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<br>Indonesia plans to [execute](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) B40 in January<br> |
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<br>In that case, prices may rally 10%-15% in Jan-March, Mielke states<br> |
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<br>B40 will 3 mln tons feedstock, GAPKI states<br> |
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<br>Malaysia palm oil criteria at greatest given that mid-2022<br> |
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<br>India might withdraw import [tax trek](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) amidst inflation, Mistry states<br> |
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<br>(Adds expert comments, updates Malaysia's palm oil standard cost)<br> |
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<br>By Bernadette 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 expected drop this year, however prices are expected to remain raised due to organized growth of the nation's [biodiesel](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) required, [industry analysts](https://forest500.org/rankings/companies/mission-newenergy-limited) stated.<br> |
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<br>The palm oil benchmark price in Malaysia has risen more than 35% this year, raised by sluggish output and Indonesia's strategy to increase the [mandatory domestic](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) blend to 40% in January from 35% now in an effort to decrease fuel imports.<br> |
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<br>Palm oil output next year in top producer Indonesia is anticipated to recuperate by 1.5 million metric heaps compared to an [estimated drop](https://pitchbook.com/profiles/company/51278-86) of just over a million tons this year, Julian McGill, managing 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, said he expects Indonesia's palm oil production to increase by as much as 2 million tons next year after a 2.5 million heap drop in 2024.<br> |
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<br>While Indonesia's output is forecast to enhance, [provide](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from somewhere else and of other vegetable oils is seen tightening.<br> |
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<br>Palm oil output in neighbouring Malaysia is anticipated to dip a little next year after [increasing](https://www.google.com/search?kgmid=/m/0cqd_rb) by an [estimated](https://pitchbook.com/profiles/company/51278-86) 1 million tons in 2024.<br> |
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<br>"We would require a healing in palm in 2025 due to the fact that combined exports of soya, sunflower and rapeseed oils are decreasing," Mielke said.<br> |
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<br>['FRIGHTENING'](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) PRICE SURGE<br> |
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<br>The price rise in [palm oil](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in the previous seven weeks has been "frightening" for buyers, Mielke stated, including that it would rally by 10%-15% in January-March if Indonesia imposes the so-called B40 policy.<br> |
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<br>The Indonesia Palm Oil Association stated additional feedstock of around 3 million lots will be needed for B40 execution, [wearing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) down export supply.<br> |
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<br>The existing palm oil premium has already caused palm to lose market share versus other oils, Mielke added.<br> |
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<br>Malaysian palm oil costs are seen [trading](https://stocktwits.com/symbol/MNEL) at around $950 to $1,050 per metric heap in 2025, McGill of Glenauk estimated.<br> |
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<br>Benchmark [Malaysian palm](https://www.zoominfo.com/c/mission-newenergy/346542889) oil touched 5,104 ringgit ($1,165.30) on Friday, the greatest considering that mid-2022.<br> |
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<br>"Sentiment right now is red-hot and exceptionally bullish, we need to beware," stated Dorab Mistry, director at Indian customer goods company Godrej International.<br> |
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<br>He [forecast](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the [Malaysian](https://stocktwits.com/symbol/MNEL) price around 5,000 ringgit and above up until June 2025.<br> |
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<br>Mielke and Mistry advised Indonesia to<br> |
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<br>think about postponing<br> |
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<br>B40 application on concern about its influence on [food customers](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br> |
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<br>Meanwhile, Mistry anticipated top palm oil [importer India](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to withdraw its<br> |
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<br>import duty hike<br> |
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<br>[imposed](https://www.bloomberg.com/profile/company/MNELF:US) from September after elections in the state of Maharashtra in November. ($1 = 4.3800 ringgit) (Reporting by Bernadette Christina Munthe Writing by [Fransiska](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Nangoy |
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