The economic use of palm trees is that their wood, leaves, and bark can be used to make utensils, handicrafts, or medicine, and they have a wide range of uses. Oil palm is a high-yielding woody oil crop in the world. It mainly produces palm oil. Palm edible oil can be refined into high-grade cream, chocolate candy, substitute for cocoa butter, ice cream oil, etc., and has a wide range of uses.
Different application values
Palm trees are important green seedlings and are mainly used for greening gardens, courtyards, streets and parks. Palm trees can also be used to make handicrafts or be used as medicine. Oil palm is used both for food and industry, especially in the food industry, so the main value of the oil palm tree lies in the processed oil.
Introduction to the production process of palm oil. In the palm orchard area, 138 palm trees can be planted per hectare, with an annual output of about 25 tons of palm fruits per hectare. Investment in orchards mainly involves land use. Generally, investment is MYR 20,000 per hectare in West Malaysia and MYR 20,000 per hectare in East Malaysia. The investment per hectare is MYR 5,000-5,000. Each picker can pick 60 bunches of palm fruits per day, and the salary is MYR 0.3. Palm seedlings are cultivated in the nursery and transplanted into the soil one year after germination. The fruit can be harvested in 2-3 years, and the fruit life is long. In 20-30 years, each tree can bear 12 bunches, each bunch weighing 30 kilograms. Each tree can pick fruits twice a year. Palm fruits cost 150 ringgit per ton and contain 30% oil.

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