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4Th Floor, Clarendon House 52 Cornmarket Street
Oxford, Oxfordshire,OX1 3HJ
LMC International is a privately owned company, founded in 1980, now with offices in Oxford, New York, Singapore and Kuala Lumpur. In Latin America we work closely with a partner organisation, Canaplan, in Sao Paolo. LMC provides market intelligence and anal... more.
9th indonesian Palm Oil Conference and 2014 Price Outlook - Speakers Profile
James Fry, LMC International Ltd James Fry, LMC's Chairman, was educated at Oxford University, where he obtained an MA in Mathematics and a Doctorate in Economics. After teaching economics at Magdalen College, Oxford University, in 1980 Dr. Fry jointly founded LMC International, and is the company's chairman. He continues to devote almost all his time to the company's research and consultancy activity and he is in over all charge of its work in commodity-based sectors. Download PDF
Dr James Fry, joins the Advisory Board of the Pictet-Agriculture fund.
There are now three advisors providing valuable support to the fund management team. Dr Fry is Chairman of LMC International Ltd, a renowned independent consultancy specialising in the economic and market analysis of crops, agricultural commodities, and agro industrial as well as downstream products. He is widely recognised as one of the world's leading authorities on agricultural commodities and their markets. In this function, he is often asked to provide advice to private and public sector clients, to lead major projects funded by international organisations, and to speak at international conferences and symposiums.
Dr. Fry, LMC's Chairman, was educated at Oxford University, where he obtained an MA in Mathematics and a Doctorate in Economics. After teaching Economics at Magdalen College, Oxford University, in 1980 Dr. Fry jointly founded LMC International, and is the company's Chairman. He continues to devote almost all his time to the company's research and consultancy activity and he is in overall charge of its work in commodity-based sectors.
KLCI extends decline on CIMB, Axiata losses - Business News | The Star Online
LMC International Ltd Chairman Dr James Fry said crude palm oil (CPO) prices are likely to fall to about RM2,250 per tonne by year-end just as production has begun to recover after the El Nino.
CPO for third month fell RM6 to RM2,708 per tonne.
CPO prices could fall to RM2250 per tonne by year-end - Business News | The Star Online
LMC International Ltd Chairman Dr James Fry said the La Nina phenomena was also short-lived, hence speculation was now rife that there would be another round of the El Nino.
"There is also good production of rapeseed oil, soybean oil and sunflower oil, mainly from Argentina and Brazil, which means there will be increased supply of vegetable oils including palm oil, which will result in higher CPO stocks," he told Bernama. He earlier presented his outlook on the supply, demand and prices for vegetable oils at the Malaysian Palm Oil Boards Advisory Committee Seminar 2017. Fry said Malaysia's CPO output growth would reach 22.5 million tonnes this year, an increase of more than five million tonnes, compared with last year's output of 17.3 million tonnes. "But the growth in January-February this year was more rapid when compared to levels recorded way back in 1999 when output nearly touched 22 million tonnes. "Our forecast puts 2017's CPO output at 19.6 million tonnes, with a slowdown expected in the second quarter, but it will still be 2.2 million tonnes ahead of 2016's production," he said. Fry noted that the recent issues raised in Europe on palm oil's sustainability, would also contribute to the weakening demand for the commodity. "When CPO costs much more than diesel, the mandate has to be kept small, as the CPO Fund would not be able to subsidies a large amount," said Fry, adding that the Indonesia CPO Fund would pump in some US$750 million in biodiesel subsidies this year. Fry said the Indonesian mechanism may not be enough to absorb the upward pressure in CPO stocks, but it would help moderate the rise, suggesting that Malaysia could adopt a similar mechanism. - BERNAMA