What is Palm Oil?
Palm oil is a type of edible vegetable oil that is derived from the palm fruit grown on the African oil palm tree. It is derived from mesocarp (reddish pulp) of the fruit of the oil palms, Palm oil has a natural red color because of its high beta-carotene content.
As of 2011, Nigeria was the third-largest producer, with approximately 2.3 million hectares (5.7×106 acres) under cultivation. The potential in this venture makes the palm oil business one of the largest income streams for the eastern part of Nigeria, and several other developing countries in the world.
Types of Palm Oil
1) Palm Kernel Oil: The source of palm kernel oil is the seed inside the palm fruit which is called the kernel because it has a lot of lauric acids and saturated fat. It is naturally white in color and solid when cool while becoming transparent and liquid as it is warmed. Palm kernel oil works well in food manufacturing because it is a stable cooking fat that is resistant to oxidation and rancidity
2) Fractionated Palm Oil: Due to the different melting points of different triglycerides which are found in palm oils, FCO can be easily separated by carefully heating the oil to a specific temperature. The fats can then be separated into liquid (olein, with 46 percent saturated fat) and also into solid (stearin, with 65 percent saturated fat), which can then be used for different purposes.
3) White Palm Oil: After palm oil is refined, it loses its color and its antioxidant properties. Like palm kernel oil. This type of palm oil is stable and has a clean mouth-feel, and is used extensively in food manufacturing.
We supply and export Palm Kernel Oil to local and international buyers in many countries around the world
Whether you want to purchase Palm Kernel Oil and have it shipped to any port around the world, our world-class team is built to help you close fast, safe, and profitable transactions on time, every time!
Our Palm Kernel Oil Trade Specifications are listed below:
Product Type: Palm Kernel OilPhysical Specification: Based On Buyer’s Specification
Quantity: Based On Buyer’s Specification
Price: Negotiable / Metric Tonne
Trade Process: Ex Works/FOB/CIF
Payment Method: 100% irrevocable SBLC or L/C at sight from a top 25 prime bank
Shipping Time: 15 days after confirmation of L/C
Loading Port: Lagos, Nigeria
Our trade process spreads across C&F and FOB depending on the buyer’s preference.
Here’s what they entail:
Cost and Freight (C&F): Here, the seller will handle everything from loading the vessel and shipping the product to wherever the buyer wants it delivered.
Freight On Board (FOB): Here, the seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination.