Costs Components:

The various costs associated with the import of Palm oil into the UK are as follows,

Product cost : This includes the actual cost of purchasing the palm oil from suppliers in Malaysia or Indonesia. The price can vary depending on factors such as quality, volume, market conditions, and negotiation terms.

Cost of the Palm oil from the Supplier $-$ In $2019,$ The palm oil prices stood up at $409$ EUR$/$MT in Malaysia and $462$ EUR$/$MT in Indonesia, laying the groundwork for a period of volatility driven by various factors. These prices reflected a relatively stable period before significant fluctuations began to occur. $($Dingeldein$,2024).$

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Can you help me to create a cost comparison and a financial analysis for the import of palm oil and the profuction our oil in uk$?$