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<br>[Indonesia plans](https://forest500.org/rankings/companies/mission-newenergy-limited) to [execute](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) B40 in January<br> |
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<br>In that case, prices might rally 10%-15% in Jan-March, Mielke says<br> |
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<br>B40 will 3 [mln loads](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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 highest given that mid-2022<br> |
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<br>India may [withdraw import](https://stocktwits.com/symbol/MNEL) [tax hike](https://stocktwits.com/symbol/MNEL) in the middle of inflation, Mistry says<br> |
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<br>(Adds expert comments, updates Malaysia's palm oil criteria 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 anticipated to recover in 2025 after an anticipated drop this year, but costs are anticipated to stay raised due to organized growth of the [nation's](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) required, market experts stated.<br> |
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<br>The palm oil [benchmark](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) cost in [Malaysia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) has actually increased more than 35% this year, lifted by sluggish output and Indonesia's strategy to increase the mandatory domestic [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) blend to 40% in January from 35% now in an effort to reduce fuel imports.<br> |
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<br>[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) output next year in top producer Indonesia is expected to recuperate by 1.5 million metric lots compared with a projected drop of just over a million loads this year, Julian McGill, managing director at Glenauk Economics, told the Indonesia Palm Oil Conference on Friday.<br> |
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<br>Thomas Mielke, head of Hamburg-based research company Oil World, stated he anticipates Indonesia's palm oil production to [increase](https://pitchbook.com/profiles/company/51278-86) by as much as 2 million heaps next year after a 2.5 million load drop in 2024.<br> |
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<br>While Indonesia's output is [forecast](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to improve, supply from in other places and of other vegetable oils is seen tightening.<br> |
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<br>Palm oil output in neighbouring Malaysia is anticipated to dip a little next year after increasing by an [estimated](https://forest500.org/rankings/companies/mission-newenergy-limited) 1 million loads in 2024.<br> |
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<br>"We would need a recovery 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 surge in palm oil in the previous seven weeks has been "frightening" for purchasers, Mielke stated, including that it would rally by 10%-15% in [January-March](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) if Indonesia implements the so-called B40 policy.<br> |
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<br>The Indonesia Palm Oil Association said [additional feedstock](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of around 3 million loads will be required for B40 application, eroding export supply.<br> |
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<br>The present palm oil premium has currently triggered palm to lose market share versus other oils, Mielke included.<br> |
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<br>Malaysian palm oil prices are seen trading at around $950 to $1,050 per [metric heap](https://stocktwits.com/symbol/MNEL) in 2025, McGill of Glenauk approximated.<br> |
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<br>[Benchmark Malaysian](https://forest500.org/rankings/companies/mission-newenergy-limited) palm oil touched 5,104 ringgit ($1,165.30) on Friday, the greatest considering that mid-2022.<br> |
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<br>"Sentiment today is red-hot and incredibly bullish, we need to take care," stated Dorab Mistry, director at Indian consumer products business Godrej International.<br> |
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<br>He forecast the Malaysian rate around 5,000 ringgit and above until June 2025.<br> |
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<br>Mielke and Mistry prompted Indonesia to<br> |
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<br>think about delaying<br> |
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<br>B40 [application](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) on issue about its effect on food customers.<br> |
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<br>Meanwhile, Mistry anticipated leading palm oil importer India to withdraw its<br> |
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<br>import duty walking<br> |
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<br>imposed from September after elections in the state of Maharashtra in November. ($1 = 4.3800 ringgit) ([Reporting](https://www.bloomberg.com/profile/company/MNELF:US) by Bernadette Christina Munthe Writing by Fransiska Nangoy |
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