<p>【新加坡】由於伊朗戰爭導致的能源價格上漲不太可能對棕櫚油生產商布米達馬農業造成負面影響，甚至可能為其業務提供整體推動，該公司表示，同時指出存在成本壓力。</p>
<p>這家專注於印度尼西亞的公司在 4 月 22 日的監管文件中發佈了對股東的回應，指出燃料和化肥成本在歷史上平均佔總生產成本的約 10%。</p>
<p>布米達馬農業表示，棕櫚油價格通常與能源價格呈正相關，並指出棕櫚油也是生物燃料生產的關鍵原料。化石燃料價格上漲通常 “支持生物柴油生產量的增加”，特別是對於印度尼西亞和美國等主要生產國。</p>
<p>此外，能源部門隨着時間推移的更高結構性需求在某些情況下也可能對這家主板上市公司的業績 “產生淨支持”。布米達馬農業補充説，預計到 2025 年，全球棕櫚油生產中約 25% 將用於能源相關用途，十年前這一比例為 15%。</p>
<p>在回應新加坡證券投資者協會的問題時，該公司還表示，它並不積極使用金融衍生品如商品期貨進行對沖。相反，它更傾向於通過 “有紀律和選擇性的遠期銷售策略” 來管理價格風險，並在 “適當的情況下” 依賴實物遠期合同。</p>
<p>布米達馬農業補充説，遠期銷售的上限為其核心粗棕櫚油生產的 40%，且最長為六個月。核心粗棕櫚油是指由像布米達馬農業這樣的棕櫚油公司直接擁有、管理和運營的種植園生產的粗棕櫚油。</p>
<p>另見</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5906860171348febd979d929e57958fc9390aa2c783d39d0e3ccc08721db1203/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5906860171348febd979d929e57958fc9390aa2c783d39d0e3ccc08721db1203/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>馬來西亞將增加生物柴油使用以應對中東衝突的影響</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/ef06f218c504bc8ffec8fbba975282990f5c32e77fc3fb2ec8646927b83e9ac5/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/ef06f218c504bc8ffec8fbba975282990f5c32e77fc3fb2ec8646927b83e9ac5/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>隨着伊朗尚未決定是否參加與美國的和平談判，油價上漲 3%</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d1d7f08b1c32adbb4f508eb51ca3b1bca106ba56ce9c9f2eb0ec8e11f3c608fe/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d1d7f08b1c32adbb4f508eb51ca3b1bca106ba56ce9c9f2eb0ec8e11f3c608fe/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>Wilmar 認為中東衝突影響有限，提到間接成本壓力</h3>
<h3>在新的全球秩序中導航亞洲</h3>
<p>將洞察力送到您的郵箱。</p>
<p>這種 “平衡” 的方法提供了一定程度的價格可見性，“同時保留了對現貨市場波動的足夠暴露”，該公司表示。它指出，在 2025 年，它未簽署遠期合同，因為與現貨價格相比，遠期定價被認為 “吸引力不足”。</p>
<p>這使布米達馬農業能夠 “保持有紀律和機會主義，在保護下行風險的同時參與有利的價格環境”。</p>
<p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊這裏註冊以獲取解碼亞洲通訊。送到您的郵箱。免費。</p>

布米達馬農業

<p>布米達馬農業，一家棕櫚油生產商，表示由於伊朗戰爭導致的能源價格上漲不太可能對其業務造成傷害，甚至可能提供助力。該公司指出，燃料和肥料成本約佔生產成本的 10%。棕櫚油價格與能源價格呈正相關，支持生物柴油生產的增加。布米達馬農業不使用金融衍生品進行對沖，而是採用選擇性遠期銷售策略，將遠期銷售限制在生產的 40% 以內，期限為六個月。該公司旨在在保護下行風險與參與有利價格之間取得平衡</p>

<p>[SINGAPORE] Rising energy prices as a result of the Iran war are unlikely to negatively impact palm oil producer Bumitama Agri and could even provide an overall boost to its business, it said, even as it noted the presence of cost pressures.</p>
<div class="lb-trans"><p>【新加坡】由於伊朗戰爭導致的能源價格上漲不太可能對棕櫚油生產商布米達馬農業造成負面影響，甚至可能為其業務提供整體推動，該公司表示，同時指出存在成本壓力。</p>
</div><p>The Indonesia-focused company published its response to a shareholder in a regulatory filing on Wednesday (Apr 22), stating that fuel and fertiliser costs have historically accounted for about 10 per cent of total production costs on average.</p>
<div class="lb-trans"><p>這家專注於印度尼西亞的公司在 4 月 22 日的監管文件中發佈了對股東的回應，指出燃料和化肥成本在歷史上平均佔總生產成本的約 10%。</p>
</div><p>Palm oil prices tend to be positively correlated with energy prices, said Bumitama Agri, noting that it is also a key feedstock in biofuel production. Higher fossil fuel prices usually “support increased biodiesel production volume”, particularly for major producers likes Indonesia and the US.</p>
<div class="lb-trans"><p>布米達馬農業表示，棕櫚油價格通常與能源價格呈正相關，並指出棕櫚油也是生物燃料生產的關鍵原料。化石燃料價格上漲通常 “支持生物柴油生產量的增加”，特別是對於印度尼西亞和美國等主要生產國。</p>
</div><p>That and higher structural demand over time from the energy sector could also -- in certain scenarios -- be “net supportive” to the mainboard-listed company’s performance. About 25 per cent of global palm oil production in 2025 was intended for energy-related uses, up from 15 per cent a decade ago, added Bumitama Agri.</p>
<div class="lb-trans"><p>此外，能源部門隨着時間推移的更高結構性需求在某些情況下也可能對這家主板上市公司的業績 “產生淨支持”。布米達馬農業補充説，預計到 2025 年，全球棕櫚油生產中約 25% 將用於能源相關用途，十年前這一比例為 15%。</p>
</div><p>In response to questions from the Securities Investors Association (Singapore), the company also said it does not actively hedge using financial derivatives like commodity futures. Instead, it prefers to manage the pricing risk through a “disciplined and selective forward sales strategy” and relies on physical forward contracts “where appropriate”.</p>
<div class="lb-trans"><p>在回應新加坡證券投資者協會的問題時，該公司還表示，它並不積極使用金融衍生品如商品期貨進行對沖。相反，它更傾向於通過 “有紀律和選擇性的遠期銷售策略” 來管理價格風險，並在 “適當的情況下” 依賴實物遠期合同。</p>
</div><p>Forward sales are capped at a maximum of 40 per cent of nucleus crude palm oil production and for a maximum of six months, added Bumitama Agri. Nucleus crude palm oil refers to crude palm oil produced from plantations directly owned, managed and operated by a palm oil company like Bumitama Agri itself.</p>
<div class="lb-trans"><p>布米達馬農業補充説，遠期銷售的上限為其核心粗棕櫚油生產的 40%，且最長為六個月。核心粗棕櫚油是指由像布米達馬農業這樣的棕櫚油公司直接擁有、管理和運營的種植園生產的粗棕櫚油。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5906860171348febd979d929e57958fc9390aa2c783d39d0e3ccc08721db1203/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/5906860171348febd979d929e57958fc9390aa2c783d39d0e3ccc08721db1203?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Malaysia to boost biodiesel use to cope with Middle East conflict fallout</h3>
<div class="lb-trans"><h3>馬來西亞將增加生物柴油使用以應對中東衝突的影響</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/ef06f218c504bc8ffec8fbba975282990f5c32e77fc3fb2ec8646927b83e9ac5/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/ef06f218c504bc8ffec8fbba975282990f5c32e77fc3fb2ec8646927b83e9ac5?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>prices climb 3% with Iran undecided whether to attend peace talks with US &#34; href=&#34;/companies-markets/energy-commodities/oil-prices-climb-3-iran-undecided-whether-attend-peace-talks-us?ref=article-see-also&#34; data-discover=&#34;true&#34;&gt;Oil prices climb 3% with Iran undecided whether to attend peace talks with US</h3>
<div class="lb-trans"><h3>隨着伊朗尚未決定是否參加與美國的和平談判，油價上漲 3%</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/d1d7f08b1c32adbb4f508eb51ca3b1bca106ba56ce9c9f2eb0ec8e11f3c608fe/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/d1d7f08b1c32adbb4f508eb51ca3b1bca106ba56ce9c9f2eb0ec8e11f3c608fe?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Wilmar sees limited impact from Middle East conflict, cites indirect cost pressures</h3>
<div class="lb-trans"><h3>Wilmar 認為中東衝突影響有限，提到間接成本壓力</h3>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中導航亞洲</h3>
</div><p>Get the insights delivered to your inbox.</p>
<div class="lb-trans"><p>將洞察力送到您的郵箱。</p>
</div><p>This “balanced” approach provides a certain level price visibility “while retaining sufficient exposure to spot market movements,” the company said. It noted that in 2025 it refrained from signing forward contracts as forward pricing was not deemed “sufficiently attractive” compared to spot prices.</p>
<div class="lb-trans"><p>這種 “平衡” 的方法提供了一定程度的價格可見性，“同時保留了對現貨市場波動的足夠暴露”，該公司表示。它指出，在 2025 年，它未簽署遠期合同，因為與現貨價格相比，遠期定價被認為 “吸引力不足”。</p>
</div><p>This allows Bumitama Agri to “remain disciplined and opportunistic, balancing downside protection with participation in favourable price environments”.</p>
<div class="lb-trans"><p>這使布米達馬農業能夠 “保持有紀律和機會主義，在保護下行風險的同時參與有利的價格環境”。</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解碼亞洲通訊：您在新的全球秩序中導航亞洲的指南。點擊這裏註冊以獲取解碼亞洲通訊。送到您的郵箱。免費。</p>
</div>

由於棕櫚油價格與原油價格同步上漲，布米達馬農業對油價上漲持 ‘淨積極’ 態度