Never before has world Vege rose to such spectacular prices like now.
Canola oil is up 60% from its highest world record USD600 to new world record above USD1,040 as Canola crop failed in Canada
If we benchmark Cpo prices from past Highest record of Rm4,000 to another 60% upside in tandem with Canola oil price rise
Then it will be Rm4,000 X 1.6
= RM6,400 (Will Cpo rise to reach Rm6,400 a ton?) Yet to be seen. But anything is possible as World weather now in Chaos
SOYBEAN OIL WILL SEE HUGE DEMAND FROM USA PIVOT TO RENEWABLE ENERGY (MANDATE OF JOE BIDEN ELECTION PROMISE WAS TO TURN FOSSIL FUELED REFINERIES INTO BIODISEL REFINERIES
AND SOYBEAN DEMAND FOR BIODISEL USE WILL GO UP THIS YEAR
SO WITH SKY HIGH PRICES OF CANOLA OIL (NO MORE PRODUCTION UNTIL END 2022) & INCREASING DEMAND FOR SOYOIL FOR BIODISEL REFINERIES CPO PRICES WILL REMAIN ELEVATED FOR ALL OF YEAR 2022 & BEYOND
THIS IS A VERY STRONG REASON WHY PALM OIL COMPANIES NOW ROARING WITH CASH INFLOW SHOULD SEE A COMING BULL RUN (Don't listen to Dirty IB Bankers & All Dirty Media telling you Cpo prices wil crash back. Or ESG lie against Palm oil. 4 BILLION STRONG CONSUMERS OF INDIA, CHINA, INDONESIA, PAKISTAN, THAILAND, VIETNAM, BANGLADESH & ALL MIDDLE EAST COUNTRES ARE USING PALM OIL EVERY DAY
SO WITH EARNINGS COME VERY HIGH PROFITS: THEN DIVIDENDS, SPECIAL DIVIDENDS, FREE BONUS & FREE WARRANTS. CASH INFUSED BIG PALM OIL COMPANIES WILL FOLLOW KLK EXAMPLE TAKING IJMPLANT PRIVATE ARE ALSO GOING TO TAKE PRIVATE SOME MID-TIER OR 3RD LINER PALM OIL STOCKS PRIVATE AS WELL
SO GO FOR PALM OIL RELATED SHARES.
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager