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POINTERS 2014 MPOC
Palm Oil Internet Seminar
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Section 1 : CPO Price Trend:
Malaysia's Palm Oil Supply and Demand Updates for 2nd half 2019
Dr. Ahmad Parveez Bin Ghulam Kadir

Dr. Ahmad Parveez is currently Deputy Director General, R&D of Malaysian Palm Oil Board (MPOB) and performing duties as Director General. He was also appointed as Fellow of Academy Science Malaysia. Member of National Biosafety Board (2018 – 2023) and former Chairman of Genetic Modification Advisory Committee (GMAC, 2010 – 2018). He has 31 years of experience in Plant Molecular Biology, Genetic Engineering and Biosafety. He developed transgenic oil palm in 1997. His interest is in genetic modification of oil palm and biosafety of living modified organisms. He has obtained a number of awards both locally and internationally. He has 15 patents filed and six of them have been granted. He has authored and co-authored more than 80 papers in refereed journals and more than 250 conference papers.
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Mr. N. Balu

CAREER HISTORY:

• 33 years of experience in the palm oil industry – in the area of Market Intelligence/Research, Market Promotion & Market Development; Designing and Executing Counter-Trade / Offset Deals and Palm Oil Credit Payments Arrangement (POCPA) • Malaysian Trade Negotiator for Bilateral, Regional, Plurilateral and Multilateral FTAs & WTO Trade Negotiations (Focussing on Commodities) : Trade in Goods/Market Access, Rules of Origin and Trade Facilitation. • Former Newspaper Editor with the New Straits Times (in charge of Beriteks) • Former Economics Research Officer with the Consumer Association of Penang (CAP) • Chairman of Global Economics and Marketing Conference, PIPOC 2015 & 2017 • Chairman of Palm Oil Economic Review & Outlook Seminar, 2016 & 2017 • Chairman of Palm Industry Labour: Issues, Performance & Sustainability (PILIPS), 2016 • Chairman of Roundtable on Oils & Fats Global Situation, Palm Oil Familiarization Programme, POFP 2016 • Presenter of Seminar Papers at International Conferences


EDUCATION & PROFESSIONAL QUALIFICATIONS:

• Certificate in Middle Management, CBI, Rotterdam, Holland. • Bachelor of Social Science (Hons in Economics & Management), USM, Penang. • Graduate Diploma with Distinction (Business Studies), RMIT University, Melbourne, Australia. • Master in Business Management (International Marketing), RMIT University, Melbourne, Australia. • Certified Practising Marketer (CPM), AMI, Australia. • Fellow of the Australian Marketing Institute, Australia. • Management Representative (Services) and Lead Internal Auditor for ISO 9001:2008, MPOB


MEMBERSHIP:

• Malaysian National Shipping Council (MNSC Treasurer) • Committee Member for Commodities Customs Classification, Royal Malaysian Customs Department.


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The year 2018 has indeed been a challenging year for the Malaysian oil palm industry with lower palm oil production, exports and prices, but finishing with higher palm oil closing stocks. The first half of 2019, however, showed mixed performance of the Malaysian oil palm industry. CPO production, export demand and imports, all three of these increased as compared to the corresponding period of 2018. On the other hand, high carry-over stocks coupled with high production had pushed palm oil stocks higher in the first half of 2019. Weaker vegetable oils prices had affected CPO price thereby, affecting export revenue. This paper will provide an overview of the performance of the Malaysian oil palm industry for the first half of 2019 vis-à-vis the first half of 2018, covering oil palm planted area, productivity, exports, imports, stocks and the prices of oil palm products, as well as the expected development for the second half of 2019.


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Questions & Answers (8) :
YAP YAU KOONG
3 hours ago
It is heartening to note that 2019 recorded better OER compared to 2018. What are the possible contributing factors to the improved OER?
YAP YAU KOONG
3 hours ago
Our Minister of Primary Industry is doing a great job in promoting Palm Oil to Malaysia as well as to the world. With the mandatory implementation of MSPO, will our Malaysia palm oil fetch a premium in the international market?
MOHD RAFIZAN BIN SAMIAN
6 hours ago
Do you think the implementation of MSPO Certification to all planters has any effect to the increase of palm oil production in 2019 when compared to 2018?
MOHD RAFIZAN BIN SAMIAN
6 hours ago
Is there any explanation on the downtrend of palm oil import from Pakistan and Others (Slide No 11)?
Mohd Feroize
8 hours ago
US-Iran conflict in the straits of Hormuz since May has cause trade disruption in the Middle-East. Insurance premium paid for goods delivered to the area is high. How is the situation there now? Any updates. In terms of palm oil trade, which countries in the Middle East are affected significantly.
Yazid Mustafa
1 day ago
Why is Sarawak’s FFB productivity so low at 6.76 T/Ha compared to 9.19 T/H and 9.01 T/Ha for Peninsula and Sabah for 1st Half 2019?
Candy Lee
1 day ago
What is the projection for Malaysia palm oil export to India for 2018/2019?
Roby Fauzan
1 day ago
Are there any agronomic reasons why 2H 2019 production is less than 52% of total annual 2019 estimate?
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