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Section 1 : CPO Price Trend
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2012 Price Direction, Issues & Challenges:
Policy Updates - What Will Be The Key Changes That Influence The Oils And Fats Market in 2012
Mr. Lim Teck Chaii & Mr. N. Balu
Mr. Lim Teck Chaii assumed the post of Market Analyst for MPOC since March, 2000. His responsibilities in MPOC includes delving deep into business issues and make use of the knowledge for the betterment of the organisation’s programmes. He has served as an analyst for Africa and Europe before being assigned to the Asia- Pacific Region in 2007. Prior to joining MPOC, he worked as an analyst for the Lembaga Tabung Angkatan Tentera, UMBC Securities and KAF Discounts Berhad. He holds a B. Econs. (Stats) and MBA ( Accounting ) from University of Malaya. He also has experience in presenting papers at international oils and fats conferences.
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Countries every year commission changes in policy. This is to address intrinsic pressure of a country to develop its economy, improve technologies, address environmental concerns and create sound investment and business conditions. Although most of these policies are aimed at improving the situation of the said country, it has positive and negative implications on trade and palm oil industry is not spared from the effects of those policy changes. This paper will share some of the latest policies that may encourage more palm oil buying or further impede palm oil trade in the world. There are five policies covered in this paper namely the Indonesian export duty structure, US Renewable Fuel Standard Program, Restriction of foreign investment in setting up vegetable oil processing plant in China from 30th January , 2012, EU Renewable Energy Directive and Malaysia Biodiesel Policy Implementation
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15 - 30 Nov 2020
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