Palm sugar may contain several bioactive compounds like flavonoids and some phenolic compounds. It may also contain minerals and vitamin C. Palm sugar may act as antioxidant due to the presence of bioactive compounds like polyphenols and flavonoids.alm sugar contains several macronutrients and micronutrients like vitamins B1, B2, B3, B6, B12 and C, proteins and minerals that may aid wound healing of diabetic ulcers.