Posted by MuttsInvestor > 2021-07-13 11:48 | Report Abuse

HL Bank Research ........ Better you guys LOOK at the BROADER picture. 1.61 million tonnes is NOTHING. 1 Months EXPORTS is about 1.2m on average. Stocks is Currently at VERY " TIGHT " levels . Considering COVID is raging in BOTh Indonesia and Malaysia ..... Prepare to HAVE significant LESS stocks in July/Aug. Your statement .." We maintain our average CPO price assumptions of RM3,200/mt for 2021, as we continue to hold the view that CPO price will trend down more noticeably in 2H21."..... What a JOKE!!! First Half ~ rm4100.To trend to Rm 3,200 for 2021 .......>>> ( 4100 + XXX ) / 2 = 3,200. Thus XXX = (3,200x2) - 4100. XXX = Rm 2,300 !!!!! ( July till Dec )prices . Better if you GUYS 'WAKE UP' . USDA (American) gave a MORE accurate prediction than you GUYS. "Embarrassing"!!!

Posted by calvintaneng > 2021-07-13 11:58 | Report Abuse

We are now in July 13th 2021 (the 2nd Half of 2021 where "experts" have predicted that CPO will "crash back" to Rm2,500

See what is the Actual Figures

http://mpoc.org.my/daily-palm-oil-price/

https://www.tradingview.com/symbols/MYX-FCPO1%21/

And since Cost of CPO production ranges from a low of Rm1,465(Thplant) to a high of Rm1800 per ton ALL PALM OIL COMPANIES Are now making more than 100% Profits

This is not a One Off but SUSTAINED PROFITS MONTH AFTER MONTH TILL END 2021 & GOING INTO YEARS 2022/2023 & Etc Etc...

This confirmed A New Trend in Strong Real & Incremental Earnings for All Palm Oil Companies notwithstanding the market still overlook its potential

Posted by s3phiroth > 2021-07-13 12:40 | Report Abuse

Indonesia new cavid cases already out of control, just like India a few months ago. Full lockdown imminent and watch CPO rally to the moon!