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Palm oil is a type of edible vegetable oil derived from the fruit of the oil palm tree. It is the most widely used oil in the world, accounting for over half of global vegetable oil production. It is a popular cooking oil in many parts of the world, and is also used in the production of margarine, shortening, and non-dairy creamers. Palm oil is also used in the production of soaps, detergents, and cosmetics.
Palm oil is a semi-solid at room temperature, and is composed of fatty acids, glycerides, and other components. It is high in saturated fats, and is considered to be a healthier alternative to other vegetable oils due to its high levels of antioxidants and vitamins.
Palm oil is produced in tropical regions, primarily in Southeast Asia, Africa, and Central and South America. It is a major export commodity for many countries, and is used in a variety of food products, including margarine, ice cream, and chocolate.
Some of the major companies in the palm oil market include Wilmar International, Cargill, IOI Group, Musim Mas, and Sime Darby. Show Less Read more