Elaeis Egypt. "Elaeis guineensis" is now extensively cultivated in tropical countries outside Africa, particularly Malaysia and Indonesia which together produce most of the world supply. Palm oil plantations are under increasing scrutiny for social and environmental harm, particularly because rainforests with high biodiversity are destroyed, greenhouse gas output is increased, and because people are displaced by unscrupulous palm-oil enterprises and traditional livelihoods are negatively impacted. Especially in Indonesia, there is also growing pressure for palm oil producers to prove that they are not harming rare animals in the cultivation process. Elaeis Elaeis () is a genus of palms containing two species,
Commodity market Commodity market A commodity market is a market that trades in primary economic sector rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple