I always have faith with TDM. Palm Oil Trend is not goreng goreng trend like steel. It is a global trend that involve:- 1) Global Supply 2) Global Demand 3) Weather 4) Government & Tax policy (i.e. India import tax rate) 5) Industry policy (i.e. B30 Biodiesel) 5) Substitution (i.e. Soy bean)
Most important, it is the cheaper edible oil in the world!
This year the early cold frost in mid autumn affected the yields of soybeans in the northern countries .... creating a global shortage of soybean oil . The soybean oil replenish can only be known come September/ October 2020 ...whether success or not still not known now . Until then cpo prices is expected to increase further going forward towards sep/October 2020 . No shortcut , no monetary easing can address the soybean shortage issue .. So hang in there ... tdm ...
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 660 views | 3 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 651 views | 7 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bulldog
12,157 posts
Posted by bulldog > 2020-01-04 14:46 |
Post removed.Why?