Overview of palm oil:
1 is a tropical woody plant oil, which is the most produced, consumed and traded in the world. Together with soybean oil and rapeseed oil, it is also called "the three largest vegetable oils in the world" and has a history of more than 5,000 years.
2. Palm oil is squeezed from the palm fruit of oil palm tree. Palm oil and palm kernel oil are extracted from pulp and kernel respectively. Traditionally, palm oil only includes the former. Palm oil can be refined and separated to obtain products with different melting points, which are widely used in catering industry, food industry and oil industry respectively. As the main palm oil producing areas, Southeast Asia and Africa account for about 88% of the total palm oil production in the world. Indonesia, Malaysia and Nigeria are the top three producers in the world. At present, China has become the largest importer of palm oil in the world, and the annual consumption of palm oil is about 6 million tons, accounting for 20% of the total market.
3. Palm oil is also called palm oil and palm skin oil, and the oil extracted from the peel of oil palm fruit is non-drying oil. Oil palm fruit is native to the west coast of Africa, and it was widely planted in Southeast Asian countries in 1970s. By the 1980s, the area and output of oil palm in Southeast Asia had surpassed that of Africa, with Malaysia accounting for more than 50% of the world's output and Indonesia accounting for about 20%. In the 1920s, Hainan Island was introduced into China from Malaysia. Later, it was planted in Taiwan Province, Yunnan, Guangxi, Fujian, Guangdong and other provinces, but the output was not much. Since 1970s, palm oil production has grown fastest among all kinds of vegetable oils, and it has become the main edible oil in the world today, occupying an important position in the international vegetable oil market. Limited by natural conditions such as climate, China began to import a large amount of palm oil in the late 1980s, accounting for more than 15% of the world palm oil trade.
Oil palm is the most efficient oil-producing plant in the world. In Malaysia, at present, oil palm can produce about 5 tons of oil per hectare at most, and the oil yield per hectare of oil palm is five times higher than that of peanuts in the same area and nine times higher than that of soybeans. Oil palm in Malaysia has reached maturity on average, with an average annual output of 3.7 tons of crude palm oil per hectare.