There is a fundamental change for Cpo due to whole world pivoting into clean green energy due to climate change and the use of Cpo biodisel will be a game changer
So the upcycle and downcycle of palm oil will be moderating to become sustaining
Another positive is the increase of human population and the decrease of land mass which will push up the price of palm oil
These are permanent structural shifts which are long-term favourable for palm oil
Very syiok after Ijm Plant was offered Rm3.20 by KLK (Up 72% in one month chun chun!!)
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