palm oil presentation-tomco energy in United States

TomCo Energy PLC Palm Oil Project in Sierra Leone

  • palm oil presentation-tomco energy in United States
  • palm oil presentation-tomco energy in United States
  • palm oil presentation-tomco energy in United States
  • palm oil presentation-tomco energy in United States

Global Market Report: Palm Oil Prices and Sustainability

How the palm oil industry is transitioning to net

The environmental impacts of palm oil

Palm Oil Our World in Data

  • How big is the palm oil industry in 2021?
  • The palm oil sector grew to a market value exceeding USD 50 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of at least 4%, reaching USD 65 billion by 2027 (Research and Markets, 2022). More than 7 million smallholders globally cultivate oil palm as their main form of livelihood (RSPO, 2022b).
  • Could palm oil meet global demand for vegetable oil?
  • Palm oil is often associated with deforestation. But if produced sustainably, it could meet the global demand for vegetable oil. Palm oil is often associated with deforestation and greenhouse gas emissions, but with global demand for vegetable oil growing, it could be a sustainable solution.
  • Which palm oil producers are promoting sustainable production & transitioning to net-zero emissions?
  • To address these concerns, the leading palm oil producers, Indonesia and Malaysia, are actively promoting sustainable palm oil production and transitioning to net-zero emissions. Among other oil crops, such as soybean, rapeseed, and sunflower, palm has the most sustainable standards.
  • How do palm oil prices intersect with sustainability?
  • Therefore, examining how palm oil prices intersect with the sector’s sustainability is paramount. As with other commodity markets, palm oil prices are largely correlated with shifts in supply and demand and with price movements of competing products, such as other vegetable oils (e.g., sunflower and soybean oil) or biodiesel.

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