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<br>Indonesia prepares to execute B40 in January<br> |
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<br>In that case, prices might rally 10%-15% in Jan-March, Mielke says<br> |
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<br>B40 will need extra 3 mln loads feedstock, GAPKI says<br> |
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<br>Malaysia palm oil criteria at greatest since mid-2022<br> |
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<br>India might withdraw import tax trek amidst inflation, Mistry states<br> |
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<br>(Adds analyst comments, updates Malaysia's [palm oil](https://www.zoominfo.com/c/mission-newenergy/346542889) [criteria](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) rate)<br> |
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<br>By [Bernadette](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Christina<br> |
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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's palm oil output is anticipated to recuperate in 2025 after an expected drop this year, but prices are expected to stay elevated due to [scheduled growth](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of the nation's [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) required, market experts stated.<br> |
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<br>The palm oil benchmark rate in Malaysia has actually risen more than 35% this year, raised by sluggish output and [Indonesia's](https://forest500.org/rankings/companies/mission-newenergy-limited) plan to increase the obligatory domestic [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) blend to 40% in January from 35% now in an effort to minimize fuel imports.<br> |
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<br>[Palm oil](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) output next year in leading manufacturer [Indonesia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is anticipated to [recuperate](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by 1.5 million metric loads compared with a projected drop of just over a million loads this year, Julian McGill, [handling director](https://www.zoominfo.com/c/mission-newenergy/346542889) at [Glenauk](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) Economics, told the Indonesia Palm Oil Conference on Friday.<br> |
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<br>Thomas Mielke, head of Hamburg-based research study firm Oil World, stated he expects Indonesia's palm oil production to increase by as much as 2 million heaps next year after a 2.5 million ton drop in 2024.<br> |
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<br>While Indonesia's output is anticipated to enhance, provide from somewhere else and of other veggie oils is seen tightening.<br> |
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<br>Palm oil output in [neighbouring Malaysia](https://www.zoominfo.com/c/mission-newenergy/346542889) is [anticipated](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to dip somewhat next year after increasing by an approximated 1 million loads in 2024.<br> |
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<br>"We would require a recovery in palm in 2025 due to the fact that combined exports of soya, sunflower and rapeseed oils are decreasing," Mielke stated.<br> |
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<br>['FRIGHTENING'](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) PRICE SURGE<br> |
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<br>The [cost rise](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in [palm oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in the past seven weeks has actually been "frightening" for purchasers, Mielke stated, including that it would rally by 10%-15% in January-March if Indonesia implements the so-called B40 policy.<br> |
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<br>The Indonesia Palm Oil Association stated additional [feedstock](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of around 3 million loads will be needed for B40 execution, wearing down export supply.<br> |
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<br>The current palm oil premium has actually already caused palm to lose market share against other oils, Mielke included.<br> |
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<br>[Malaysian palm](https://www.bloomberg.com/profile/company/MNELF:US) oil costs are seen at around $950 to $1,050 per metric ton in 2025, McGill of Glenauk estimated.<br> |
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<br>Benchmark Malaysian palm oil touched 5,104 ringgit ($1,165.30) on Friday, the highest given that mid-2022.<br> |
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<br>"Sentiment today is red-hot and very bullish, we have to take care," said Dorab Mistry, director at Indian durable goods business Godrej International.<br> |
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<br>He forecast the Malaysian cost around 5,000 ringgit and above till June 2025.<br> |
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<br>Mielke and Mistry urged Indonesia to<br> |
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<br>think about delaying<br> |
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<br>B40 implementation on concern about its effect on food consumers.<br> |
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<br>Meanwhile, Mistry anticipated leading palm oil importer India to withdraw its<br> |
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<br>import duty hike<br> |
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<br>enforced from September after elections in the state of Maharashtra in November. ($1 = 4.3800 ringgit) (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy |
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