Babassu oil. Its potentialities as a competitor of coco-nut oil

Abstract

The import duties on oils and fats imposed by the United States of America have recently directed attention to babassu oil which is exempt from duty and carries no processing tax. Were it available in sufficient quantities to the American soapers and other consumers of oils and fats, the likelihood exists that babassu oil might quickly displace coco-nut oil in as much as coco-nut oil as well as most important oils and fats, including tallow, are subject to an excise duty of 3 cents or more.