Posted by calvintaneng > 2024-08-24 20:36 | Report Abuse

Well done

clap
Clap
CLAP


Plus add these

1. Malaysia and Indonesia have banned further conversion of forest lands into palm oil or other uses. As such no more growth or increasing production of palm oil

2. On the other hand all palm oil lands in suitable locations are now being converted

Palm oil = Data Center
Palm oil = Solar farm
Palm oil = Industrial Park
Palm oil = New Townships

As such supply is ever decreasing while demand is constant

And Indonesia intends to turn B35 to B100 eventually and that will take up 77% of all Cpo produced leaving a mere 23% for local consumption like cooking oil

What will be the future price of palm oil then?

Posted by supersaiyan3 > 2024-08-25 11:13 | Report Abuse

亂噏廿四

Posted by Sslee > 2024-08-25 13:22 | Report Abuse

Did the author now what is the different between soy bean price and soy bean oil price?
Is palm kernal price and palm kernal oil price the same?

Posted by Sslee > 2024-08-25 13:44 | Report Abuse

Soybean Meal 306.50 USD per Ton 8/23/24 02:20 PM
Soybeans 9.53 USD per Bushel 8/23/24 02:20 PM
Soybean Oil 0.41 USD per lb. 8/23/24 02:20 PM

Posted by Sslee > 2024-08-25 13:51 | Report Abuse

Soybean Oil 0.41 USD per lb equal
0.41x 2204.62= USD 903.89 per MT
Myr 903.89 x 4.3746 = RM 3954 per MT

Posted by Balian de Ibelin > 2024-08-25 13:59 | Report Abuse

Month Palm oil Price (US Dollars per Metric Ton) Soybean Oil Price (US Dollars per Metric Ton) Palm oil ROC Soybean Oil ROC Palm oil / Soybean Oil Price Ratio
Jul 2019 543.88 748.17 - - 0.7269
Aug 2019 586.12 793.21 7.77% 6.02% 0.7389
Sep 2019 580.30 779.25 -0.99% -1.76% 0.7447
Oct 2019 591.35 770.80 1.90% -1.08% 0.7672
Nov 2019 683.38 774.91 15.56% 0.53% 0.8819
Dec 2019 769.93 820.59 12.66% 5.89% 0.9383
Jan 2020 834.85 873.66 8.43% 6.47% 0.9556
Feb 2020 728.81 800.41 -12.70% -8.38% 0.9105
Mar 2020 636.25 747.80 -12.70% -6.57% 0.8508
Apr 2020 608.88 679.98 -4.30% -9.07% 0.8954
May 2020 576.56 684.78 -5.31% 0.71% 0.8420
Jun 2020 656.49 755.71 13.86% 10.36% 0.8687
Jul 2020 694.16 821.11 5.74% 8.65% 0.8454
Aug 2020 760.30 866.94 9.53% 5.58% 0.8770
Sep 2020 796.22 905.86 4.72% 4.49% 0.8790
Oct 2020 819.27 914.77 2.89% 0.98% 0.8956
Nov 2020 917.81 973.88 12.03% 6.46% 0.9424
Dec 2020 1,016.37 1,026.20 10.74% 5.37% 0.9904
Jan 2021 990.27 1,098.67 -2.57% 7.06% 0.9013
Feb 2021 1,019.86 1,123.50 2.99% 2.26% 0.9078
Mar 2021 1,030.48 1,284.81 1.04% 14.36% 0.8020
Apr 2021 1,078.05 1,386.35 4.62% 7.90% 0.7776
May 2021 1,136.46 1,574.67 5.42% 13.58% 0.7217
Jun 2021 1,004.42 1,518.16 -11.62% -3.59% 0.6616
Jul 2021 1,062.99 1,468.34 5.83% -3.28% 0.7239
Aug 2021 1,141.82 1,433.94 7.42% -2.34% 0.7963
Sep 2021 1,181.38 1,398.75 3.46% -2.45% 0.8446
Oct 2021 1,310.25 1,483.52 10.91% 6.06% 0.8832
Nov 2021 1,340.65 1,442.96 2.32% -2.73% 0.9291
Dec 2021 1,270.29 1,411.21 -5.25% -2.20% 0.9001
Jan 2022 1,344.79 1,469.56 5.86% 4.13% 0.9151
Feb 2022 1,522.36 1,595.74 13.20% 8.59% 0.9540
Mar 2022 1,776.96 1,956.88 16.72% 22.63% 0.9081
Apr 2022 1,682.74 1,947.51 -5.30% -0.48% 0.8640
May 2022 1,716.92 1,962.88 2.03% 0.79% 0.8747
Jun 2022 1,501.10 1,751.76 -12.57% -10.76% 0.8569
Jul 2022 1,056.64 1,533.40 -29.61% -12.47% 0.6891
Aug 2022 1,025.95 1,598.78 -2.90% 4.26% 0.6417
Sep 2022 909.32 1,548.32 -11.37% -3.16% 0.5873
Oct 2022 888.99 1,575.90 -2.24% 1.78% 0.5641
Nov 2022 945.74 1,651.60 6.38% 4.80% 0.5726
Dec 2022 940.39 1,409.24 -0.57% -14.67% 0.6673
Jan 2023 941.97 1,351.77 0.17% -4.08% 0.6968
Feb 2023 949.98 1,243.01 0.85% -8.05% 0.7643
Mar 2023 972.06 1,113.19 2.32% -10.44% 0.8732
Apr 2023 1,005.24 1,029.97 3.41% -7.48% 0.9760
May 2023 934.06 988.32 -7.08% -4.04% 0.9451
Jun 2023 816.97 1,007.12 -12.54% 1.90% 0.8112
Jul 2023 878.50 1,135.74 7.53% 12.77% 0.7735
Aug 2023 860.82 1,126.53 -2.01% -0.81% 0.7641
Sep 2023 829.60 1,111.63 -3.63% -1.32% 0.7463
Oct 2023 804.26 1,133.87 -3.05% 2.00% 0.7093
Nov 2023 830.47 1,118.39 3.26% -1.37% 0.7426
Dec 2023 813.51 1,062.48 -2.04% -5.00% 0.7657
Jan 2024 844.90 971.46 3.86% -8.57% 0.8697
Feb 2024 856.93 911.90 1.42% -6.13% 0.9397
Mar 2024 942.92 964.95 10.03% 5.82% 0.9772
Apr 2024 935.69 958.56 -0.77% -0.66% 0.9761

Soyabean oil prices usually much higher than palm oil.
look at second figure from left

Posted by Balian de Ibelin > 2024-08-25 14:02 | Report Abuse

planting soyabean oil is much more profitable due to high mechanization.
even though land yield is lower, land prices are cheap in US

Posted by Sslee > 2024-08-25 14:38 | Report Abuse

Palm tree, one fruit, two different oil (CPO, PKO), many thousands of posibilities/products and million of opportunities.

In facts palm oil plantation empower rural/local communities with gainful employment, brought in the much need economy activities and social facilities to local communities and contributed much needed foeign currency to the country and tax to the government.

know how many people benefited from season oil crop?
Land owner, bankers, seed suppliers and fertiliser suppliers. As not much employment opportunities and economy activities are created to benefit the local communities


By Anis Zalani
Wednesday, 21 Aug 2024 1:43 PM MYT
KUALA LUMPUR, Aug 21 — Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani underscored the critical role of his ministry in driving the national economy today, revealing that it contributes nearly RM160 billion in exports.

He said that palm oil alone accounted for over RM100 billion of that total.

Johari also highlighted that the palm oil sector sustains more than 1.25 million jobs across the country, including 550,000 smallholders.

In terms of palm oil production, he said Malaysia manages 1.5 million hectares of land cultivated by smallholders, compared to 4.2 million hectares by the private sector.

Posted by Balian de Ibelin > 2024-08-25 14:44 | Report Abuse

You cannot stop progress
palm oil without palm tree will come sooner than most people expect.

will be just like a catalytic tower of bacteria.


https://www.nytimes.com/2024/03/09/climate/palm-oil-lab-startup.html
How is your product made?

SHARA TICKU We make an oil that looks and functions just like a palm oil, but we make it from yeast, not from trees. We think of it as bio-designed. It is natural. It’s grown in a lab, only the way beer or wine is grown in a lab.

CHRIS CHUCK We can take food waste, a carbohydrate source, and process it very simply and then feed that to the yeast.

TOM KELLEHER These yeast, if you overfeed them with a lot of sugar, they put on fat. We overfeed them and they swell into a round ball that is almost entirely oil.

The technology is exactly like beer. 😁
We have already done that.

Posted by Balian de Ibelin > 2024-08-25 14:49 | Report Abuse

the most horrifying thing is that the above sound exactly like human cells.
Maybe MikeCheatYouCrazy is just like that with bouncing fat as he walks. 😯
just cut some off to sell as cooking oil.

Posted by Sslee > 2024-08-25 15:02 | Report Abuse

If you look into past 5 years Malaysia CPO production of less than 20 million and Indonesia production of less than 50 million. It can only mean no more new planting (deforestation) was allowed any more.

The average per hectare yield of 3-5 MT is still very low compare to palm tree potential of 10-20 MT. So what needed is the West to work together on seedling R&D and best plantation practices to increase the production yield without anymore need for addition land or even better to return plantation land to forest if only those Scientist can increase the yield.

Posted by Sslee > 2024-08-25 15:05 | Report Abuse

MM already making cocoa butter subsitute from palm and also milk fat POP from palm.

Posted by Balian de Ibelin > 2024-08-25 20:37 | Report Abuse

soya bean oil historically always more expensive due to higher demand since it has a slightly higher smoke point. 453-493°F

since many caucasians set oven temperature at 450F, they dun use palm oil smoke point 450F, no margin of error and palm oil usually smokes and food gets weird smell.

simple reason, there is no conspiracy, Area 51 or bans etc

Posted by calvintaneng > 2024-08-25 20:49 | Report Abuse

The best kept secret is this

Palm oil palmitic content is 44% which is 400% better than soyoil palmitic acid content


Palmic acid is used in

1. Senior Citizen Milk Formula like Ensure Milk

2. In 80% to 90% of all infant formula for growth

3 In pet food


So the West is still buying this byproduct from palm oil which offer the most solid life growth supporting ingredient

see

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6331788/#:~:text=As%20shown%20in%20Table%201,5%2C7%2C16%5D.

Posted by calvintaneng > 2024-08-25 20:57 | Report Abuse

One main reason why palm oil palmic acid is used in Infant milk formula is due to the mother's milk content which has up to 25% or more of palmic acid

and that is why USA has to import Palmic acid from Spore after banning Simedarby and others from Malaysia

there is no enough palmic acid content from soyoil


https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7071444/#:~:text=Palmitic%20acid%20(C16%3A0),milk%20during%20lactation%20%5B9%5D.

Posted by EngineeringProfit > 2024-08-25 21:31 | Report Abuse

Are you sure, Calvin? The claim about the USA importing palmitic acid from Singapore after banning imports from Malaysia is partially misleading. The United States does import palm oil derivatives, including palmitic acid, but these are sourced from multiple countries, including Malaysia and Indonesia. The idea that the USA would need to import specifically from Singapore due to bans on Malaysian products is not substantiated. While there have been some import restrictions on palm oil from Malaysia due to concerns over labor practices, these do not broadly affect all palm oil products.

Posted by Sslee > 2024-08-25 21:57 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2019-02-02-story-h1457009258-Love_our_Palm_Oil_Part_I_Palm_Oil.jsp

Soyoil is not heat stable (oxidized easily) due to the present of high polyunstaturated C18" and C18'"

Wherease palm oil is heat stable due to high only high monounsaturated C18' and low in polyunsaturated C18"

Palmatic acid is used as animal feed for milk cow as feed supplement/formulation to induce high milk production

Milk fat is high on POP triglyceride palmatic-oleic-palmatic.
POP fat can be manufactured by esterification of 2 molecule palmatic acid + 1 molecule of oleic acid with 1 molecule ofvglycerin to 1 molecule of POP fat.

Posted by calvintaneng > 2024-08-26 02:26 | Report Abuse

Engineering profit


See the news when Usa banned Simedarby plant and Fgv import

See

https://themalaysianreserve.com/2021/06/29/us-cbps-inquiry-in-labour-practice-could-hurt-iois-valuation/