About Palm Kernel Oil (PKO)
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 colour 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 colour 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 colour 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.
Trade Process
Our trade process spreads across C&F and FOB depending on the buyer’s preference.
Here’s what they entail:
1). 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.
2). 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.
