Among the 17 oils and fats in the world market, palm oil has made impressive and sustained growth in the past four decades. In 1999, palm oil, together with palm kernel oil accounted for 20.9% of the world’s production of oils and fats (Table 1and Figure 1). During the 20-year period from 1980 to 1999, annual palm oil production increased about 4.5 times from 4.54 million tonnes to 20.23 million tonnes compared with the 1.9 times growth in soybean oil production over the same period.