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TABLE OF CONTENT Malaysian Palm Oil Board
135 5.2 Malaysia Monthly Prices of Fresh Fruit
The oil palm industry has multiple untapped value adding opportunities that can be captured by: Closing the yield gap improving the oil extraction rate (OER) Improving crude palm oil (CPO)
- How much does palm oil cost in Congo?
- Akambo is one of them. Palm-oil prices are rising in markets across Kisangani, the capital of DRC’s northeastern Tshopo province and a major trading hub with a population of about 1 million. Akambo says she’s left with few options to feed her family. “I need to pay 800 Congolese francs (50 cents) for one bottle of palm oil,” she says.
- Is palm oil outpacing production in Congo?
- Palm oil is a standard ingredient in Congolese kitchens, but it’s also commonly used to make soap. Now, demand is outpacing production – and some families are getting priced out of the nutritional staple. Louise Menga has been selling palm oil in Kisangani’s central market for seven years.
- Why is palm oil production so low in DRC?
- But agricultural productivity among some small-scale farmers is low due to years of conflict and lack of government support. Palm-oil production in DRC fell from 224,000 metric tons in 1961 to 187,000 in 2011. Despite the decline, domestic demand is high.
- Which country produces the most palm oil?
- Plantations et Huileries du Congo - PHC is the largest producer of palm oil in the Democratic Republic of Congo. of the Congo. All PHC production is sold locally for Congolese consumption. Founded in the 1930s, Yaligimba is PHC's youngest plantation. Located about 60km from Bumba, Yaligimba contains about 8.000 hectares of planted oil palms.
- What is the palm oil industry like in DRC?
- According to the World Bank, more than 80 percent of DRC’s working population is employed in the agriculture sector. While some of the largest palm plantations in the country are owned by international companies, small-scale farmers are largely responsible for supplying the population with palm oil.
- Where is the largest palm plantation in Congo?
- Located about 120 km from Mbandaka, Boteka contains about 3.700 hectares of planted oil palms. Founded in the 1920s, Lokutu is PHC's largest plantation. Located about 250 km from Kisangani, Lokutu contains about 9.700 hectares of planted oil palms. PHC is the largest palm oil producer in the Democratic Republic of Congo.