The Oil and Fats Industry in NicaraguaIn 2013 49 million kilos of oil and fats were sold abroad generating $78 million.Monday, May 5, 2014
The oil industry in Nicaragua consists of the companies Agroindustrial de Oleaginosas, Agrosa, E. Chamorro Industrial, S.A., Aceitera Corona and Aceitera El Real, and the four between them currently have 13,000 and 14,000 hectares under production. Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Rise in Palm Oil PriceApril 2016 In the last week the price of a metric ton of palm oil went from $560 to $710, due to increased demand for the product to be used as biofuel and the fall in production in Asia. Palm Oil Production Falls in AsiaMarch 2016 Drought in Southeast Asia is creating opportunities to export more palm oil to Europe, where the entry of the product is duty free because of the Association Agreement with Central America. Peanut Production in NicaraguaAugust 2013 During 2012 peanut sales abroad totaled $133 million, nearly four times the amount of 10 years ago. Palm Growers Forge Industry AllianceJanuary 2010 The Cooperative of Palm Growers of Chiriquí (Coopemapachi), from Panama, forged an alliance with "Fraccionadora de Occidente", from Nicaragua.
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