Soybean and Palm Oil Refining Business

Description:

Soybean and Palm Oil Refining Business. Refining of Crude Soya Bean and Palm Oil. Opportunities in Edible Oil Industry

Soybean oil is one of the most important edible oil used in India. Soybean oil in its crude form is the second most traded oil in international market after palm oil. Degummed (Crude) and Refined soy oils are the two traded forms of the commodity in the spot as well as futures markets.

Crude Degummed Soybean Oil is a product obtained when soybean are processed in the production of protein products and after lecithin extraction. It is important because of the high content of linoleic acid, an essential polyunsaturated fatty acid, as well as the other valuable minor ingredients such as phytosterols, tocopherols (antioxidants) and fat-soluble vitamins.

Extracted from soybean, soybean oil is extensively used for household cooking and in great demand from restaurants as well. This oil has an important role in the preparation of shortenings and margarine. A number of factors are driving the global soybean oil market; these include the emulsifying ability of the oil and its low-calorie content. Soybean oil has no trans-fat and negligible saturated fat, making it a preferred choice from among all other oils. The soybean market is anticipated to grow in the years to come owing to a rise in the demand for food, growing population, improvement in retailing network, rapid urbanization, and increasing soy crop yields.

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