palm kernal oil refinery market in nepal

                                               
                                               
                                               
                                               
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  • How did the palm kernel oil market perform in July?
  • July saw the palm kernel oil (PKO) market remaining optimistic. One of the factors impacting Palm Kernel oil prices was the consistent rise in demand combined with low stocks. Furthermore, the market remained elevated due to increased production of raw materials like palm fruit kernel required for palm kernel oil, observed in recent months.
  • Why is the palm kernel oil market growing?
  • As there is high demand for cosmetic products in the market, the increase in usage of palm kernel oil is growing rapidly. Palm kernel oil is so reasonable in price, which creates a huge differentiation from other oil, thus an increase in usage of palm kernel oil is the common factor for driving the growth of the market.
  • How did the European palm kernel oil market perform in Q3 2023?
  • Palm Kernel Oil (PKO) prices in the European market during Q3 2023 mirrored those in the Asia Pacific region. July saw the palm kernel oil (PKO) market remaining optimistic. One of the factors impacting Palm Kernel oil prices was the consistent rise in demand combined with low stocks.
  • Why did palm kernel oil prices increase in Malaysia in November 2023?
  • Moving forward in November 2023, Palm Kernel Oil prices markedly increased in the Malaysian market, influenced by factors such as heightened consumption in the food industry, sustained high crude oil prices due to geopolitical risks, and fluctuating pricing dynamics of other edible oils.