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<br>[Indonesia prepares](https://stocktwits.com/symbol/MNEL) to carry out B40 in January<br>
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<br>In that case, costs may rally 10%-15% in Jan-March, Mielke states<br>
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<br>B40 will need extra 3 [mln heaps](https://pitchbook.com/profiles/company/51278-86) feedstock, GAPKI states<br>
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<br>Malaysia palm oil criteria at greatest considering that mid-2022<br>
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<br>India might withdraw import tax hike amidst inflation, Mistry states<br>
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<br>(Adds analyst remarks, updates Malaysia's palm [oil standard](https://www.crunchbase.com/organization/mission-newenergy) cost)<br>
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<br>By [Bernadette](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) Christina<br>
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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's palm oil output is anticipated to recuperate in 2025 after an [anticipated drop](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) this year, however costs are anticipated to remain raised due to planned growth of the nation's [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) mandate, industry experts stated.<br>
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<br>The palm oil benchmark price in Malaysia has increased more than 35% this year, lifted by slow output and Indonesia's strategy to increase the obligatory domestic [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) mix to 40% in January from 35% now in an effort to minimize fuel imports.<br>
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<br>Palm oil output next year in top manufacturer Indonesia is expected to [recuperate](https://pitchbook.com/profiles/company/51278-86) by 1.5 million metric loads compared to a projected drop of simply over a million tons this year, Julian McGill, handling director at Glenauk Economics, informed the Indonesia Palm Oil Conference on Friday.<br>
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<br>Thomas Mielke, head of Hamburg-based research study firm Oil World, stated he expects Indonesia's palm oil production to increase by as much as 2 million tons next year after a 2.5 million ton drop in 2024.<br>
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<br>While [Indonesia's output](https://www.google.com/search?kgmid=/m/0cqd_rb) is forecast to enhance, supply from somewhere else and of other veggie oils is seen tightening up.<br>
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<br>Palm oil output in neighbouring Malaysia is expected to dip a little next year after [increasing](https://forest500.org/rankings/companies/mission-newenergy-limited) by an estimated 1 million heaps in 2024.<br>
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<br>"We would need a healing in palm in 2025 because combined exports of soya, sunflower and rapeseed oils are declining," Mielke stated.<br>
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<br>'FRIGHTENING' PRICE SURGE<br>
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<br>The rate rise in in the past seven weeks has actually been "frightening" for buyers, Mielke said, adding that it would rally by 10%-15% in January-March if Indonesia enforces the [so-called](https://stocktwits.com/symbol/MNEL) B40 policy.<br>
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<br>The Indonesia Palm Oil Association stated additional feedstock of around 3 million loads will be needed for B40 execution, [eroding export](https://www.businessnews.com.au/Company/Mission-NewEnergy) supply.<br>
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<br>The present [palm oil](https://www.pinterest.com.au/missionnewenergy/) premium has actually already [caused palm](https://pitchbook.com/profiles/company/51278-86) to lose market share against other oils, [Mielke included](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4).<br>
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<br>Malaysian palm oil costs are seen trading at around $950 to $1,050 per metric heap in 2025, McGill of Glenauk approximated.<br>
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<br>Benchmark Malaysian palm oil touched 5,104 [ringgit](https://forest500.org/rankings/companies/mission-newenergy-limited) ($1,165.30) on Friday, the highest since mid-2022.<br>
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<br>"Sentiment right now is red-hot and exceptionally bullish, we need to take care," said Dorab Mistry, director at Indian durable goods business Godrej International.<br>
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<br>He forecast the Malaysian price around 5,000 ringgit and above till June 2025.<br>
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<br>Mielke and Mistry advised Indonesia to<br>
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<br>consider postponing<br>
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<br>B40 implementation on concern about its [influence](https://www.pinterest.com.au/missionnewenergy/) on food consumers.<br>
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<br>Meanwhile, Mistry expected top [palm oil](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) importer India to withdraw its<br>
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<br>import duty hike<br>
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<br>[enforced](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from September after elections in the state of Maharashtra in November. ($1 = 4.3800 ringgit) (Reporting by [Bernadette Christina](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Munthe Writing by Fransiska Nangoy
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