Wrinkles

Why is palm oil so valuable?

Palm oil is an incredibly efficient crop, producing more oil per land area than any other equivalent vegetable oil crop. Globally, palm oil supplies 40% of the world's vegetable oil demand on just under 6% of the land used to produce all vegetable oils.

Why is palm oil so special?

Amazingly, palm oil can be found in a massive 40% to 50% of household products in Australia. It's used so extensively because of its numerous benefits: cheap production, long shelf life and its efficient to produce in terms of land use. … This has caused an enormous spike in demand for palm oil.

Why is palm oil such a valuable resource now?

Palm oil is a very productive crop. It offers a far greater yield at a lower cost of production than other vegetable oils. Global production of and demand for palm oil is increasing rapidly. … We aim to encourage increased demand for, and use of, goods produced using such practices.

Why is palm oil in high demand?

Palm oil demand continues to grow because it is the most versatile of all vegetable oils. This is because palm, palm kernel oil can be processed to form a wide range of products with different melting points, consistencies and characteristics.

Why should palm oil be banned?

What is the problem with palm oil? Palm oil has been and continues to be a major driver of deforestation of some of the world's most biodiverse forests, destroying the habitat of already endangered species like the Orangutan, pygmy elephant and Sumatran rhino.

Why is palm oil so bad for animal population?

Irresponsible expansion of oil palm plantations has negatively impacted many vulnerable and threatened species, including critically endangered orangutans, elephants and tigers. … Finally, the growth of the industry has threatened freshwater ecosystems and caused soil erosion and pollution, as well as air pollution.

Is palm oil really bad?

Is palm oil bad for you? Palm oil has a high saturated fat content, which can be harmful to cardiovascular health. However, one study found that, when consumed as part of a balanced diet, “Palm oil does not have incremental risk for cardiovascular disease.”

Which country is the largest producer of palm oil?

Indonesia Indonesia is the largest producer of palm oil, followed by Malaysia — both countries account for 84% of the worlds palm production.