 |

Section 1 : CPO Price Trend:
Global S&D and Price Outlook of CPO
|
 |
 |
By: Marketing And Market Development Division, MPOC
The Marketing & Market Development Division spearheads the promotion and marketing activities of Malaysia Palm Oil in the effort to make it the leading oil in the global oils and fats market. The aim is to create and establish a positive image for Malaysia Palm Oil in order to maximise returns to the Malaysian palm oil industry.
Market Expansion
This Division enhances the growth of the Malaysia Palm Oil market through new developments and the expansion of existing markets. To compete successfully, innovative approaches are developed. Various proactive programmes targeting trade and consumer markets are carried out to extend into new markets. In addition, new opportunities for investment, cooperation abroad and joint marketing are constantly being sought out to obtain a greater market foothold.
Seminars
Trade fairs and seminars such as Palm Oil Trade Fair and Seminars (POTS) showcase the products and services of palm oil producers and sellers, while broadening their business opportunities. At these events, business contacts and participants are updated with information and knowledge about the palm oil industry.
Market Networking
The development of a market intelligence network, market linkages and awareness programmes helps foster closer ties with industry-related bodies. These strategies help to educate and influence those who have a keen interest in Malaysia Palm Oil, i.e. policy makers, the trade community, consumers, scientists, medical professionals and researchers. 
VIEW PROFILE
|
|
This paper will analyse issues that will affect palm oil price in the second half of 2019 such as demand and supply analysis and we will also take into account the influence of the current rise in crude oil price on palm oil. Demand for palm oil from major consuming countries such as India, China, EU and USA are other factors taken into account. The regional analysis on the demand and supply scenarios will be aggregated at the global level to forecast the price, demand and supply balance in the second half of 2019.
|
 |
7,216 registered users
0 currently online
Members' Login |
|
 |
|
Section 1 : CPO Price Trend |
|
|
|
|
|
|
Archives |
 |
MITIGATING THE NEXT WAVE OF MARKET UNCERTAINTIES Nov 14, '22 ~ Nov 18, '22 |
|
 |
ASSESSING 2022: MANAGING OPPORTUNITIES AND RISKS Mar 28, '22 ~ Apr 01, '22 |
|
 |
Section 2: Opportunities for Palm Oil in Asian Market Oct 18, '21 ~ Oct 24, '21 |
|
 |
Section 1: Oils & Fats Supply, Demand and Outlook Oct 18, '21 ~ Oct 24, '21 |
|
 |
Section 1: Price Direction Apr 05, '21 ~ Apr 11, '21 |
|
 |
Section 2 : Special Focus on the US Apr 05, '21 ~ Apr 11, '21 |
|
 |
POINTERS ON THE PRICE TRENDS Jun 22, '20 ~ Jun 28, '20 |
|
 |
Section 1 : CPO Price Trend Feb 24, '20 ~ Mar 01, '20 |
|
 |
Section 2: Global Palm Oil Market Opportunities Feb 24, '20 ~ Mar 01, '20 |
|
 |
Section 2: Special Focus Aug 19, '19 ~ Aug 25, '19 |
|
 |
Section 1 : CPO Price Trend Aug 19, '19 ~ Aug 25, '19 |
|
 |
Special Focus - India Feb 25, '19 ~ Feb 24, '19 |
|
 |
Section 1: CPO Price Trend Feb 18, '19 ~ Feb 24, '19 |
|
 |
Section 2: Global Palm Oil Market Focus Aug 06, '18 ~ Aug 12, '18 |
|
 |
Section 1: CPO Price Trend Aug 06, '18 ~ Aug 12, '18 |
|
 |
Section 2 : Global Palm Oil Market Focus Jan 29, '18 ~ Feb 04, '18 |
|
 |
Section 1: CPO Price Trend Jan 29, '18 ~ Feb 04, '18 |
|
 |
Section 2: Regional Focus : CIS Countries Aug 21, '17 ~ Aug 27, '17 |
|
 |
Section 1: Palm Oil Price Fundamentals Aug 21, '17 ~ Aug 27, '17 |
|
 |
Section 2: Market Challenges and Opportunities Feb 20, '17 ~ Feb 26, '17 |
|
 |
Section 1: Price Directions Feb 20, '17 ~ Feb 26, '17 |
|
 |
Section 1 : Palm Oil Price Fundamentals Aug 22, '16 ~ Aug 28, '16 |
|
 |
Section 2 : Trade Issues and Market Prospects Aug 22, '16 ~ Aug 28, '16 |
|
 |
2016 Market Direction - Twists and Turns of Palm Oil Prices Feb 22, '16 ~ Feb 29, '16 |
|
 |
Second Half 2015 - Anticipating Market Price Direction Aug 17, '15 ~ Aug 23, '15 |
|
 |
Special Focus: Indian Sub-Continent Aug 17, '15 ~ Aug 23, '15 |
|
 |
Opportunities, Challenges And Trend In 2015 CPO Price Feb 23, '15 ~ Mar 01, '15 |
|
 |
2nd Half 2014: Market Challenges, Predictions And Directions Aug 25, '14 ~ Aug 31, '14 |
|
 |
Anticipating 2014 Palm Oil Price Direction Feb 17, '14 ~ Feb 24, '14 |
|
 |
Prospects For Second Half Of 2013 - Managing Price Fluctuations Jul 22, '13 ~ Jul 29, '13 |
|
 |
Mapping The Palm Oil Price - 2013 Market Perspective Feb 18, '13 ~ Feb 27, '13 |
|
 |
Palm Oil : Challenges, Opportunities And Latest Market Directions Aug 06, '12 ~ Aug 17, '12 |
|
 |
2012 Price Direction, Issues & Challenges Feb 13, '12 ~ Feb 20, '12 |
|
 |
Challenges, Opportunities And Latest Price Trend Aug 08, '11 ~ Aug 16, '11 |
|
 |
Challenges, Opportunities And Price Direction Feb 07, '11 ~ Feb 17, '11 |
|
 |
2010 Year End Prospects - What Lies Ahead? Aug 02, '10 ~ Aug 08, '10 |
|
|
|
 |
Dear Mr. Yong, For more information on Blockchain initiatives my MIGHT, please refer to the following link: https://www.might.org.my/blockchain/
4 years ago
Dear Mr. Teh, Thank you for your question. Theoretically, SUR should be negatively correlated to CPO price and as such when SUR is high, CPO price is low and when SUR is low CPO price is high. However, there will be situations when SUR and CPO price does not follow the correlation because of other factors in the market which influence the relationship. For example, in 2012, there was a shortage of soybeans from South America due to bad weather which limited supplies and in effect pushed oils and fats prices upwards. A similar movement of SUR occurred in 2016/2017 when SUR and prices moved in tandem and this was due to the higher growth rate of consumption compared to production. During this period, global oils and fats consumption also exceeded production. And it is this positive sentiment which drove CPO price higher in 2017 despite a higher SUR being recorded. In our forecast, we took into account factors apart from than the SUR to forecast the price.
4 years ago
Thank you for your question. CPKO is a lauric oil. Its price tracks both CPO and coconut oil price trends. We are expecting that CPKO price to trend upwards on expectation of rising CPO and CNO prices. We forecast that the price of CPKO for the second half of 2019 will be trending upward between RM2,700/MT to RM3,000/MT. As for CPKO ending stocks, we forecast that it will be between 150,000 MT to 160,000 MT.
4 years ago
As for palm oil in Malaysia, the Government through Malaysian Industry-Government Group for High Technology, (MIGHT) has identified palm oil industry to put produce and certifications on Blockchain, starting with palm oil. This will allow for a more sustainable supply chain, as sellers and consumers can track the source of palm oil and monitor the transactions. By using Blockchain it would give an added advantage to Malaysian palm oil to prove that it is truly sustainable. In addition, the Government bodies can also use the data to track the sources and regulate the industry for a more sustainable approach. We do not have any data on its adoption in Malaysian business but in USA it has been in use particularly, in the real estate industry and there are states who have amended their laws to recognize the legality of Blockchain based contracts.
4 years ago
Hi Izham; thank for your explanation; my further question: a) By implementation using Blockchain what is the Cost involved? Any incentive given by Government or MPOB for implementation? b) If the cost of implantation of Blockchain is higher and complicated; it won’t take off. c) Blockchain can be incorporated into MSPO but so far what we knew, new platform of System Pemantauan Sawit (SPS) {eg: SPS 2.0} will be developed. SPS 2.0 will be the traceability for MSPO. Please advise. d) On “Smart Contract” based on blockchain; currently using by some shippers to issue “shipping documents” eg: BL..etc. e) Thus; Blockchain it only good for monitoring and create efficiency on operation flows; it won’t increase or affect palm oil Demand 2019 as per slide mentioned. f) I think by using Drone ( with 5G and others tool of Industry 4.0, Big Data ..etc) to monitor plantation productivities will be more helpful& impact into palm oil industry.
4 years ago
Dear Mr. Yap, Blockchain is useful whereby it creates a digital footprint on every step. As you mentioned, it is good for monitoring and create efficiency on operation flows. If implemented widely, it would not only improve monitoring and efficiency of smart contracts for shippers, but for the whole industry supply chain itself, which is imperative to penetrate markets where sustainability is a pressing issue. This may be complemented by the upcoming 5G technologies where data can be collected more efficiently and can be traced throughout the supply chain. Thus, adopting blockchain may impact markets that are sustainability sensitive through increased transparency on traceability.
4 years ago
Dear Mr. Yap, Thank you for your question. Malaysia has a strong presence in China insofar as palm oil supply is concerned. From January to July 2019, Malaysian palm oil exports to China has exceed 1 million MT which is 13% higher compared to the same period last year. Among the major steps Malaysia has taken are signing of an MOU with China to buy an additional 1.9 million tonnes of the commodity, worth about RM4.56bil, from 2019 to 2023. China was represented by Cao Derong, president of the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-products while the Malaysian side was represented by Malaysian Palm Oil Council board member Datuk Dr Tan Yew Chong. In addition, the Malaysian palm oil industry through MPOC has a number of flagship programs to support Malaysian palm oil such as POTS, TEMPO, Technical Collaborations on Research and Market, Exhibitions and Social Media engagement through Wechat as part of our effort to reinforce Malaysian palm oil intake in China. We have also conducted regular meetings with major buyers of palm oil in China to address their concerns as a strategic move to ensure Malaysian palm oil foothold in China remain strong.
4 years ago
1. Population growth and increased income, especially in developing countries, will result in higher demand for oils and fats. The demand for oils and fats for energy use is segmented and is mainly in developed countries such as USA and Europe and other countries such as Malaysia, Indonesia, Brazil and Colombia. Although it may be possible that oils and fats use in energy may impact supply for food use, the consequence will be cushioned by higher production through more efficient land use and technology applications. 2. The energy market is very big and the oils and fats production is unlikely to be sufficient to totally replace fossil fuels. There is no competition between food/energy and the impact is limited as these markets are very segmented. The price outlook will remain positive as production will always rise to meet consumption.
4 years ago