Plantation Companies
Dryness without El Nino
Speakers at 2014 Palm Oil Conference are cautiously bullish due to weather and biodiesel demand. Factors to watch: weather anomalies, soybean logistic issues/crop damage, hoarding by Argentine farmers, and crude oil price volatility. Price strength may continue as seasonally higher 2H14 output is at risk; FY14-16F CPO prices under review. Risks: Slowdown in China, QE tapering, currency volatility, US shale gas.
Source: HwangDBS Research - 6 Mar 2014
Created by kltrader | Jan 03, 2023
Created by kltrader | Sep 30, 2022