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Cooking oil has a wide range of uses. They are important raw materials for cooking and producing processed foods, and are also used in personal care products such as soaps, perfumes and cosmetics. In addition, cooking oil is also used as a raw material for the production of biofuels.The major global cooking oil markets include coconut oil, cottonseed oil, olive oil, palm oil, palm kernel oil, peanut oil, rapeseed oil, soybean oil and sunflower oil. The supply of these cooking oils exceeds 200 million tons per year.