Palm Oil Internet Seminar

Section 1: CPO Price Trend:
Malaysia's Palm Oil Supply and Demand Updates for 2018
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.
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.
The Malaysian oil palm industry showed a sterling performance in 2017. Crude palm oil (CPO) production witnessed a significant increase following recovery from the impact of the El-Nino phenomenon a year earlier. In relation to global demand, higher palm oil prices and improved export demand in 2017 helped push export earnings. The first half of 2018, however, showed a mixed performance of the Malaysian oil palm industry. CPO production and export demand increased, while imports declined as compared to the corresponding period of 2017. On the other hand, high carry-over stocks coupled with equally high production had pushed palm oil stocks to above 2 million tonnes during the first half of 2018. Weaker vegetable oil prices had put a toll on CPO price thereby, affecting export revenue. This paper will provide an overview of the performance of the Malaysian oil palm industry for the first half of 2018 vis-à-vis the first half of 2017, covering oil palm planted area, productivity, exports, imports, closing stocks and the prices of oil palm products, as well as the expected development for the second half of 2018.

The full report will only be available from Aug 06, 2018 onwards.
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