Posted by MuttsInvestor > 2021-08-02 17:46 | Report Abuse

RHB analysis LAST week was RM3,200( for 2021 ). Thus remaining 2 Half at Rm2,300. However ..Now at Rm 3,400 to 3,600 ( for 2021 ). Thus ... Say 3600x2 - 4100( Ave 1H of 2021) = Rm3,100 for 2H 2021. Current Price is Rm4000 ( for JulY 2021). So .... remaining Aug till Dec 2021 at Rm 2,500 to 3,400 ??? LoL .... NOT likely to DROP below Rm3,500 ( For REST of 2021 ). PS:- Total Amateur about CPO here !!!

Posted by MuttsInvestor > 2021-08-02 18:09 | Report Abuse

https://www.marketscreener.com/quote/future/CRUDE-PALM-OIL-16222/ Today Price at US 1,015/t !!!!!!! Above US1,000 .......

Posted by i3lurker > 2021-08-02 18:12 | Report Abuse

a whole city of palm oil companies are making losses at this new high high normal palm oil high price.....

maybe thats exaggerated a bit lah,
some lah making losses at new high high normal palm oil high price.

Posted by MuttsInvestor > 2021-08-02 18:14 | Report Abuse

Creative Reporting/Accounting . Easy Way to Avoid Paying Taxes.

Posted by calvintaneng > 2021-08-02 18:27 | Report Abuse

Palm oil prices will stay elevated due to these powerful reasons

1. Us Fed money printing will debase paper currency value and lift up value of real assets and commodities which man cannot print at will

2. Drought in USA depletes Soy and corn

3. Floods in China

4. Climate change pivoting renewable energy for biodisel support soy and Palm oil

5. Malaysia MCO prevent importation of Indon fruit harvesters

All these are supporting factors for high palm oil prices

Can expect palm oil bull run soon