Moneycontrol
HomeNewsBusinessFrom spreads to shampoo, palm oil is part of everyday life
Trending Topics

From spreads to shampoo, palm oil is part of everyday life

Indonesia counts for more than half of the global supply of the edible oil, which is used in everything from cakes, chocolate, margarine and frying fats to cosmetics, soap, shampoo and cleaning products.

April 23, 2022 / 10:58 IST
Story continues below Advertisement
Representative image.

Indonesia's plan to ban palm oil exports will deal a blow to the world's top food and consumer products companies including Unilever, Procter & Gamble and Nestle.

Indonesia counts for more than half of the global supply of the edible oil, which is used in everything from cakes, chocolate, margarine and frying fats to cosmetics, soap, shampoo and cleaning products.

Story continues below Advertisement

It is also key to Ferrero Rocher chocolates and Nutella spread, giving them a smooth texture and longer shelf life.

Here is a summary of how much palm oil companies use, based on the most up-to-date data available: