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Thailand's Department of Internal Trade (DIT) usually sets the price of crude palm oil and refined palm oil. Thai farmers have a relatively low yield compared to those in Malaysia and Indonesia. Thai palm oil crops yield 4–17 percent oil compared to around 20 percent in competing countries.
Palm oil block showing the lighter color that results from boiling. Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. [1] The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. [2]
From Wikipedia, the free encyclopedia. Redirect page. Redirect to: Agriculture in Thailand#Palm oil
Oil from Elaeis guineensis is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. [6] It is thought that Arab traders brought the oil palm to Egypt. [citation needed]
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Wat Arun. The Tai or Thai ethnic group migrated into mainland Southeast Asia over a period of centuries. The word Siam (Thai: สยาม RTGS: Sayam) may have originated from Pali (suvaṇṇabhūmi, "land of gold"), Sanskrit श्याम (śyāma, "dark"), or Mon ရာမည (rhmañña, "stranger"), with likely the same root as Shan and Ahom.
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Thailand is a net importer of oil and natural gas; however, the government is promoting ethanol to reduce imports of petroleum and the gasoline additive methyl tertiary butyl ether. In 2005 Thailand's daily oil consumption of 838,000 barrels per day (133,200 m 3 /d) exceeded its production of 306,000 barrels per day (48,700 m 3 /d).