Hi guys
So much hype on ESG on Palm oil
EU wanted to phase out Palm oil?
Now they are SUFFERING THE CONSEQUENCES OF VERY VERY HIGH CANOLA OIL PRICES
See Canola Price Chart
PALM OIL BROKE ITS WORLD RECORD PRICE OF RM4,000 TO REACH RM5,000 OR UP BY ANOTHER 25%
CANOLA BROKE ITS WORLD RECORD USD600 TO REACH USD1,000 (UP A WHOPPING 66% ABOVE PAST WORLD RECORD TO UNBELIEVABLE NEW WORLD RECORD)
SO EU WILL SUFFER FROM VERY HIGH INFLATION BY REJECTING PALM OIL FOR THE VERY EXPENSIVE CANOLA OIL
ANY OTHER ALTERNATIVE?
OLIVE OIL WHICH IS EVEN MORE EXPENSIVE THAN CANOLA OIL
WHAT IS THE REPERCUSSION ON EU?
SEE
CAN EXPECT MASSIVE FOOD INFLATION & THEN STARVATION IF NO CHEAPER PALM OIL
Warm regards
Calvin Tan
Republic of Singapore
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Canola oil is slightly different from rapeseed oil. Canola and rapeseed oil has nothing to do with palm oil. Both are not extracted from palm oil. Pls dont mislead..
2021-10-28 23:32
how to differentiate between canola oil and rapeseed oil?
Example is
The 1st Proton Saga was actually made from the mold of Mitsubishi Lancer F of Japan
Or the 1st Perodua Kancil is actually the rebadged Daihatsu Mira from Japan
2021-10-29 00:07
Europe ban palm oil bcos of deforestation. moreover, palm oil is bad for health. It is very high in saturated fat content.
2021-10-29 00:23
Is this price per metric tonne? if yes, then palm oil is still more expensive than canola.
2021-10-29 12:16
And compare with 5 liter Canola oil at $13.95 (Rm44.60)
https://www.amazon.sg/OKI-Canola-Oil-5L/dp/B07HFRBDG4/ref=asc_df_B07HFRBDG4/?tag=googleshoppin-22&linkCode=df0&hvadid=389056030041&hvpos=&hvnetw=g&hvrand=2473610331618935128&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9062499&hvtargid=pla-826054928814&psc=1
2021-10-29 12:52
Should accumulate more palmoil share...as share price still cheap & undervalue mah!
2021-10-29 13:40
poor countries would not be able to afford expensive oil such as olive oil, sunflower oil, canola oil, etc for daily cooking and food processing. That's y palm oil are still mostly used by countries such as India, Pakistan, SEA countries. China is also using lot of palm oil because they not supporting EU on their expensive oil though China still import those oil from EU as part of their trades and to serve the wealthier citizen. In fact EU also used lot of palm oil for food processing. Not direct sell to their citizen in the retails but in food processing industry.
2021-10-29 14:41
Not only that olive oil not good for cooking mah!
The oil cannot stand high temperature unlike palmoil loh!
2021-10-29 14:49
Goh,you discredit palm oil without knowing the full facts like a parrot mimicking the wise white protectionist. What a shame. Take some time to read up about the nutritional values of palm oil and understanding how sustainable oil palm will help against Global warming. Try to broaden your knowledge and outlook in life.
2021-10-29 19:08
ooi8888
哎呀呀,陈大师啊,陈大师啊,咱们佛家子弟最喜欢的是香油,你说对不对?
2021-10-28 22:21