The trade in palm oil and its derivatives has a significant impact on the global economy. Major palm oil producing countries, such as Indonesia and Malaysia, play a key role in global supply. Exports of CPO and its derivatives contribute a large portion of export earnings to these countries.
However, the trade in palm oil is also controversial. There needs to be efforts to ensure that the production of palm oil is sustainable and environmentally friendly. Deforestation practices, land conversion, and social issues such as migrant workers and human rights are often issues in the industry. Organizations and certifications such as the Roundtable on Sustainable Palm Oil (RSPO) work to increase sustainability and protect the environment and workers' rights.
So it can be concluded that CPO products have an important role in the food industry, cosmetics, biofuels, and the industry as a whole. The high demand for CPO makes it a high-value commodity in the world's palm oil trade. However, it is important to ensure that CPO production is carried out in a sustainable manner and takes into account environmental and social issues related to this industry. With the right steps, CPO can remain a valuable resource without compromising the environment and society.