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<br>Indonesia prepares to execute B40 in January<br> |
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<br>Because case, costs might rally 10%-15% in Jan-March, Mielke says<br> |
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<br>B40 will require additional 3 mln loads feedstock, GAPKI states<br> |
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<br>Malaysia palm oil criteria at greatest considering that mid-2022<br> |
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<br>India might withdraw import tax trek amid inflation, Mistry states<br> |
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<br>(Adds expert comments, updates Malaysia's palm oil standard price)<br> |
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<br>By Bernadette Christina<br> |
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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's palm oil output is forecast to [recuperate](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in 2025 after an this year, but rates are anticipated to stay elevated due to planned expansion of the nation's [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) mandate, market experts said.<br> |
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<br>The palm [oil benchmark](https://stocktwits.com/symbol/MNEL) cost in [Malaysia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) has risen more than 35% this year, raised by [slow output](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and Indonesia's plan to increase the [mandatory domestic](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) mix to 40% in January from 35% now in an effort to lower fuel imports.<br> |
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<br>[Palm oil](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) output next year in leading producer [Indonesia](https://pitchbook.com/profiles/company/51278-86) is [anticipated](https://www.bloomberg.com/profile/company/MNELF:US) to recover by 1.5 million metric heaps compared to an estimated drop of just over a million loads this year, Julian McGill, managing director at Glenauk Economics, told the Indonesia Palm Oil [Conference](https://pitchbook.com/profiles/company/51278-86) on Friday.<br> |
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<br>Thomas Mielke, head of Hamburg-based research study company 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 in 2024.<br> |
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<br>While [Indonesia's](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) output is anticipated to improve, provide from elsewhere and of other veggie oils is seen tightening.<br> |
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<br>[Palm oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) output in neighbouring Malaysia is expected to dip slightly next year after increasing by an approximated 1 million tons in 2024.<br> |
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<br>"We would need a healing in palm in 2025 because combined exports of soya, sunflower and rapeseed oils are declining," Mielke stated.<br> |
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<br>'FRIGHTENING' PRICE SURGE<br> |
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<br>The rate rise in palm oil in the previous seven weeks has been "frightening" for purchasers, Mielke said, including that it would rally by 10%-15% in January-March if Indonesia enforces the so-called B40 policy.<br> |
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<br>The [Indonesia Palm](https://www.google.com/search?kgmid=/m/0cqd_rb) Oil Association stated extra feedstock of around 3 million lots will be needed for B40 execution, eroding export supply.<br> |
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<br>The [existing palm](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil premium has actually already triggered palm to lose market share against other oils, Mielke included.<br> |
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<br>Malaysian palm oil prices are seen [trading](https://www.crunchbase.com/organization/mission-newenergy) at around $950 to $1,050 per metric ton in 2025, McGill of Glenauk approximated.<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 incredibly bullish, we need to beware," said Dorab Mistry, director at Indian durable goods business Godrej International.<br> |
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<br>He forecast the Malaysian rate around 5,000 [ringgit](https://forest500.org/rankings/companies/mission-newenergy-limited) and above till June 2025.<br> |
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<br>Mielke and Mistry prompted [Indonesia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to<br> |
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<br>consider postponing<br> |
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<br>B40 execution on concern about its effect on food consumers.<br> |
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<br>Meanwhile, [Mistry expected](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) top palm oil importer India to [withdraw](https://pitchbook.com/profiles/company/51278-86) 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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