SUMMARY OF 2020 CPO PRICE EXPECTATIONS
|
Speaker
|
Organisation
|
Indonesia CPO Production (m tonnes) |
Price Range
|
Price Range #
|
|
|
2019F
|
2020F
|
(US$/tonne)
|
(RM/tonne)
|
||
| Arif P. Rachmat |
Agro Forestry
|
+2.5
|
+1.9
|
4Q19: 550 |
4Q19: 2,310 |
|
Dorab Mistry
|
Godrej International
|
+1.0
|
+2.0(downside risk) |
–
|
1Q20: 2,700
|
|
James Fry
|
LMC
|
+4.5%
|
+3.0%
|
1Q20: 650 |
1Q20: 2,730 |
|
Thomas Mielke
|
Oil World
|
+2.7
|
+1.8
|
1H20: 650
|
1H20: 2,730
|