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7 comment(s). Last comment by calvintaneng 2021-10-21 22:50

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 00:04 |

Post removed.Why?

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 16:06 | Report Abuse

USA got too much time on its hand and find fault with Supermax today causing sell off

Evidently USA now got glove supply from China so they are not afraid of not enough PPE.

This sell down of Glove caused across the board weakness in others

Actually this is the best of time to buy palm oil shares on weakness

USA only buy a very small amount of palm oil from Malaysia unlike medical gloves

Palm oil major buyers are India and China

So must differentiate the difference

Bizfuneng

883 posts

Posted by Bizfuneng > 2021-10-21 17:10 | Report Abuse

What about EU?

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 17:21 | Report Abuse

EU?
Their canola oil so expensive. Canola crop failure in Canada
UK & EU now suffering
Try to suppress palm oil but not enough Vege oil result in EMPTY SHELVES IN SUPERMARKET

See
https://www.independent.co.uk/news/uk/home-news/supermarket-shelves-food-supply-chain-b1925557.html

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 17:26 | Report Abuse

Today due to bad news from USA about ill treatment of workers by Supermax (fake news overblown?) there is a general sell down in Malaysia Palm oil shares
ACTUALLY A GOOD TIME TO BUY ON WEAKNESS AS BULL RUN INTACT

See Singapore Wilmar is up
https://sginvestors.io/sgx/stock/f34-wilmar-intl/stock-info

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 17:34 |

Post removed.Why?

calvintaneng

53,155 posts

Posted by calvintaneng > 2021-10-21 22:50 |

Post removed.Why?

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