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<br>Indonesia plans to [implement](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) B40 in January<br> |
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<br>Because case, prices might rally 10%-15% in Jan-March, Mielke states<br> |
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<br>B40 will need extra 3 mln tons feedstock, GAPKI states<br> |
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<br>Malaysia palm oil benchmark at highest considering that mid-2022<br> |
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<br>India might withdraw import tax [hike amid](https://www.zoominfo.com/c/mission-newenergy/346542889) inflation, Mistry says<br> |
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<br>(Adds analyst comments, [updates Malaysia's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [palm oil](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) [criteria](https://forest500.org/rankings/companies/mission-newenergy-limited) cost)<br> |
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<br>By [Bernadette](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Christina<br> |
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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's palm oil output is forecast to recover in 2025 after an expected drop this year, but costs are anticipated to stay elevated due to planned expansion of the country's [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) mandate, market experts said.<br> |
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<br>The palm oil standard rate in [Malaysia](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) has actually risen more than 35% this year, lifted by slow output and Indonesia's strategy to increase the necessary domestic [biodiesel](https://www.pinterest.com.au/missionnewenergy/) mix to 40% in January from 35% now in an effort to decrease fuel imports.<br> |
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<br>[Palm oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) output next year in top manufacturer Indonesia is expected to [recuperate](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) by 1.5 million metric lots compared with an estimated drop of just over a million tons this year, Julian McGill, managing director at Glenauk Economics, informed the [Indonesia Palm](https://www.google.com/search?kgmid=/m/0cqd_rb) Oil Conference on Friday.<br> |
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<br>Thomas Mielke, head of Hamburg-based research firm Oil World, said he expects Indonesia's palm oil production to increase by as much as 2 million lots next year after a 2.5 million [load drop](https://forest500.org/rankings/companies/mission-newenergy-limited) in 2024.<br> |
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<br>While Indonesia's output is forecast to enhance, provide from in other places and of other vegetable oils is seen tightening up.<br> |
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<br>[Palm oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) output in neighbouring Malaysia is anticipated to dip slightly next year after increasing by an estimated 1 million heaps in 2024.<br> |
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<br>"We would require a healing in palm in 2025 due to the fact that combined exports of soya, sunflower and rapeseed oils are decreasing," Mielke said.<br> |
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<br>'FRIGHTENING' PRICE SURGE<br> |
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<br>The price rise in palm oil in the previous 7 weeks has been "frightening" for buyers, Mielke said, including that it would rally by 10%-15% in January-March if Indonesia imposes the so-called B40 policy.<br> |
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<br>The Indonesia Palm [Oil Association](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) stated additional [feedstock](https://forest500.org/rankings/companies/mission-newenergy-limited) of around 3 million heaps will be needed for B40 implementation, deteriorating export supply.<br> |
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<br>The current palm oil premium has actually already [caused palm](https://www.zoominfo.com/c/mission-newenergy/346542889) to lose market share against other oils, Mielke added.<br> |
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<br>Malaysian palm oil prices are seen trading at around $950 to $1,050 per metric lot in 2025, McGill of Glenauk estimated.<br> |
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<br>Benchmark Malaysian palm oil touched 5,104 [ringgit](https://stocktwits.com/symbol/MNEL) ($1,165.30) on Friday, the greatest because mid-2022.<br> |
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<br>"Sentiment right now is red-hot and extremely bullish, we have to beware," said Dorab Mistry, director at Indian customer goods business Godrej International.<br> |
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<br>He forecast the [Malaysian rate](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) around 5,000 ringgit and above up until June 2025.<br> |
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<br>Mielke and Mistry urged Indonesia to<br> |
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<br>consider delaying<br> |
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<br>B40 [execution](https://www.bloomberg.com/profile/company/MNELF:US) on issue about its influence on food consumers.<br> |
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<br>Meanwhile, Mistry expected top palm oil India to withdraw its<br> |
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<br>import responsibility walking<br> |
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<br>imposed 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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