Dear Investors of i3 Forum,
There is a very wrong belief out there. People think Palm oil bull run is over just like Glove Bull run did.
THIS IS TOTALLY WRONG!
Why we think Palm Oil Bull Run will outlast Glove Bull run for years more
1) Glove Bull got China Factor
China now awakened could start New Glove Factories to churn out Gloves 24 hours a day 7 days a week non stop by Robots
As such there is fierce competition from China Glove Dumping
China however, cannot produce Palm oil like they produce Gloves. Because it takes 5 years to plant & make the 1st Drop of Cooking Oil
So while there is no barrier of entry for gloves there IS HUGE TIME BARRIER OF ENTRY FOR PALM OIL
Gloves are manmade while Palm oil grows by nature
2) While Glove face competition from China Plus Vaccine (Vaccine wiping out Virus like Atom Bombs obliterated Hiroshima) the Competitors of Palm oil are ALL IN TROUBLE
A) SUNFLOWER OIL IN TROUBLE
UKRANE HAS ONLY PLANTED 50% OF ITS SUNFLOWER. SO THERE WILL BE GREAT SHORTAGE OF SUNFLOWER OIL RIGHT UP TO END 2022 PLUS YEAR 2023 AS WELL
B) CANOLA OIL
Due to last year's Drought Canadian Farmers are planting less Canola by 7%
And now there is no certainty that drought will not repeat next few months again
C) SOYOIL
USA IS PIVOTING INTO RENEWABLE ENERGY. LOTS OF REFINERIES ARE CONVERTED TO USE BIOFUEL FROM SOYBEAN
As such Soyoil prices will remain high
More so as Brent Crude oil crossed USD120
D) WORLD POPULATION INCREASED BY 320 MILLION PEOPLE WHILE THERE IS TOTAL STOPPAGE OF CONVERSION OF PALM OIL FROM FOREST LANDS
Since year 2018 both Indonesia & Malaysia have banned conversion of forests into new Palm oil estates
These 4 years we see population growth by 80 million years (1% growth of World 8 Billion people)
4 years mean 320 million more mouths to feed
DEMAND KEEP ON INCREASING WHILE NO MORE EXTRA SUPPLY
SO WITH LACK OF PRODUCTION AND EVER INCREAING DEMAND PALM OIL PRICES WILL REMAIN HIGH ALL OF YEAR 2022 & POSSIBLY RIGHT UP TO YEAR 2024
JUST STOP LISTENING TO THOSE STUPID PEOPLE WHO THINK PALM OIL BULL WILL END LIKE GLOVE BULL
FAR FROM IT
PALM OIL BULL WILL YET TURN INTO A ONCE A CENTURY SUPERBULL
SO STAY INVESTED
BEST REGARDS
Calvin
Please buy or sell after doing your own due diligence or Consult a Wise Remisier or Wise Fund Manager
Created by calvintaneng | Apr 07, 2023
Created by calvintaneng | Mar 31, 2023
Created by calvintaneng | Mar 25, 2023
Created by calvintaneng | Mar 11, 2023
Gloves bull run ended due to supplies exceeded demands. Although palm oil share price retreated but palm oil demands will continue to exceed supplies in years to come.
2022-06-07 13:52
Exactly
there are so called gurus out there telling people palm oil bull will end up like glove which is very very wrong and lead people to Holland
2022-06-07 14:11
Exactly
there are so called gurus out there telling people palm oil bull will end up like glove which is very very wrong and lead people to Holland
2022-06-07 14:11
why are they so wrong?
they never do diligent study on supply and demand
they only see short term price movements and tell people to sell without understanding long term fundamental
The best years of strong earnings for palm oil will outlast gloves for years
2022-06-07 14:14
palm oil will partly follow the price of fossil crude oil ,the reason is Indonesia would use B30 biodiesel for transport energy. that amount to 9 millions ton of palm oil annually. crude oil currently projected to go 140-160 usd per barrel.
2022-06-07 15:08
Correct
Indonesia as well as EU, USA and Brazil all also using palm oil sunflower oil, canola oil and soyoil as biofuel
If crude oil high then more will be converted to fuel from food
2022-06-07 19:23
And food crisis continues. Richer countries pay higher price for foods, poorer countries struggling to obtain foods and some would be on the brink of famine.
2022-06-07 21:06
Remember, almost all analysts got CPO price forecast wrong. They only upgraded their calls when their previous hold/sell calls can no longer hold. It's obvious that they got vested interests. Just buy and hold, like Pinky.
2022-06-07 21:56
But of course have to be selective. Look for those with proven track record, and pays dividends! Those that hoard cash, DUMP!!!
2022-06-07 21:59
Hs plant pays dividends twice a year
By Aug 2022 should see another high dividend from hs plant
2022-06-07 22:17
happy morning
sensonic
you better Join the palm oil upcoming Super bull run time
then you will change name from sensonic to SUPERSONIC
2022-06-08 08:26
2022-06-08 22:29
canola oil last record was usd600
now at usd1110 is new world record
palm oil will be high and earn record profits as well
2022-06-08 22:30
calvintaneng
This post full of important facts
2022-06-07 12:22