Palm oil is a cheap oil that can be used for frying, baking, and in beauty products. It is high in saturated fat and its widespread use correlates with increased rates of obesity and diabetes. While some food companies are removing it from Western products, palm oil use is increasing in Asian and South American foods. Indonesia's recent palm oil export ban may disrupt global supply since it is the largest exporter, accounting for 56% of the world's palm oil.
Palm oil is a cheap oil that can be used for frying, baking, and in beauty products. It is high in saturated fat and its widespread use correlates with increased rates of obesity and diabetes. While some food companies are removing it from Western products, palm oil use is increasing in Asian and South American foods. Indonesia's recent palm oil export ban may disrupt global supply since it is the largest exporter, accounting for 56% of the world's palm oil.
Palm oil is a cheap oil that can be used for frying, baking, and in beauty products. It is high in saturated fat and its widespread use correlates with increased rates of obesity and diabetes. While some food companies are removing it from Western products, palm oil use is increasing in Asian and South American foods. Indonesia's recent palm oil export ban may disrupt global supply since it is the largest exporter, accounting for 56% of the world's palm oil.
Palm oil is a fat that is half-saturated and semi-solid at
room temperature.
It can fry like lard, bake like butter, melt like chocolate and whip like cream – at a fraction of the cost.
It can also extend the shelf-life of products like
industrially produced cake and bread. But its USP is that it has for a long time been significantly cheaper and hugely more productive than any other oil crop.
Palm oil first became cheaper than soybean oil – its
main rival – in 1974 when there was a poor soybean harvest in the US and Brazil, and has extended its advantage since then.
Soybean oil production has resulted in deforestation in
Brazil and the oil takes nearly ten times more land to produce, gram for gram.
Zuckerman reckons that half the products for sale
in US supermarkets contain palm oil in some form. Many of them are cleaning and laundry products or toiletries: anything from toothpaste to lipstick.
Palm oil doesn’t usually advertise its presence but tends
to appear in beauty products in the form of derivatives with such prefixes as palm-, stear-, laur- or glyc
The rise of diabetes and obesity in India and Mexico,
among other places, correlates with the huge increase of saturated palm oil in the diet, in the form of processed foods as well as in the cheapest cooking oils bought by people who can’t afford any other fat.
In countries like the US and the UK, where there is an
increasing awareness of the environmental and health impacts of palm oil, multinational food companies are removing it from many of their products, but they’re using more of it in Asia and South America.
The Cheetos sold in the US are fried in sunflower, corn
and canola oils, but the ones sold in India are fried in palm oil and contain more than five grams of saturated fat per serving.
For the first time since the 19th century, the flow of
palm oil around the world has slowed down. As Indonesia has banned the export of palm oil in the wake of Ukraine wars to control inflation.
But it is going to affect all other countries as Indonesia
is largest supplier of palm oil to the world i.e. 56%. It could help the 2nd largest global supplier Malaysia 31%. However, it isn’t clear that Malaysia will be able to capitalise, given that palm oil yields there were down 3 per cent in 2020-21 because of an acute labour shortage caused by the pandemic.
Link -https://www.lrb.co.uk/the-paper/v44/n12/bee-wilson/the- irreplaceable