Past Prices of Oils and Fats and Short Term Prospects for Palm Oil Price

The prices of oils and fats were generally bullish from 2001 to 2004. However, except for cottonseed oil, they turned bearish in 2005. Price recovery in some of them is expected in 2006, as indicated by their higher prices in the first three-quarters of the year. Prices of olein, stearin and soyabean oil are expected to increase while those of cottonseed oil, tallow, coconut oil and palm kernel oil are expected to decline. The prospects for these oils and fats, especially palm oil, will continue to strengthen in 2007 due to the El Nino effect, developments in the Indian market and the diversion of some production to biodiesel production, a new demand for palm oil.

Releated

Investigation Into The Performance of Emulsified Liquid Shortenings Containing Palm-Based Hard Stocks

In formulating products, food manufacturers are aware of the Food Regulations and customer attitudes toward trans fatty acids and saturated fatty acids. A particularly difficult problem for the margarine and shortening manufacturer is to supply functional fats to the baking industry and other food processors. Fats are partly or fully hydrogenated not only to develop […]

Interesterified Palm Products For Solid Fat Applications

Interesterification (IE) is a powerful tool for modifying the physical and chemical properties of oils and fats. IE involves redistribution and interchange of fatty acids (FAs) within and between the triaclglycerol (TAG) molecules, which make up all oils and fats. The result is a significantly changed TAG composition and onsequently altered melting and crystallization behaviours […]