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<br>Indonesia prepares to carry out B40 in January<br> |
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<br>In that case, rates might rally 10%-15% in Jan-March, Mielke says<br> |
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<br>B40 will require extra 3 mln heaps feedstock, GAPKI says<br> |
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<br>Malaysia palm [oil criteria](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) at greatest since mid-2022<br> |
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<br>India may withdraw import tax trek amid inflation, Mistry says<br> |
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<br>(Adds expert comments, updates Malaysia's palm oil [benchmark](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) rate)<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 in 2025 after an anticipated drop this year, but prices are expected to remain elevated due to [organized expansion](https://www.pinterest.com.au/missionnewenergy/) of the [nation's](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) required, market analysts said.<br> |
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<br>The palm oil [standard cost](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in Malaysia has actually risen more than 35% this year, lifted by slow output and Indonesia's plan to increase the [mandatory domestic](https://stocktwits.com/symbol/MNEL) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) mix to 40% in January from 35% now in an effort to lower fuel imports.<br> |
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<br>Palm oil output next year in leading manufacturer Indonesia is anticipated to [recover](https://forest500.org/rankings/companies/mission-newenergy-limited) by 1.5 million metric lots [compared](https://www.pinterest.com.au/missionnewenergy/) with an [estimated drop](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of simply over a million lots this year, Julian McGill, managing director at Glenauk Economics, informed the Indonesia Palm Oil Conference on Friday.<br> |
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<br>Thomas Mielke, head of Hamburg-based research study company Oil World, said he anticipates Indonesia's palm oil production to increase by as much as 2 million loads next year after a 2.5 million lot drop in 2024.<br> |
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<br>While Indonesia's output is forecast to improve, provide from somewhere else and of other veggie oils is seen [tightening](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) up.<br> |
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<br>Palm oil output in neighbouring Malaysia is to dip a little next year after increasing by an estimated 1 million lots 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 stated.<br> |
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<br>['FRIGHTENING'](https://www.businessnews.com.au/Company/Mission-NewEnergy) PRICE SURGE<br> |
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<br>The [rate rise](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in palm oil in the previous seven weeks has been "frightening" for purchasers, Mielke said, adding 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 stated additional feedstock of around 3 million lots will be required for B40 application, eroding export supply.<br> |
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<br>The current palm oil premium has already triggered palm to lose market [share versus](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) other oils, [Mielke included](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br> |
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<br>Malaysian palm oil prices are seen trading at around $950 to $1,050 per metric load in 2025, McGill of Glenauk estimated.<br> |
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<br>Benchmark [Malaysian palm](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil touched 5,104 ringgit ($1,165.30) on Friday, the greatest given that mid-2022.<br> |
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<br>"Sentiment today is red-hot and incredibly bullish, we have to take care," stated Dorab Mistry, director at [Indian customer](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) goods business [Godrej International](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br> |
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<br>He [anticipated](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) the Malaysian price 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>think about postponing<br> |
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<br>B40 execution on concern about its influence on food consumers.<br> |
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<br>Meanwhile, Mistry expected leading palm oil importer 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](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Munthe Writing by Fransiska Nangoy |
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