FAQ

Palm oil is a red viscous oil extracted from the outer covering of the palm kernel fruit. It has its origin in West Africa and has been produced and consumed in the region for centuries. It didn’t become popular in Malaysia, Indonesia, and few other countries in the Far East until a couple a decade back.
Palm oil is in greatest demand in West Africa, where it is used in almost every home for cooking and few other purposes. But in spite of this, the region produces less than 5% of the palm oil produced worldwide. Indonesia and Malaysia are the world’s largest producers and exporters of the commodity.
And West Africa is one of their biggest export markets because countries in the region are not producing enough palm oil to meet the demands of their local markets.
Presently, the global palm oil market is worth hundreds of millions of dollars, and it only keeps growing. You can make a lot of money by tapping into this lucrative market. There are many opportunities in palm oil production for interested entrepreneurs.