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27 Sep - 24 Oct 2021
Section 1: Oils & Fats Supply, Demand and Outlook
27 Sep - 24 Oct 2021
Section 2: Opportunities for Palm Oil in Asian Market


Archive
2021
05 - 11 Apr 2021
Section 1: Price Direction
05 - 11 Apr 2021
Section 2 : Special Focus on the US
27 Sep - 24 Oct 2021
Section 1: Oils & Fats Supply, Demand and Outlook
27 Sep - 24 Oct 2021
Section 2: Opportunities for Palm Oil in Asian Market
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
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
Indonesia's Biodiesel Policies Impacting Both Domestic and Export Markets
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 2: Global Palm Oil Market Focus:
Indonesia's Biodiesel Policies Impacting Both Domestic and Export Markets
Mr. Togar Sitanggang
Mr Togar Sitanggang is the Vice Chairman of Indonesian Palm Oil Association/ GAPKI Since April 2018, Previously He served as Secretary General from April 2015 to April 2018. Currently, Mr Sitanggang works for PT Musim Mas as General Manager base in Jakarta. He has been in palm oil industries for almost 30 years with national and multinational companies including PT SMART Tbk, Cargill, Bunge, ED & F Man, Darmex in many positions ranging from research, logistics, trading and now corporate affairs. Mr Sitanggang is also active in palm oil related associations in Indonesia such as APROBI (Association of Biofuels Producers Indonesia), APOLIN (Association of Oleochemicals Manufacturer) and DMSI (Dewan Minyak Sawit Indonesia – Indonesia Palm Oil Board). Mr. Togar Sitanggang, was born in North Sumatera in 1966, graduated from University of Southern California, Los Angeles, USA, in Computer Science degree and obtained his Master Degree from North Sumatra University in Medan.
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Indonesia’s Biodiesel program has been considered as one of the main drivers of Palm Oil market in last 3 years. After the establishment of CPO Fund in 2015, the mandatory blending program in Indonesia has gone partly smooth, at least for diesel fuel for PSO (Public Service Obligation) sector. Although the other half of demand, the non-PSO, has not picked up significantly, the PSO quantity of 2.5 to 2.7 million Kilo Liters has enough to maintain the prices at this current level.
With better productions since a very dry season in 2015, crude oil prices has been improving in past years and market disturbance overseas, the Biodiesel policies in Indonesia would have to play another important part in near future to maintain or improve the price level. Indonesia, and maybe Malaysia too, need to produce another policy on Biodiesel to make sure market can absorb the growing production in Indonesia and Malaysia.
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