Slowdown in Palm Oil Output

17 Oils & Fats Surplus/Deficit of Output vs. Usage

17 oils and fats in Oct/Sept 15/16:

Production deficit
Declining stocks
Appreciating prices

17 Oils and Fats World Output & Consumption (Mn T)

17 oils & fats in Oct/Sept 15/16:

Production only +2.7 mil tonnes
Total consumption growth to accelerate to 5.7 mil tonnes
Recovery in biodiesel, driven by Indonesia
Strong food demand

Daily Prices of Soybean Oil & Palm Oil (US$/T)

Palm oil output and stocks to decline from last year in Jan/June 2016. Palm oil prices jumped to US$640 in Indonesia. How will this affect biodiesel output? Assumption only +1 mil tonnes. Additional upward potential of US$40-80. Or more, if new production problems occur?