BFM Podcast

CPO Prices Flying High

Tan KW
Publish date: Wed, 20 Oct 2021, 11:46 AM
CPO Prices Flying High

20-Oct-21 09:15

Ong Chee Ting, Regional Plantation Analyst, Maybank Investment Bank

Palm oil prices have been on a bullish trend like all other commodities. Ong Chee Ting, Regional Plantation Analyst from Maybank Investment Bank tells us the reasons for this and whether it is sustainable. He also weighs in with his top picks for the sector.

Image credit: Shutterstock.com

Discussions
Be the first to like this. Showing 4 of 4 comments

calvintaneng

Post removed.Why?

2021-10-21 01:50

calvintaneng

Post removed.Why?

2021-10-21 01:54

calvintaneng

It takes only 10 minutes to print a million Us dollar

You need at least 4 to 5 years scouting for land, plant palm seedlings, wait for it to mature and then harvest

So by printing Fiat money out of thin air USA will destroy value for all

The only recourse is to raise prices by very high prices

Just like the Japanese banana currency collapsed after they surrendered at the end of 2WW

Bundles of banana notes were used to buy food until it was worthless

So will be the fate of printed fake money eventually

2021-10-21 01:58

Mabel

Calvin is smart!

Cheers Calvin!

Meow Meow Meow

2021-10-22 00:29

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