Currently, palm oil is the most widely consumed edible vegetable oil in the world. Almost all types of processed foods contain palm oil. Besides cosmetics, toothpaste, and chocolate, palm oil is used in bread, ice cream, animal feed, wax, and biofuels, too. Additionally, palm oil is rich and creamy in texture, making it a suitable alternative to butter when it comes to baking. Every year, people consume 8 kilograms of palm oil around the world. Despite the low price of palm oil as raw material, this oil is used so much. In today's video, we will explain why palm oil is so cheap compared to other vegetable oils.
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Video Sections:
00:00 - Introduction
01:19 - Overview
05:12 - Why so cheap
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Video Credit:
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