what is happening to palm oil? why is it at 10 years low?
https://tradingeconomics.com/commodity/palm-oil
temporary or permanent structural problem?
should contrarians be bullish?
considering palm oil is at 10 years low......fortunately Malaysia as a country also did well in diversifying its economy......
ps
It is estimated that there are 17 million hectares of mature palm oil plantations across the equator,producing a total of 62 million tonnes of palm oil in 2015. The second largest global vegetable oil, soya, takes up 120 million hectares, producing 48 million tonnes of soya oil.
Created by qqq3 | Sep 25, 2019
Created by qqq3 | Sep 23, 2019
Created by qqq3 | Sep 18, 2019
Palm oil is better than peanut & soyabean oil and cheaper too mah...!!
This is the best value oil u can find mah....!!
2019-01-23 15:37
so can rebound or not? taken with inflation, no wonder Felda settlers die already....
2019-01-23 15:39
When IOI and GENP and the like can make RM600 per ton CPO, why FGV (Felda settlers) made only RM40 per ton ???
2019-01-23 15:48
I think it is a structural issue with supply more than demand...Indonesia and Africa....
There is no uniqueness in it.
The government hopes bio diesel with change the fundamentals but cost effective meh? Anyone got any data?
2019-01-23 17:30
https://klse.i3investor.com/blogs/qqq3/191199.jsp
supply side...Indonesia? Africa?
demand side ....bio diesel can solve?
structural problem or temporary problem?
soya chart also 10 years low.
https://www.investing.com/commodities/us-soybeans-streaming-chart
Posted by qqq3 > Jan 24, 2019 12:11 AM | Report Abuse X
I think no hope.....10 years later also CPO low prices.....supply side....Indonesia , Africa,
competitors like soya also low due to advances in technologies.....
no hope.....
unless bio diesel can solve?
2019-01-24 00:12
Massive over supply scenario , as coming from Indonesia, huge supply in pipe line as more and more new trees came in maturity. Bio diesel also cannot solve the problem.Need slowly, switch to other crops,and make land use more effectively.
2019-01-24 08:52
https://www.carlist.my/news/bmw-shows-ill-effects-b10-biodiesel-cautions-against-october-introduction/14318/
Please do not use B10 biodiesel for your car! This warning from BMW.
I believe Benz also issued a similar warning.
2019-01-24 09:33
speakup
I believe Benz also issued a similar warning.
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like that...waiting to die la.
Theresa Kok can get Europeans to eat palm oil?
2019-01-24 17:05
It is estimated that there are 17 million hectares of mature palm oil plantations across the equator, producing a total of 62 million tonnes of palm oil in 2015. The second largest global vegetable oil, soya, takes up 120 million hectares, producing 48 million tonnes of soya oil.
look at this statistics.....they go blame palm oil.....
2019-01-25 02:57
the west keep attacking palm oil for environmental reasons but one statistics tells the true story.....It is estimated that there are 17 million hectares of mature palm oil plantations across the equator,producing a total of 62 million tonnes of palm oil in 2015. The second largest global vegetable oil, soya, takes up 120 million hectares, producing 48 million tonnes of soya oil. Palm oil 3.6 tonnes per hectare....soya 0.4 tonnes per hectare....a factor of 10 improvement over soya.........any fairness in this world, any thing based on facts in this world?
2019-01-25 15:50
just like stock market...a lot of opinions are just opinions......just based on hot air.
2019-01-25 15:52
this is encouraging....
https://klse.i3investor.com/blogs/savemalaysia/191524.jsp
2019-01-25 23:09
speakup
palm oil is bad for health. i boycott palm oil already
2019-01-23 15:20