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15 - 30 Nov 2020
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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
15 - 30 Nov 2020
Test Volume
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
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POINTERS
ORGANIZED BY:
Section 1: CPO Price Trend:
Malaysia's Palm Oil Supply and Demand Updates for 2019
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 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. Crude palm oil (CPO) production in 2018 recorded a decline by 2.0% to 19.52 million tonnes as against 19.92 million tonnes recorded in 2017. The decline was due to lower FFB yield, down by 4.1% to 17.16 tonnes per hectare as compared to 17.89 tonnes per hectare achieved in 2017. In the global market, weaker soyabean oil prices had contributed towards lower palm oil prices. Crude palm oil price traded lower by 19.8% or RM550.50/tonne to RM2,232.50/tonne in 2018 as against in 2017. The large CPO price discount as against other major competing oils in 2018 as compared to the previous year had negatively influenced exports of palm oil, but positively influenced exports of downstream products. The strengthening of crude oil prices in particular had boosted exports of biodiesel and oleochemicals. All in all, total exports oil palm products in 2018 was higher by 3.5%, amounting to 24.82 million tonnes as compared to 23.97 million tonnes exported in 2017. However, the weaker palm oil prices had affected palm oil export revenue in 2018. Export revenue for 2018 is expected to reach RM67.74 billion, lower by 12.9% as against RM77.81 billion in 2017. In line with the decline in palm oil exports, closing stocks in December 2018 was higher by 0.48 million tonnes or 17.7% to 3.22 million tonnes vis-à-vis 2.73 million tonnes recorded in 2017. For the year 2019, Malaysian palm oil industry is forecast to perform better as CPO production is expected to recover driven primarily by favourable weather conditions as well as the expansion in oil palm matured area. Apart from that, palm oil prices in the world market is expected to be firmer in 2018 with palm oil demand expected to regain its momentum to generate higher export revenue for the Nation.
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15 - 30 Nov 2020
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