Posted by Plantermen > 2019-11-04 09:29 | Report Abuse

IF we lose our biggest buyer { India} plus EU reduced demand for palm oil. Pla tations in for a tough time. Biodiesel { palm usage} not sustainable in the long run given gas oil price diffential. Not forgetting the African swine fever that wipes out China 40% of their poultry. Reduced demand for soymeal translate into lower SBO prices that will hit palm prices and China demand for the tropical oil usage. INDONESIA Estate fund for palm bio diesel subsidy insufficient for their B20 running short (forget B30} currently they are running short on their country balanced of payment subsidy will be will be channel into more urgent needed sector not the palm sector. Year end world wide stock will balloon up.