Palm oil is the most traded oil in the world.
In 2011,
its exports reached almost 39.04 million tonnes of which Malaysia’s
share was 46%. It is interesting that the oil production in Malaysia
has increased from 4.1 million tonnes in 1985 to 18.9 million
tonnes in 2011.
The palm fruit is about the size of a small plum and is
borne in large bunches weighing between 10 kg - 50 kg. A bunch can
have up to 2000 fruits, each consisting of a hard kernel (seed)
within a shell which in turn is surrounded by a fleshy mesocarp. The
mesocarp is made up of about 49% oil and about 50% kernel.
Oil palm was first introduced to this country as an
ornamental plant in 1870. Since 1960, planted area had increased at a
rapid pace.
The Malaysian palm oil industry easily meets the local
oils and fats demand, and the excess can be exported.
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