Here’s what we know about the rising price of palm oil:
available to us like oils from avocado, coconut, flaxseed, and cottonseed," she insists.
That said, you can still expect to pay more for some of your beauty products. "Demand for palm oil will increase prices for companies and that will be passed on to consumers," says King. And given that palm oil is so cheap, some items may become more expensive if brands seek out alternatives like to use instead. "A price hike would depend on the usage levels and the grade of coconut oil," says King. "But even if the cost is marginally more, it won't be prohibitively high," she adds.reconsider the origins of their palm oil. Some may join the likes of L'Oréal, Unilever, andRSPO's standards and are committed to achieving a deforestation-free supply chain.other viable alternatives to include on the ingredient list, say King and Robinson.
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