Archive
2020
24 Feb - 01 Mar 2020
Section 1 : CPO Price Trend
24 Feb - 01 Mar 2020
Section 2: Global Palm Oil Market Opportunities
22 - 28 Jun 2020
POINTERS ON THE PRICE TRENDS
2019
2018
29 Jan - 04 Feb 2018
Section 1: CPO Price Trend
29 Jan - 04 Feb 2018
Section 2 : Global Palm Oil Market Focus
06 - 12 Aug 2018
Section 1: CPO Price Trend
06 - 12 Aug 2018
Section 2: Global Palm Oil Market Focus
2017
2016
22 - 29 Feb 2016
2016 Market Direction - Twists and Turns of Palm Oil Prices
22 - 28 Aug 2016
Section 1 : Palm Oil Price Fundamentals
22 - 28 Aug 2016
Section 2 : Trade Issues and Market Prospects
2015
2014
2013
2012
2011
2010
Login
Error
Username
Password
Forgot Password?
Reset Password
Error
Username / Email
Register
Error
Name *
Username / Email *
- Please insert a valid email as your username.
Password *
Confirm Password *
Company
Country
* Required
POINTERS
ORGANIZED BY:
Section 1: CPO Price Trend:
Upcoming La Niña Will Lead to Higher CPO Price?
Mr. Ling Ah Hong

Mr. Ling graduated from the University of Malaya with a Bachelor of Agricultural Science (Honors).

He has more than 40 years of experience in research and management of plantation crops and companies. He was a former Executive Director of IJM Plantations and his other past positions include: Research Officer with FELDA, Senior Agronomist in Dunlop Estates (now part of IOI Corporation), Plantation Controller of Perlis Plantations (now part of Wilmar International), Chief Operating Officer for Hap Seng Plantations. Mr. Ling has authored and co-authored numerous publications on oil palm and cocoa in Malaysia. He is also a frequent speaker at international conferences and seminars organized by Bursa Malaysia, GAPKI, MPOC, MPOB and investment banks.

He is currently the Director and Principal Consultant of Ganling Sdn Bhd, a Malaysian-based company focusing on plantation research, consulting and investments.

GANLING specializes in weather-based palm oil forecasting, benchmarking and productivity improvement programs and performance analysis of plantation companies. Ganling is a consultant to a number of listed oil palm companies and banks in Malaysia and South East Asia and also an associate to LMC International, London, in the publication of: Oil Palm Quarterly Report – Indonesia and Malaysia.

VIEW PROFILE
Weather is one of the key drivers in the production and supply of almost of all oilseeds and palm oil and a major catalyst for price movement. This paper examines the changes in climate driver (ENSO) and the re-emergence of a La Niña in late 2017 and its impact on palm oil supplies and prices.

The 2015-16 El Nino is one of the strongest events recorded in history since 1900 and has disrupted the normal rainfall patterns in South East Asia and caused widespread and severe droughts in Indonesia, Malaysia and Thailand (key palm oil producing countries which account for some 88% of the global palm oil supply). The historic droughts had stunted palm tree growth and crimped production in 2016 (-14%). The 2015 ‘super El Nino’ has led to a strong price rally in 2016 and 1Q 2017 (+66%).

Post El Nino we saw a remarkable recovery in palm oil yield and production in both Malaysia and Indonesia (+13% to +20%). The strong supply recovery in 2017 upset the supply-demand balance and triggered a roller-coaster price decline from 3Q 2017. The latest ENSO report indicated that the present neutral ENSO conditions may again develop into La Niña condition by end 2017 (70% chance).

The likely effects of this upcoming La Niña on rainfall patterns, palm oil yield and supply were analyzed (using the Ganling weather-based forecasting model).

How would the upcoming La Niña event affect palm oil and oilseed production in 2018? What is the likely impact of the La Niña on palm and vegetable oil prices? Will this La Niña provide a catalyst for upward price movement in the vegetable oil complex or for prices to head south?
REGISTER OR LOGIN TO VIEW FULL REPORT
REGISTER OR LOGIN TO VIEW PRESENTATION SLIDES
Questions & Answers
Please login to post comments.
5,574 active users
0 currently online
Bursa Ad
Member's Login
Error
Username
Password
Forgot Password?