From all EVIDENCES We can confidently say "PALM OIL CPO PRICES WILL REMAIN ELEVATED As Far As We Can See NOW
These are The FACTS AND THE FIGURES
Palm oil is only of the 4 Major Popular Vegetable Oils in Use. The other three are Sunflower Oil, Canola Oil & Soybean oil
And all are now insufficient on planet earth
1) SUNFLOWER OIL EXPORT STOPPED BY RUSSIAN BLOCKAGE OF UNKRAINE PORTS & RUSSIAN SUNFLOWER OIL IN TURN GOT EMBARGO DUE TO ITS WAR AGAINST UKRAINE
Right now there is very little Sunflower oil left as Export from Ukraine dried up.
Ukraine & Russia both made up of more than 50% of Sunflower oil export
By Mo Abbas, Matt Bradley and Yelyzaveta Kovtun
ZAPORIZHZHIA, Ukraine — The price of sunflower oil is soaring round the world, but Roman Tarasevich is stuck with a mountain of sunflower seeds he just can’t move.
Ukraine is the world’s biggest exporter of sunflower oil, but the Russian invasion has made farming, producing and shipping all but impossible, sending global prices higher and shoppers from London to New Delhi scrambling for limited bottles of the gold-colored liquid commonly used for cooking.
“We’re definitely going to take a financial hit, but right now I just don’t want to think about it and we’re carrying on working,” Tarasevich, 46, said, standing by the heap of unsold sunflower seeds at a farm warehouse in Zaporizhzhia in eastern Ukraine.
He appeared pained as he described how he had held onto last year’s harvest to negotiate a higher price, but like many Ukrainians was taken by surprise by Russia’s Feb. 24 invasion. Ports have since been blocked, fuel is scarce and insurance premiums are sky high.
More articles on THE INVESTMENT APPROACH OF CALVIN TAN
this preacher already sailang his underwear on palmoil now keep trying to get retailers to support his thesis. Say he long term investor but see the amount of articles he writes and then comments on his own articles! quite a character
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....