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Section 1: CPO Price Trend:
Malaysia’s Palm Oil Supply and Demand for 2018
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Datuk Dr Ahmad Kushairi Din
Dr Ahmad Kushairi Din is the Director-General of the Malaysian Palm Oil Board (MPOB). He graduated with a B.Agric.Sc, two Msc and PhD in quantitative genetics. Dr. Kushairi specializes in oil palm breeding and genetics, where together with his team of breeders, bred 13 new varities, and prospected oil palm germplasm in Africa and South America.
He authored and co-authored 270 publications. He is well connected with the scientific community and the oil palm industry both locally and abroad. He sits as a Board of Directors in Ministries and companies, member of national committees, active in professional societies and President of The International Society for Oil Palm Breeders (ISOPB). Dr. Kushairi had served MPOB and the oil palm industry for nearly four decades since 1979. 
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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 2017 witnessed significant recovery of the Malaysian palm oil production from the 2015/2016 El-Nino phenomenon, which hit output severely in 2016. Crude palm oil (CPO) production in 2017 recorded a double-digit growth of 15.0%, stood at 19.92 million tonnes from 17.32 million tonnes in 2016. The increase was due to higher FFB processed, by 17.7% arising from higher productivity, which increased by 12.4% to 17.89 tonnes/hectare. In the global arena, firmer major competing oils prices and higher crude oil prices had contributed towards higher palm oil prices. The average CPO price in 2017 was higher by 4.9% to RM2,783 per tonne as compared to RM2,653 per tonne in 2016. The widened CPO price discount as against other major competing oils in 2017 as compared to the previous year had positively influenced exports to major markets. Total exports oil palm products amounted to 23.93 million tonnes, higher by 2.8% as against 23.29 million tonnes in 2016. Improved export demand coupled with firmer palm oil prices contributed to the higher palm oil export revenue in 2017 by 15.4% estimated at RM78 billion as against RM67.58 billion in 2016. Improvements in 2017 were also seen in oil palm planted area, production, exports, imports, albeit higher closing stocks. For 2018, Malaysian oil palm industry is expected to continue its momentum in 2017, particularly for palm oil production and exports. However palm oil prices are expected to decline in 2018.
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Section 1: CPO Price Trend |
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Archives |
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MITIGATING THE NEXT WAVE OF MARKET UNCERTAINTIES Nov 14, '22 ~ Nov 18, '22 |
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ASSESSING 2022: MANAGING OPPORTUNITIES AND RISKS Mar 28, '22 ~ Apr 01, '22 |
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Section 2: Opportunities for Palm Oil in Asian Market Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Oils & Fats Supply, Demand and Outlook Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Price Direction Apr 05, '21 ~ Apr 11, '21 |
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Section 2 : Special Focus on the US Apr 05, '21 ~ Apr 11, '21 |
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POINTERS ON THE PRICE TRENDS Jun 22, '20 ~ Jun 28, '20 |
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Section 1 : CPO Price Trend Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Global Palm Oil Market Opportunities Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Special Focus Aug 19, '19 ~ Aug 25, '19 |
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Section 1 : CPO Price Trend Aug 19, '19 ~ Aug 25, '19 |
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Special Focus - India Feb 25, '19 ~ Feb 24, '19 |
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Section 1: CPO Price Trend Feb 18, '19 ~ Feb 24, '19 |
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Section 2: Global Palm Oil Market Focus Aug 06, '18 ~ Aug 12, '18 |
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Section 1: CPO Price Trend Aug 06, '18 ~ Aug 12, '18 |
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Section 2 : Global Palm Oil Market Focus Jan 29, '18 ~ Feb 04, '18 |
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Section 1: CPO Price Trend Jan 29, '18 ~ Feb 04, '18 |
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Section 2: Regional Focus : CIS Countries Aug 21, '17 ~ Aug 27, '17 |
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Section 1: Palm Oil Price Fundamentals Aug 21, '17 ~ Aug 27, '17 |
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Section 2: Market Challenges and Opportunities Feb 20, '17 ~ Feb 26, '17 |
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Section 1: Price Directions Feb 20, '17 ~ Feb 26, '17 |
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Section 1 : Palm Oil Price Fundamentals Aug 22, '16 ~ Aug 28, '16 |
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Section 2 : Trade Issues and Market Prospects Aug 22, '16 ~ Aug 28, '16 |
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2016 Market Direction - Twists and Turns of Palm Oil Prices Feb 22, '16 ~ Feb 29, '16 |
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Second Half 2015 - Anticipating Market Price Direction Aug 17, '15 ~ Aug 23, '15 |
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Special Focus: Indian Sub-Continent Aug 17, '15 ~ Aug 23, '15 |
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Opportunities, Challenges And Trend In 2015 CPO Price Feb 23, '15 ~ Mar 01, '15 |
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2nd Half 2014: Market Challenges, Predictions And Directions Aug 25, '14 ~ Aug 31, '14 |
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Anticipating 2014 Palm Oil Price Direction Feb 17, '14 ~ Feb 24, '14 |
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Prospects For Second Half Of 2013 - Managing Price Fluctuations Jul 22, '13 ~ Jul 29, '13 |
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Mapping The Palm Oil Price - 2013 Market Perspective Feb 18, '13 ~ Feb 27, '13 |
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Palm Oil : Challenges, Opportunities And Latest Market Directions Aug 06, '12 ~ Aug 17, '12 |
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2012 Price Direction, Issues & Challenges Feb 13, '12 ~ Feb 20, '12 |
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Challenges, Opportunities And Latest Price Trend Aug 08, '11 ~ Aug 16, '11 |
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Challenges, Opportunities And Price Direction Feb 07, '11 ~ Feb 17, '11 |
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2010 Year End Prospects - What Lies Ahead? Aug 02, '10 ~ Aug 08, '10 |
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This is a policy matter and it will be decided at the Ministry level
6 years ago
This is a policy matter and it will be decided at the Ministry level
6 years ago
Intake of MPO by India is expected to be slightly higher in 2018 from 2017 as the Indian buyers is expected to take advantage of the zero export duty of CPO during the 3 months period. In addition, the rabi/winter oilseed (rapeseed) crop output is also expected to be lower due to the decline in acreage.
6 years ago
At mid-day stearin was offered at US$ 685, compared to olein at US$ 655 on FOB Malaysia basis
6 years ago
Yes, it is true. In 2017, Malaysian exported 1.51 million tonnes of RBD PO worldwide, up by 26.2% (313,915 tonnes) from 1.20 million tonnes in 2016. The increase in RBD PO export volume was due to higher demand especially from the EU which was up by 72,207 tonnes or 59.4% and to other countries such as South Korea (+31,907 tonnes or 27.5%), Vietnam (+30,427 tonnes or 36.6%), Iran (+26,372 tonnes or 30.7%), Philippines (+25,335 tonnes or 2 folds) and etc.
6 years ago
As indicated in the paper, the consumption figures are derived figures from Opening Stocks + Production + Imports - Exports - Closing Stocks. We do not have the actual consumption figures
6 years ago
At this point, we do not provide monthly production forecast of CPO & CPKO as well as price forecast to the industry.
6 years ago