Malaysian Palm Oil Council Russia's Post

*Cooking Oil in Short Supply in Indonesia on Panic Buying: Gapki*
Wednesday, March 9, 2022 04:25 PM
By Anuradha Raghu

(Bloomberg) --Cooking oil is in short supply in Indonesia due to panic buying as households are purchasing more than they need, Togar Sitanggang, vice chairman of Indonesian Palm Oil Association (Gapki), said in pre-recorded speech at a conference.
* EARLIER: Indonesia announced new rule for palm oil exporters to allocate 30% of volumes to the domestic market, up from 20%; policy is aimed at ensuring affordable cooking oil for local consumers
* The 20% of CPO export commitments translates to 50k-120k tons a month, Sitanggang said; he didn’t provide figures for 30% allocation
* Govt hasn’t started discussion to lower biodiesel blending mandate
* B40 road test may be postponed to April-May or even later
* READ: Indonesia Sticks With Biodiesel Policy Even as Palm Oil Soars
* Vegetable oil prices will continue to climb, Sitanggang said
Indonesian crude palm oil prices seen at $1,750-$2,250 a ton in next six months on FOB basis; output seen up 2.45% y/y to 48.04m tons
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Malaysian Palm Oil Council Russia's Post

The Role Of Malaysian Palm Oil In Food Security for The Organisation Of Islamic Countries (OIC)
https://mpoc.org.my/the-role-of-malaysian-palm-oil-in-food-security-for-the-organisation-of-islamic-countries-oic/

With the advent of food technology and the rise in the demand for food, Malaysian palm oil has grown to become a strong component in the global value chain of food industries.Malaysian palm oil is globally used in the food industry as cooking oil, shortening, margarine, and confectionery fats. It can be found in various […]
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Malaysian Palm Oil Council Russia's Post

*Palm oil prices to fall sharply in second half of 2022 - analyst Mistry* - Reuters News
09-Mar-2022 04:15:00 PM

KUALA LUMPUR, March 9 (Reuters) - Prices of palm oil and other commodities may see a decline in the second half of the year as a possible stagflation and recession squeeze demand, leading analyst Dorab Mistry said on Wednesday.

Crude palm oil futures are likely to decline to 5,000 ringgit ($1,196) a tonne and eventually to 4,000 ringgit by September, Mistry, director of Indian consumer goods company Godrej International, said at an industry conference in Kuala Lumpur. Prices are currently just under 6,500 ringgit.

However, strong biodiesel production and demand will prevent vegetable oil prices from dropping too much, he added.

Mistry forecast Malaysia's 2022 palm oil production higher at 19 million tonnes, while Indonesia's output is seen rising by at least 2 million tonnes.

Surging energy and materials prices in the wake of Russia's invasion of Ukraine are stirring fears of stagflation, the combination of rising inflation and slowing economic growth.
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Malaysian Palm Oil Council Russia's Post

INDONESIA AND OPEC - SIMILARITIES AND DIFFERENCES
Dr James Fry
Dr James Fry
Chairman, LMC International Ltd

https://www.pocmalaysia.com/shared/pres/13/Q8P6E.pdf
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Malaysian Palm Oil Council Russia's Post

OIL WORLD PERSPECTIVE OF THE GLOBAL SUPPLY, DEMAND AND PRICE OUTLOOK
Mr Thomas Mielke
Mr Thomas Mielke
Executive Director, ISTA Mielke GmbH - Oil World

https://www.pocmalaysia.com/shared/pres/11/2548L.pdf
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Malaysian Palm Oil Council Russia's Post

Heard ITS 1-10 Mar exports @ 386,422 vs last month 318,078 (+68,344 or +21.49%)
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Malaysian Palm Oil Council Russia's Post

Focus on improving yields, palm oil players advised Amir Imran Husain
https://mpoc.org.my/focus-on-improving-yields-palm-oil-players-advised-amir-imran-husain/

PETALING JAYA: Palm oil players should focus on increasing yields and not hectarage as a way out of the unusual crude palm oil (CPO) supply crunch which has seen CPO futures contract hitting an all time high of RM8,163 per metric ton (pmt), according to Inter-Pacific Securities head of research Victor Wan. The previous month […]
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Malaysian Palm Oil Council Russia's Post

«Стоимость удобрений резко возрастет, что станет проблемой для фермеров, планирующих урожай следующего года. Мелкие землевладельцы могут перестать вносить так много удобрений при производстве пальмового масла», — Джеймс Фрай, LMC International
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Malaysian Palm Oil Council Russia's Post

Focus on improving yields, palm oil players advised Amir Imran Husain
https://mpoc.org.my/focus-on-improving-yields-palm-oil-players-advised-amir-imran-husain/

PETALING JAYA: Palm oil players should focus on increasing yields and not hectarage as a way out of the unusual crude palm oil (CPO) supply crunch which has seen CPO futures contract hitting an all time high of RM8,163 per metric ton (pmt), according to Inter-Pacific Securities head of research Victor Wan. The previous month […]
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Malaysian Palm Oil Council Russia's Post

Индия прекращает закупать подсолнечное масло из-за конфликта в Черноморском регионе — AgriNEWS
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Malaysian Palm Oil Council Russia's Post

Упоминания по поисковому запросу пальмовое масло, palm oil
12:59 Индия прекращает закупать подсолнечное масло из-за конфликта в Черноморском регионе — AgriNEWS ( 12000)
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Malaysian Palm Oil Council Russia's Post

*CIMB Poll Feb'22 vs Jan'22 MPOB:*
Prodn 1.17m vs 1.25m (-6.7%)
Impt 20k vs 71k
Expt 1.26m vs 1.16m (+8.6%)
LDsp 216k vs 228k
Stks 1.27m vs 1.55m (-18.3%)

Reuters Poll:
Prodn 1.19m vs 1.25m (-5.0%)
Impt 120k vs 71k
Expt 1.25m vs 1.16m (+8.0%)
LDsp 236k vs 228k
Stks 1.38m vs 1.55m (-11.4%)

Bloomberg Poll:
Prodn 1.19m vs 1.25m (-4.8%)
Impt 120k vs 71k
Expt 1.25m vs 1.16m (+7.8%)
LDsp 200k-350k vs 228k
Stks 1.35m vs 1.55m (-12.9%)
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Malaysian Palm Oil Council Russia's Post

Palm Oil Internet Seminar (POINTERS) 28 March – 1 April, 2022
https://mpoc.org.my/palm-oil-internet-seminar-pointers-28-march-1-april-2022/

Malaysian Palm Oil Council (MPOC) is pleased to announce the first edition of our Palm Oil Internet Seminar (POINTERS) for 2022 which will be held from 28 March until 1 April 2022. This POINTERS will feature presentations from industry experts including Wan Aishah Wan Hamid, MPOC; Datuk Dr Ahmad Parveez, MPOB; Dr Sathia Varqa, Palm […]
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