Posted by calvintaneng > 4 hours ago | Report Abuse

Well done

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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?