Professional Documents
Culture Documents
BLEACHING
Optimising
filtration
HVO
Treating
feedstocks
WWW.OFIMAGAZINE.COM
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CONTENTS
Comment
esters in terms of regulations
2 Bans shake market
Renewable diesel
Ukraine/Russia News
General News
the bleaching process of edible oils
and depends on factors such as oil 6 Indonesia ends temporary
type, bleaching temperature, level of palm oil export ban
impurities, and the type of bleaching
earths and filtration aids used Biofuel News
VOL 38 NO 5
Bans shake market Indonesia’s surprise decision on 28 April to ban exports of
OILS & FATS INTERNATIONAL JUNE 2022
crude and refined palm oil products shook a global vegetable
oil market already struggling with shortages of sunflower oil
EDITORIAL: resulting from the Russia-Ukraine war.
Editor: Serena Lim
serenalim@quartzltd.com Palm oil is both the largest volume and most exported vegetable
+44 (0)1737 855066 oil in the world (some 77M tonnes and 50M tonnes respec-
Assistant Editor: Gill Langham tively), while Indonesia accounts for the most production and
gilllangham@quartzltd.com exports of this oil (59% and 56% respectively).
+44 (0)1737 855157
SALES: The temporary export ban was introduced as the country strug-
gled to control soaring cooking oil prices against a backdrop of mounting civil unrest.
Sales Manager: Mark Winthrop-Wallace
markww@quartzltd.com
+44 (0)1737 855114 There have been a raft of changing policies in Indonesia since January – from subsidies
on packaged and bulk cooking oil; to domestic sales obligations for crude palm oil (CPO)
Sales Consultant: Anita Revis
exporters; to raised palm oil export levies and taxes. The government even widened its
anitarevis@quartzltd.com
+44 (0)1737 855068
palm oil export ban from just refined, bleached and deodorised (RBD) palm olein to CPO
and other refined products only one day after its initial announcement.
PRODUCTION:
Production Editor: Carol Baird The ban – put in place until the domestic bulk cooking oil price dropped to 14,000 ru-
carolbaird@quartzltd.com piah (US$0.96)/litre – was reversed on 23 May as small-scale farmers started to receive
less money for their oil palm fresh fruits and stocks built up in storage facilities for a crop
CORPORATE: that needs to be processed immediately after harvest.
Managing Director: Tony Crinion
tonycrinion@quartzltd.com The domestic market still remains a priority as the Indonesian government reinstated its
+44 (0)1737 855164
domestic market obligation and price schemes to ensure continued supplies of cooking
SUBSCRIPTIONS: Jack Homewood
oil (see p6).
subscriptions@quartzltd.com
+44 (0)1737 855028 Indonesia’s problems are an illustration of the rising food prices and supply deficits being
Subscriptions, Quartz House, 20 Clarendon Road, felt by countries around the world – especially in developing nations which have seen
Redhill, Surrey RH1 1QX, UK their currencies depreciate in recent months.
© 2022, Quartz Business Media
ISSN 0267-8853
These problems call into question biofuels which may still utilise food feedstocks.
WWW.OFIMAGAZINE.COM “We’re going to see more pressure on countries to reduce their biodiesel and renewable
diesel mandates,” says chief commodities economist at StoneX Financial, Arlan Suderman
(see also p10).
A member of FOSFA
Oils & Fats International (USPS No: 020-747) is In addition, as the war in Ukraine continues, “there is a growing likelihood that food
published eight times/year by Quartz Business shortages, particularly of grains and vegetable oils, will become acute, leading more
Media Ltd and distributed in the USA by DSW, countries to turn to trade restrictions,” the International Food Policy Research Institute
75 Aberdeen Road, Emigsville PA 17318-0437.
(IFPRI) said in an April report.
Periodicals postage paid at Emigsville, PA.
POSTMASTER: Send address changes to Oils & Fats
c/o PO Box 437, Emigsville, PA 17318-0437 As well as Indonesia, the IFPRI lists some of the countries which have restricted or
banned cereal and oilseed exports including:
Published by Quartz Business Media Ltd
Quartz House, 20 Clarendon Road,
Redhill, Surrey RH1 1QX, UK
• Argentina (soyabean oil and meal, through 31 December 2023)
oilsandfats@quartzltd.com • Algeria (pasta, wheat derivatives and vegetable oil, through 31 December)
+44 (0)1737 855000 • Egypt (vegetable oil, corn, wheat, wheat flour and pasta, through 12 June)
• Russia (sunflowerseed, wheat, rye, barley and corn, through 30 June)
Printed by Pensord Press, Gwent, Wales
The coming summer looks to be one of rising food prices, with all the economic, political,
and social consequences this brings.
DOUBLE IT.
Cubiq Foods
to scale up with
Cargill funds
Spanish alternative fat company
Cubiq Foods announced on 9 May
that it had raised a total of €5.75M
(US$6M) in funding from four inves-
tors, including global agribusiness
giant Cargill.
Cubiq Foods said the investments
would allow it to expand commercial
and production operations in North
America and Europe and to launch
new products. Cargill’s investment
was the first step in a partnership
that included a product development
plan and an agreement to market
and sell Cubiq Foods’ products.
Last year, Cubiq Foods launched
Go!Drop, a plant-based fat replace-
ment which could be used as an
alternative to animal fats in pro-
cessed meat products, dairy deriva-
tives, bakery products, confectionery
and saturated vegetable fats (such as
coconut oil) in vegan food products.
Later this year, Cubiq Foods said
it would be launching Go!Mega3, a
micro-encapsulated omega-3 prod-
uct and, early next year, it would be
launching its first cultivated fat-
based ingredient for food applica-
tions in the US market.
“Our strategic partnership with
Cubiq will help us better serve our
customers by accelerating the devel-
opment of plant-based alternatives,”
said Vivek Cherian, meat and dairy
alternatives category leader for
edible oils at Cargill.
The other investors apart from
Cargill were Moira Capital Partners,
SGEIC and Newtree Impact.
www.ofimagazine.com OFI – JUNE 2022 7
Photo: Neste
the working paper. In the medium to long-term, Claeys said he
The proposals were crit- expected the Russia-Ukraine conflict to accel-
icised by German biofuels erate energy transition in the EU.
association VDB, which said Thomas Balle, industry technology specialist
a reduction of the propor- at Novozymes, said EU legislation would drive Used cooking oil is now the feedstock for nearly a
tion of biofuels was not demand of waste-based and advanced biodiesel. fifth of biofuels produced in Europe
needed as ethanol produc-
ers generally used grain that
was unsuitable for the food
sector, and biodiesel pro-
ducers had already cut back Russia-Ukraine war stalls EU biofuels
their production in favour of Rising food and fuel costs, pushed up by the crisis blending mandates, which would risk undercom-
food production. in Ukraine, are pushing several EU countries to pliance with EU directives. Central and Eastern
freeze or lower 2022-2023 low-carbon blending Europe would also risk under-compliance if they
PANAMA: Bioenergy mandates for transportation fuels, according to directly reduced blending mandates but some
products development firm Cornelius Claeys at Stratas Advisors, writing on countries planned to do so anyway. “In the case
SGP BioEnergy said on 18 energypost.eu on 23 May. of Croatia, penalties for fuel suppliers that do
May that it is set to develop In Finland, the 2022 and 2023 blending obli- not meet obligations will be waived,” Claeys said.
a hydrotreated vegetable gations were reduced by 7.5 percentage points. If all the eight countries mentioned implement-
oil (HVO) and sustainable Swedish lawmakers were consider freezing 2023 ed their plans, there could be a reduction of up
aviation fuel (SAF) facility obligations at 2022 levels while in Norway, gov- to 2bn litres of biofuel demand in 2023, ironically
in Panama. Due to become ernment discussions were ongoing to undertake increasing fossil fuel demand, just as discussion
operational in five years, the similar measures. was ongoing to ban EU imports of Russian oil and
Biorefineria Ciudad Dorada “These Nordic countries can afford to reduce refined products by the end of the year.
plant in Colon and Balboa their blending mandates while still complying The USA, in contrast, was strengthening bio-
would produce 180,000 with EU directives,” Claeys wrote. fuel incentives by allowing year-round E15 use,
barrels/day of biofuel. Germany and Belgium may reduce the allowed with a philosophy that a higher share of ethanol
contribution of crop-based biofuels towards would reduce the price per gallon of gasoline.
10 OFI – JUNE 2022 www.ofimagazine.com
Austria
Andritz AG
technology guide
Stattegger Strasse 18, Graz A-8045 Oils & Fats International features a fully updated global selection
Tel: +43 5 08 05/5 62 31
E-mail: separation@andritz.com of plant and equipment suppliers to the oils and fats industry,
www.andritz.com/separation
accompanied by a chart of company activities
* Anton Paar GmbH
Anton-Paar-Strasse 20, 8054 Graz www.gigkarasek.com E-mail: info@desmetballestra.com
Tel: +43 316 257 1350 Other: Hydrogenation www.desmetballestra.com
E-mail: info@anton-paar.com Other: Biodiesel & HVO pre-treatment;
www.anton-paar.com Kemia Handels und Projektierungs GmbH biodiesel and FAME – transesterification,
Hochheimg 20, Vienna 1130 esterification, biofuel distillation. Glycerine
BDI-BioEnergy International GmbH Tel: +43 676 948 2223 purification; fatty acids; fatty alcohols (Davy
Parkring 18, Raaba-Grambach, Styria 8074 E-mail: kondor@kemia.at Process technology)
Tel: +43 316 4009100 www.kemia.at
E-mail: sales@bdi-bioenergy.com Other: Palm oil dynamic extraction, feedstock De Smet SA Engineers & Contractors
www.bdi-bioenergy.com pre-treatment Watson & Crick Hill - Building J
Rue Granbonpré 11 - Box 8
GIG Karasek GmbH Belgium B-1435 Mont-Saint-Guibert
Neusiedlerstrasse 15-19 Desmet Ballestra Group - Oils, Fats and Tel: + 32 10 43 43 00
Gloggnitz, Lower Austria 2640 Oleochemicals Division E-mail: info@dsengineers.com
Tel: +43 2662 42780 Belgicastraat 3, B-1930 Zaventem www.dsengineers.com
E-mail: office@gigkarasek.at Tel: +32 2 7161111 Other: EPC/EPCM contractor u
GekaKonus GmbH
Siemensstrasse 10, Eggenstein-Leopoldshafen 76344
Tel: +49 721 943740
E-mail: info@gekakonus.net
www.gekakonus.net Clean and ef ficient
HF Press+LipidTech (member of the HF FoodTech Group)
Schlachthofstrasse 22, 21079 Hamburg
vacuum systems
for refining
Tel: +49 40 77 179-0
E-mail: service-plt@hf-group.com
www.hf-press-lipidtech.com
Other: Oilseed processing, refining, screw presses, plant engineering,
rendering, biomass technology, storage tanks, process tanks, multi- and deodorising
chamber tanks
oilRoq GmbH
Pfaennerhoehe 35, Halle, Sachsen-Anhalt 06110
Tel: +49 345 68578071
E-mail: sales@oilroq.eu
www.oilroq.eu
Other: Bleaching, esterification, edible oleochemical hydrogenation,
metallic candle filter
Pattyn Belgium
Elica-elevator
GIG Karasek
Anton Paar*
Argentina
Proglobal
Belgium
Bulgaria
Canada
China
Oilseed crushing mills
Solvent extraction
Extraction
Fish oil/meal processing
Rendering/fat melting plant
Pelleting mills
Dehulling & Other
Degumming
Winterising
Crystallisation
Oil distillation/fractionation
Alkali & physical refining
Miscella refining
Deodorisers
Technologies
Bleachers
Oil dryers
Fat splitting
PROCESS PLANT & EQUIPMENT
Hydrogen systems
/ R&D AND INNOVATION Other
Cooking/salad oils
Butter formulation
/ PRODUCT PROCESSING EXPERTISE Shortening/margarine production
Vitamin E production
/ EXPERIENCED PROJECT EXECUTION Lecithin production
End user processes/equipment
Suplhonation
Slatted conveyors
Elevators
Loading arms/chutes
Auger feeders
Storage silos
Storage tanks
Other
ANCILLARY EQUIPMENT
Screens
Centrifugal separators
Screens & filtration
Gravity separators
Magnetic separators
Membrane separators
Filter presses
desmetballestra.com Pressure leaf filters
Other
Packing equipment
Instrumentation
Pumps/fluid handling
Other equipment
Vacuum systems/ejectors
GLOBAL SOLUTIONS PROVIDER FOR THE INDUSTRIES OF
Centrimax-Winkelhorst Trenntechnik
Maschinenfabrik Reinartz
Gerstenberg Services
Rono Maschinenbau
Haarslev Industries*
HF Press+LipidTech
INTEC Engineering
Buss-SMS-Canzler
B+B Engineering
Körting Hannover
Czech Republic
Myande Group
GEA Wiegand*
Bruker Biospin
HTI-GESAB
Crown Asia
GekaKonus
COFCOET
Denmark
Germany
Promill*
Farmet
France
Serac*
oilRoq
Olexa
Extraction
Fish oil/meal processing
Rendering/fat melting plant
Pelleting mills
Other
Degumming
Winterising
Crystallisation
Oil distillation/fractionation
Alkali & physical refining
v2-87x265General-OFI-2015.indd
1Interesterification
Refining
Miscella refining
Deodorisers
Bleachers
Oil dryers
Fat splitting
Hydrogenation
Hydrogen systems
Other
Cooking/salad oils
Butter formulation
Shortening/margarine production
Vitamin E production
Lecithin production
Slatted conveyors
Elevators
Loading arms/chutes
Auger feeders
Storage silos
Storage tanks
Other
ANCILLARY EQUIPMENT
Screens
Centrifugal separators
Screens & filtration
Gravity separators
Magnetic separators
Membrane separators
Filter presses
Pressure leaf filters
Other
Packing equipment
Instrumentation
Pumps/fluid handling
Other equipment
Vacuum systems/ejectors
Process heating systems
Steam boilers
Thermal oil heaters
Heat recovery systems
Other
Plant & technology chart 2022: Sum
LIPICO Technologies
Geelen Counterflow
JJ-Lurgi Engineering
Andreotti Impianti
Desmet Ballestra
Sulzer Chemtech
TECHNOILOGY
Buss ChemTech
Sharplex Filters
Binnachi & Co
CPM Europe
Netherlands
Switzerland
Singapore
Niverplast
CMB SpA
Malaysia
Oiltek*
Bühler
Serbia
India
Italy
Oilseed crushing mills
Solvent extraction
Extraction
Miscella refining
Deodorisers
Bleachers
Oil dryers
PROCESS PLANT & EQIUPMENT
Fat splitting
& EQUIPMENT
Hydrogen systems
End user processes/equipment PROCESS PLANT
Other
Cooking/salad oils
Butter formulation
Shortening/margarine production
Vitamin E production
Lecithin production
Suplhonation
Ethoxylation/propoxylation
Detergent formulation
Detergent production
Soap production
Soap finishing
Cosmetics production
Glycerine refining
Fatty acid derivatives
Pharmaceuticals
Biodiesel/methyl ester
Other
Pneumatic conveyors
Belt conveyors
Vibratory conveyors
Storage & handling
Slatted conveyors
Elevators
Loading arms/chutes
Auger feeders
Storage silos
Storage tanks
Other
ANCILLARY EQUIPMENT
Screens
Centrifugal separators
Screens & filtration
Gravity separators
Magnetic separators
Membrane separators
Filter presses
Pressure leaf filters
Other
Packing equipment
Instrumentation
Pumps/fluid handling
Other equipment
Vacuum systems/ejectors
Process heating systems
Steam boilers
Thermal oil heaters
Heat recovery systems
Other
*Denote entries from 2021
OLEOCHEMICALS
Methylesters • Glycerine • Biodiesel
mmary table of company activities Fatty Acids • Fatty Alcohols AW_DB_AD_OFI_HP_87x265_GENERAL_V1.pdf 1 15/06/2022 15:17
Pope Scientific*
Myers Vacuum*
Nel Hydrogen
Metan FZCO
UAE
USA
Extraction
Science
Fish oil/mealbehind
processing Technology
Rendering/fat melting plant
Hydrogen systems
Other C
EXTRACTION
Cooking/salad oils
Butter formulation
M
Extractors / Desolventing Toasting
Shortening/margarine production Y
Distillation / Solvent Recovery
Vitamin E production
REFINING
CM
Lecithin production
End user processes/equipment
Sulphonation MY
Soap production
Soap finishing K
FAT MODIFICATION
Cosmetics production
Glycerine refining Fractionation / Hydrogenation / Interesterification
Fatty acid derivatives
Pharmaceuticals OLEOCHEMICALS
Biodiesel/methyl ester
Other Methylesters / Glycerine / Biodiesel
Pneumatic conveyors Fatty Acids / Fatty Alcohols
Belt conveyors
Vibratory conveyors
Storage & handling
Slatted conveyors
Elevators
Loading arms/chutes
Auger feeders
Storage silos
Storage tanks
Other
Screens
Centrifugal separators
Screens & filtration
Gravity separators
Magnetic separators
Membrane separators
Filter presses desmetballestra.com
Pressure leaf filters
Other
Packing equipment
Instrumentation
Pumps/fluid handling
Other equipment
Optimising
Revolutionary
cost-benefit
in bleaching
oils and fats
BLEACHING EARTHS
Continuous - Centrifuges /Decanters
free fatty acids (FFAs), sulphur, oxidation
products and moisture – and bleaching
and filter performance paved the way
for better bleaching clays. Acid-activated
clays became the standard.
The addition of water in the initial
FILTERED OIL
OPTIONAL SILICA BLEACH
synonymous with additional loss.
Automation options
CAKE BACK TO MEAL PROCESS The processing industry has been looking
Tri-Clear ® Double bleach ® or Combi-Clean ® Process
Figure 5: Counter Current bleaching process for more efficient options to filter or clean
(with pre-filtration and or silica purification) bleached oil for many years. Increased
capacities and increased number of filters
REDUCED CLAY
has resulted in bigger units to provide
SILICA more filter area per filter, less operator
120-130°C
H2O (OIL)
involvement, and more automation.
BLEACHED CLEAN OIL
REFINED OIL Filter areas in vertical tank and vertical
SILICA
BLEACHER
90°C VACUUM leaf filters have increased from 50m2 to
BLEACHER
125m2 per unit. Horizontal tank filters
STAND-BY
are available at 225m2 per filter but
require a much larger footprint and create
Source: PMI-Tech (Europe) BV
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www.ofimagazine.com 10/06/2022
OFI – JUNE 202213:41
29
MOSH MOAH
Paraffins: open-chain R R R
R
Source: Clariant
saturated HC R
R R R R R
R
Source: Clariant
Figure 2: Potential health risk associations with MOHs
aminants
Minimisation strategy bind the contaminants and enable their
Considering that MOSH and MOAH are removal from edible oils.
not naturally part of the composition of Light molecules can be removed
edible oils, it is useful to analyse where during the deodorisation process at
they may originate in order to be able to high temperatures and low-pressure
help minimise their concentration. conditions. However, this is not the case
Possible sources of MOSH and MOAH for medium to heavy compounds.
include: Further physical properties, such as
• Smoke drying density and boiling point, make these
• Drying on asphalt surfaces (palm oil) remaining contaminants practically
• Transport and handling impossible to remove through any process
• Lubrication commonly available in existing refinery
• Leakages layouts.
• Anti-dust agents To develop an optimal minimisation
• Migration of impurities (e.g. ink) through strategy for MOHs, the following aspects
packaging should be considered:
• Maintenance operations • Physical properties
• Compound polarity
As with 3-MCPD esters, one could • Potential metals for binding MOHs
attempt to control every step of the • Molecule size and shape
value chain. However, it can be quite
complex to remove MOSH and MOAH Clariant’s R&D team is currently working
contaminants completely, or even to to develop processes and processing aids
reduce them to the low levels different to tackle the challenge of MOSH and
food safety authorities are planning to MOAH removal and hopes to be able to
regulate on. present effective solutions in the near
MOH compounds have been on future. ●
Photo: Adobe Stock
Treating
feedstocks
Explore Dupps
systems, service & support
www.dupps.com • (937) 855-6555
Building the tools for
a more sustainable world The Dupps Company • Germantown, Ohio • U.S.A.
RENEWABLE DIESEL
HVO markets and producers
Today’s main HVO markets are in Europe
and in the USA but new markets are
developing fast in other continents as
well. While biodiesel is still the most
common biofuel in Southeast Asia, HVO
production is also taking off in that region.
Global HVO production capacity is
expected to exceed 20M tonnes/year in
the coming years.
A number of companies have
developed in-house HVO production
processes but, in most cases, the HVO
market trends.
HYDROFLEX units run alongside
conventional petrochemical units all over
the world with full flexibility, allowing
the transformation of any renewable
feedstock into drop-in, ultra-low sulphur
Figure 1b: Basic and alternative HVO feedstock pre-treatment processes gasoline, jet fuel or diesel.
ENI (Italy) has developed the
u HVO technology companies because they are familiar ECOFINING system in collaboration with
The EU’s RED II promotes the use of with the hydrotreatment process, which Honeywell-UOP and, in 2013, started
biofuels, favouring next-generation biofuels typically operates in two stages. up a green refinery project based on
that are obtained from non-food waste The double bonds of the hydrocarbon the conversion of two existing hydro-
feedstocks. Today, the only commercial chains are first saturated with hydrogen. desulphurisation units in Venice and Gela
alternative to FAME is HVO that can This is followed by the elimination of into hydro-treatment processes. Several
be obtained from waste feedstocks, oxygen atoms through three parallel other plants using the technology are in
while awaiting larger quantities of raw mechanisms: hydro-deoxygenation, operation in the USA and in Europe.
lignocellulosic and algal biomass. decarboxylation and decarbonylation. The VEGAN HVO technology
The HVO process uses hydrogen, An extra step is mandatory for SAF developed and licensed by France’s
instead of methanol, in the conventional production. Catalytic hydrotreatment is Axens Group is a flexible solution for
biodiesel process. Bio-propane is the carried out at a high temperature (from hydro-treating a wide range of lipids
major by-product and there is no low- 300-400°C) and hydrogen pressure and producing low-density, high cetane
value glycerol production. (between 3-20 MPa). renewable diesel as well as renewable
HVO can be blended with fossil fuel in Sulphide nickel-molybdenum (Ni-Mo) and sulphur-free jet fuel. This technology
higher ratios than the 7% used nowadays cobalt-molybdenum (Co-Mo) supported was originally developed by IFP Energies
for biodiesel. The same feedstocks can be on alumina are the most common catalysts Nouvelles in the mid-2000s and is
used for HVO and biodiesel production. used, along with sulphur-free noble metals the result of Axens’ wide experience
However, the technology, as well as the such as platinum (Pt) and palladium (Pd) or in conventional hydro-processing
final products, are different and producers zeolite-supported Pt catalysts. Along with technologies and catalysts, with more than
have a different core activity. the process temperature and pressure, 200 units licensed in the world.
While biodiesel is mainly produced the catalyst type has an important
by food oil refiners, HVO production impact on the final HVO product quality Feedstock selection
is mostly carried out by petrochemical (compositional distribution). A wide variety of products containing
STATISTICAL NEWS
Vegetable oil prices
The Mintec Category Index (MCI) for global vegetable oils
softened in May, averaging US$2,027/tonne; a decline of
2% month-on-month (m-o-m). Vegetable oil prices have
continued to fall from the unprecedented levels reached
in March, following Russia’s invasion of Ukraine, due to
demand rationing of buyers unwilling to pay elevated
prices. The global MCI remains up at 11% year-on-year
(y-o-y) on tight supply conditions due to the ongoing
Russia-Ukraine war, export regulations, soaring input costs
Mintec
and logistical disruptions.
Vegetable oil prices (Mintec Category Index) – US$/tonne
Sunflower oil market
The Mintec Benchmark Price (MBP) for EU sunflower oil
decreased by 15% m-o-m to reach €1,755/tonne on
9 June due to demand rationing and substitution with
other edible oils. Global sunflower oil supply remains tight
as Ukrainian exports are limited due to damage to sea
ports and infrastructure with only some supply enter-
ing the market by rail or truck. Russia is set to raise its
sunflower oil export tax by 7% to US$560/tonne; further
tightening global sunflower oil supply. Due to uncertain-
ties over plantings in Ukraine, global sunflower oil produc-
tion for the upcoming 2022/23 marketing year is set to
decline by 4% compared to the 2021/22 estimate.
Mintec
Sunflower oil prices (Mintec Benchmark Price) – €/tonne Palm oil market
The Mintec Benchmark Price (MBP) for EU palm oil was
assessed at €1,473/tonne on 9 June; down by 3% m-o-m.
This represents a 13% decline from the record high of
€1,691/tonne reached on 28 of April, following Indone-
sia’s export ban on crude palm oil (CPO) and its deriva-
tives. On 23 May, the Indonesian government revoked
the palm oil export ban and replaced it with a Domestic
Market Obligation (DMO). Despite the export ban not
reaching its aim of curbing domestic prices to IDR14,000/
litre, the reversal was due to palm oil storage space
reaching full capacity. The DMO now requires producers
to sell about 300,000 tonnes of palm oil supply on the
domestic market to ensure sufficient domestic supply. Ac-
cording to market sources, shipments have been slow as
Mintec
Palm oil prices (Mintec Benchmark Price) – €/tonne exporters have faced issues with the requirements. Thus,
on 7 June, the Indonesian government implemented an
Prices of selected oils (US$/tonne) export acceleration scheme to improve exports with the
Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 aim of shipping at least 1M tonnes of CPO and derivative
products. According to the United States Department of
Soyabean 1,383.1 1,421.8 1,537.3 1,922.7 1,868.3 1,859.2
Agriculture, global palm oil production for the upcoming
Crude palm 1,265.0 1,320.1 1,497.0 1,669.6 1,578.6 1,623.8
2022/23 marketing year is set to rise by 3% y-o-y to 79M
Palm olein 1,147.4 1,223.3 1,422.3 1,605.4 1,445.6 1,515.3 tonnes due to favourable weather in Southeast Asia.
Coconut 1,781.4 1,928.3 2,145.3 2,180.4 2,000.8 1,698.3
Rapeseed 1,729.9 1,773.7 1,666.0 2,057.6 2,120.9 1,909.0 Mintec provides independent insight
Sunflower 1,385.5 1,390.8 1,517.0 2,351.0 2,136.0 2,096.8 and data to help companies make
informed commercial decisions.
Palm kernel 1,743.8 2,017.5 2,262.5 2,320.0 1,977.3 1,724.8
Tel: +44 (0)1628 851313
Average 1,491.0 1,582.0 1,721.0 2,015.0 1,875.0 1,775.0 E-mail: sales@mintecglobal.com
Index 353.0 375.0 408.0 478.0 444.0 421.0 Website: www.mintecglobal.com