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<br>Indonesia plans to carry out B40 in January<br> |
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<br>Because case, prices might rally 10%-15% in Jan-March, Mielke says<br> |
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<br>B40 will need additional 3 [mln heaps](https://stocktwits.com/symbol/MNEL) feedstock, GAPKI says<br> |
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<br>Malaysia palm oil benchmark at highest since mid-2022<br> |
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<br>India might withdraw import tax inflation, Mistry says<br> |
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<br>(Adds expert comments, [updates Malaysia's](https://www.bloomberg.com/profile/company/MNELF:US) palm oil criteria rate)<br> |
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<br>By [Bernadette](https://www.google.com/search?kgmid=/m/0cqd_rb) 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 [anticipated drop](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) this year, however costs are expected to remain elevated due to planned expansion of the country's [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) mandate, industry analysts stated.<br> |
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<br>The palm oil benchmark price in Malaysia has actually increased more than 35% this year, lifted by slow output and Indonesia's plan to increase the mandatory domestic [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) mix to 40% in January from 35% now in an effort to reduce fuel imports.<br> |
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<br>Palm oil output next year in leading producer Indonesia is anticipated to recuperate by 1.5 million metric loads compared with an estimated drop 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, stated he anticipates Indonesia's palm oil production to increase by as much as 2 million heaps next year after a 2.5 million lot drop in 2024.<br> |
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<br>While Indonesia's output is anticipated to improve, supply from somewhere else and of other veggie oils is seen [tightening](https://www.pinterest.com.au/missionnewenergy/) up.<br> |
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<br>[Palm oil](https://stocktwits.com/symbol/MNEL) output in neighbouring Malaysia is expected to dip slightly next year after increasing by an estimated 1 million tons in 2024.<br> |
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<br>"We would need a recovery in palm in 2025 since 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 surge](https://www.businessnews.com.au/Company/Mission-NewEnergy) in [palm oil](https://www.bloomberg.com/profile/company/MNELF:US) in the previous seven weeks has actually been "frightening" for buyers, Mielke stated, 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 Oil Association said extra [feedstock](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of around 3 million heaps will be required for B40 implementation, [eroding export](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) supply.<br> |
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<br>The present [palm oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [premium](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) has actually currently caused palm to lose market share versus other oils, Mielke added.<br> |
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<br>[Malaysian palm](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil rates are seen trading at around $950 to $1,050 per [metric heap](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 greatest because mid-2022.<br> |
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<br>"Sentiment right now is red-hot and very bullish, we have to beware," said Dorab Mistry, director at Indian durable goods business Godrej International.<br> |
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<br>He anticipated the Malaysian price around 5,000 [ringgit](https://www.pinterest.com.au/missionnewenergy/) and above up until June 2025.<br> |
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<br>Mielke and Mistry advised Indonesia to<br> |
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<br>consider postponing<br> |
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<br>B40 execution on concern about its influence on [food consumers](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>Meanwhile, Mistry anticipated top palm oil importer India to withdraw its<br> |
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<br>import task walking<br> |
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<br>[enforced](https://www.google.com/search?kgmid=/m/0cqd_rb) from September after elections in the state of [Maharashtra](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in November. ($1 = 4.3800 ringgit) (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy |
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