THE INVESTMENT APPROACH OF CALVIN TAN

MALAYSIA JUNE 21 EXPORT STATISTIC SHOWS THAT PALM OIL AT 33.3% GROWTH HAS OVERTAKEN OTHER GOODS, Calvin Tan Research

calvintaneng
Publish date: Wed, 28 Jul 2021, 11:25 PM
calvintaneng
0 1,802
Hi Guys,

I have An Investment Approach I which I would like to all.

This is the Latest Export Statistics

Malaysia's trade for 1H of 2021 rises 26 pct YoY to RM1.10 trillion

 

 

 

 

 

Exports of manufactured goods grew by 32.6 per cent YoY to RM509.33 billion, supported by higher exports of E&E products, rubber products, manufactures of metal, petroleum products, and chemicals and chemical products.

Exports of agriculture goods rose by 33.3 per cent YoY to RM42.32 billion, buoyed by higher exports of palm oil and palm oil-based agriculture products.

Exports of mining goods totalled RM31.65 billion, eased by 0.4 per cent on the back of lower exports of LNG.

 

KUALA LUMPUR: Malaysia's trade performance in June 2021 increased by 29.3 per cent year-on-year (YoY) to RM188.70 billion from RM145.90 billion recorded in the previous year.

Imports increased 32.1 per cent to RM83.23 billion from RM62.99 billion while exports rose 27.2 per cent YoY to RM105.47 million from RM82.91 billion, said Malaysia External Trade Development Corp (Matrade)

In a statement today, Matrade said Malaysia's exports recorded the 10th consecutive month of YoY expansion since September 2020 and were also the third time exports exceeded RM100 billion.

According to Matrade, Malaysia's trade, exports, and imports recorded the second-highest monthly value thus far after April 2021, the highest monthly value for June and double-digit growth for five successive months.

Exports of manufactured goods grew by 32.6 per cent YoY to RM509.33 billion, supported by higher exports of E&E products, rubber products, manufactures of metal, petroleum products, and chemicals and chemical products.

Exports of agriculture goods rose by 33.3 per cent YoY to RM42.32 billion, buoyed by higher

exports of palm oil and palm oil-based agriculture products.

Exports of mining goods totalled RM31.65 billion, eased by 0.4 per cent on the back of lower exports of LNG.

 

As you can "SEE" from the above 

EXPORTS OF PALM OIL & ITS RELATED GOODS AT 33.3% GROWTH HAS NOW

OVERTAKEN OTHERS AT 32.6% GROWTH 

 

THIS WILL SHOW UP LATER IN ALL PALM OIL COMPANIES' QUARTERLY RESULTS ONE

BY ONE IN AUGUST 2021 & VERY POSSIBLE AS GOOD FOR NOVEMBER 2021 & INTO

FEBRUARY 2022 RESULTS

 

Best Regards

 

Calvin Tan Research

 

Please buy or sell after doing your own due diligence. In doubt consult your own Remisier or Fund Manager

UZMA VERSUS DAYANG, PENERGY & CARIMIN (COMPARE & CONTRAST THEIR  PERFORMANCE)Calvin Tan Research - THE INVESTMENT APPROACH OF CALVIN TAN |  I3investor

 

THE NUMBERS TELL ALL WHAT IS TO COME!!

 

 

 

 

 

 

Discussions
1 person likes this. Showing 8 of 8 comments

calvintaneng

VenFx clicked likes

How are you VenFx?

Long time no see

2021-07-29 22:18

calvintaneng

One reason why palm oil is exporting in huge quantity to India is due to very high prices of other vegetable oils including soybean oil

Soy oil was less than USD33 last year.

Now Soyoil future has crossed USD67 (up 100%)


As a result India & others are turning to cheaper palm oil

2021-07-29 22:27

calvintaneng

And one reason why Soyoil prices will remain high from now onward is the need for soybean/corn as biodisel feed stock due to climate change

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/043021-phillips-66-starts-up-first-renewable-diesel-unit-at-rodeo-refinery

2021-07-29 23:26

stockraider

Go for it loh!

Go for gold mah!

2021-08-02 07:57

calvintaneng

Yes in during MCO many industrial product companies cannot operate but palm oil continues to be harvested

Plus all supermarket and minimarket also open and 50% of all Supermarket products got palm oil

Palm oil must go go go!

2021-08-02 16:40

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