIA KE CINA (PENDEKATAN ERROR CORRECTION MODEL)

2018 ◽  
Vol 1 (3) ◽  
pp. 47-72
Author(s):  
Ernawati Munadi
Keyword(s):  
Error Correction ◽  
Palm Oil ◽  
Developing Economies ◽  
Error Correction Model ◽  
Oil Price ◽  
Export Demand ◽  
Correction Model ◽  
Export Duty ◽  
Long Run ◽  
The World

The palm oil Industry is an important sector in the Indonesian economiy as it is one of the country’s major export earners as well as food source for her population.Indonesia is the world second largest producer of palm oil after Malaysia, accounting for about 34% OF The  world production in the year 2006. Indonesia  is also the largest consumer of palm oil in the developing economies, in 2006. Indonesia consumed a total of 5.5 mn tonnes of palm oil. Of this amount 76.75% is comprised of  frying oil. About 55% of the production is exported in the form of crude palm oil mainly to Asian countries primarily to India and China and  Eruropean countries. Debate on Indonesia’s palm oil policy was stimulated by the sharp increase in cooking oil prices in 1994-1995 which resulted in the introduction of export tax rate on palm oil in order to maintain a certain level of domestic consumption.Using annual data for the period 1969-2006, an econometric  approach  mainly the error correction model. Was employed  in this study This paper examines the impacts of reduction in export duty onthe import demand of Indonesian palm oil to China. The findings indicate  that the  quantity of palm oil exported to China is significantly influenced by changes in the soybean oil price, world palm oil price, Industrial Production Index (IPI) exchange rate  and lagged of export demand of Indonesian palm oil to China by one year with the elasticity of 1,49, 1.47,0.24, 0.59, and 0.79, respectively. The coefficients for long run variables presented by the ECM are jointly not equal to zero.This result suggests that as a group, the long run variable (ECM) have influenced the changes in the export demand to China which is indicated by the significance of the coefficient. The simulation results suggest that the direct impact of reduction of export duty would increase the quantity exported to China. The Indonesia export to China from 95.36 thousand tones to 118,23 thousand tones.

scholarly journals ANALISIS PENGARUH HARGA CRUDE PALM OIL (CPO) DUNIA TERHADAP NILAI TUKAR RIIL RUPIAH

2014 ◽  
Vol 16 (4) ◽  
pp. 315-338
Author(s):  
Hilda Aprina
Keyword(s):  
Exchange Rate ◽  
Real Exchange Rate ◽  
Palm Oil ◽  
Simultaneous Equation ◽  
Equation Model ◽  
Simultaneous Equation Model ◽  
Crude Palm Oil ◽  
The Real ◽  
World Price ◽  
The World

Indonesia is a biggest producer of Crude Palm Oil (CPO) in the world. Production and export volumes continued to increase from year to year. CPO products have an important role in the Indonesian economy, one of them as the country’s largest foreign exchange earner in the plantation sector. Given that Indonesia has adopted a floating exchange rate regime since 1978, the export of commodities such as palm oil will have an important influence on the real exchange rate. Therefore, this study aimed to see how much the world price of CPO influence the development of the real exchange rate of rupiah. The analytical method used is a simultaneous equation model using time series data from 1984 to 2011. The results showed that the increase in CPO price will lead to real exchange rate rupiah appreciated. Therefore, Indonesia as a major producer of CPO should be able to control the world price of crude palm oil in order to control the stability of the real exchange rate of the rupiah. Keywords : world CPO price, simultaneous equation model, the real exchange rate of rupiah.JEL Classification: E2

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