The sudden clamp down on illegal steel imports from China plus China reigning in unproductive steel mills have resulted in a shortage - thus leading into a spike of price increase in long steel bars.
Those who bought Long Steel Bar counters at dirt cheap unwanted prices have suddenly made a huge windfall.
You missed the Steel Counters Price Surge? Never mind.
There is a More Powerful & Gradual Price Surge for
If you are so sure abt cpo trend,go long the cpo futures and make millions.Why buy palm oil counters?Will they rise in tandem with cpo prices? That is why you are only a half baked sifu wannabe.
U are right on the lower competition from soybean oil. But not from corn oil and peanut oil. These are too small oil to compete with palm oil in terms of volume.
Your lack of empathy for your fellow human beings is simply ASTOUNDING. You seem to be celebrating when the world is starving just so you can make some money. Pls take this rubbish elsewhere. Do not contaminate i3.
Agree. El-Nino will cause CPO output to drop so not all planters will benefit.
Posted by klee > Apr 23, 2016 11:58 AM | Report Abuse If you are so sure abt cpo trend,go long the cpo futures and make millions.Why buy palm oil counters?Will they rise in tandem with cpo prices? That is why you are only a half baked sifu wannabe.
FayeTan U are right on the lower competition from soybean oil. But not from corn oil and peanut oil. These are too small oil to compete with palm oil in terms of volume. 23/04/2016 13:11
Yes, CPO main competitor is from Soy Oil. However, the entire ocean is made up from each drop of water.
So the depletion of rice, maize, soy, wheat, barley and all other food crops will also cause all food prices to go up due to a synchronized shortfall.
As a result CPO prices will go up as demand will continue to exceed supply.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4536 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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calvintaneng
56,038 posts
Posted by calvintaneng > 2016-04-23 11:53 | Report Abuse
Hi Guys,
The sudden clamp down on illegal steel imports from China plus China reigning in unproductive steel mills have resulted in a shortage - thus leading into a spike of price increase in long steel bars.
Those who bought Long Steel Bar counters at dirt cheap unwanted prices have suddenly made a huge windfall.
You missed the Steel Counters Price Surge? Never mind.
There is a More Powerful & Gradual Price Surge for
ALL OIL PALM COUNTERS DUE TO EL NINO & LA NINA
Get on Board now while they are still SO CHEAP!
THE INVESTMENT GOING INTO 2016, 2017 & 2018
WILL BE OIL PALM COUNTERS!