Elaeis than oils made from canola, corn, linseed, soybeans, safflower, and sunflowers, it can withstand extreme deep-frying heat and resists oxidation. It contains no trans fat, and its use in food has increased as food-labelling laws have changed to specify trans fat content. Oil from "Elaeis guineensis" is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. It is thought that Arab traders brought the oil palm to
Indonesia Commodity and Derivatives Exchange facilitates services clients’ transactions overing ICDX products. Trading in ICDX will be settled, guarantee and cleared by Indonesia Clearing House (ICH). ICDX membership consists of traders, brokerage firms, and foreign traders (remote members). All members have an option as the Exchange clearing members. ICDX offers a wide range of commodity products which includes the three major groups of commodities: Metals, Soft Agricultural Products, and Energy. More products will be added to ICDX’s growing list of products in phases. Indonesia ICDX has launched: - Delivery - Non delivery ICDX Indonesia Commodity and Derivatives Exchange Indonesia Commodity and Derivatives Exchange (ICDX) ()