if you can take things out of context , I can too.
Government debt as percent of GDP in South East Asia: The highest value was in Singapore: 152 percent and the lowest value was in Brunei: 2.86 percent. The indicator is available from 1960 to 2021.
says IMF not by some media controlled by m'sia gov
other than that, Stanchart says
As a result, StanChart has maintained its view of 75 basis points (bps) of hikes in 2022.
"We expect two more hikes, in July and September (we drop our Q4 hike expectation given this week's move), taking the overnight policy rate to 2.5 per cent by end-2022. We then expect a pause (see Bank Negara begins normalisation with 25bps hike)," they said.
dalam satu hari aja minyak bisa lompat naik dan turun
sabar la
USD30 tak ada cukup kah? sudah jual shares banyak kah?
Posted by TanDavid88 > May 21, 2022 11:23 AM | Report Abuse
SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) https://www.tradingview.com/symbols/NYMEX-D1N1%21/ 30.499 only. Mana ada USD37.00. Pls post betul one loh.
Nowadays one go out,you see traffic jams everywhere.Go airport,you see planes everywhere.All these cars n planes need fuel,n fuel is in severe shortage.Ron 97 has doubled,will it rise to rm5?Very likely.
Asia gasoline crack ended Usd37.27 today and will possibly stay elevated next week. Have a good weekend everyone! -------------- @valueguru sifu, Sila beritahu bagaimana atau apa website bolih dapat USD37.27. I sudah cari satu hari juga tak dapat USD37.27. I want to learn from you.
This is in case any investors are still confused how hedging works and that hedging gain or loss is purely to show the opportunity gained and the loss opportunity respectively if at all hedging were not made.
The margin expected during hedging will always be realized.
Hengyuan only hedges about 25% of quarterly sales volume in a quarter looking at its contract size. This is inline with any refinery standard practise.
Further, hedging is only maximized when margin is thin (high risk) to ensure they generate money to support the S&A cost (wages), and not when margin is erupting..
With record-high diesel and gasoline prices across the country, oil industry analysts told Transport Topics the runaway energy market isn’t being caused exclusively by higher crude prices or the U.S. economy driving demand for petroleum products.
Rather, it mostly is caused by a severe shortage of refining capacity, especially on the East and West Coasts, to produce oil into gasoline, diesel and other critical energy products.
..
“The big picture on diesel is a slow-moving nightmare,” oil industry analyst Phil Flynn told TT. “We have closed a lot of refineries, and those were big producers. There is a global shortage of capacity, and we are losing the refining capacity faster than we can replace it. There is no easy answer here.”
Asian gasoline cracks scale new heights following Ulsan refinery explosion.
Asian gasoline cracks soared to new highs on Friday after an explosion at a South Korean refinery compounded an already-tight regional supply picture.
Trade Friday saw a 92 RON cargo for loading 20-25 days ahead sold by Total to Vitol at $148.90/b. PetroChina sold 95 RON to Vitol for the same laycan at $157.20/b FOB.
Taken as value, the deals lifted refining margins to Brent to new highs as the 92 RON spot crack to Brent was marked $4.99/b higher at +$38.74/b and 95 RON a massive $8.32/b at +$47.04/b.
The move comes after an explosion at alkylation processing unit of the 580,000 bpd Onsan refinery left eight injured.
Owned by S-Oil, the refinery is the world's fifth-largest and any restriction of supply will put regional import pressure on an already-tight global market.
The jump was seen in the overnight market, with the east-west spread jumping by the European close on Thursday.
It comes against a backdrop of booming products demand, with tight supply as the global economy reopens from the Covid-19 pandemic having driven cracks to record highs even before Thursday’s accident.
Either you use a refinitiv terminal or you have access to reuters news feed. Otherwise you get gasoline crack info from other news site like this. You can see the number they quote is the same as mine but just that mine is earlier.
NEW DELHI: Asia’s gasoline crack hit yet a record high on Friday and posted a weekly gain of over 20% after South Korean refiner S-Oil suspended production of several processing units following a blast at its Onsan refinery.
The refining profit margin for gasoline climbed to $37.27 a barrel, up from $31.75 in the last session. Gasoline margins have rallied this week on the back of growing driving season consumption.
The shutdowns at S-Oil units following Thursday night’s blast that killed one person is expected to affect already tight gasoline supplies in Asia.
The refiner exports gasoline mainly to Japan, Malaysia, Australia, Singapore and the Philippines. Indian state refiner MRPL issued a tender for the sale of 25,000 tonnes of 95-octane grade of gasoline for delivery during 17-19 June. The tender closes on May 23. India’s gasoline exports declined to 1.40 million tonnes in April from 1.60 million tonnes in March, government data showed on Friday.
..........
walao!...they export to Malaysia? Then confirm Hengyuan same margin lor....
Either you use a refinitiv terminal or you have access to reuters news feed. Otherwise you get gasoline crack info from other news site like this. You can see the number they quote is the same as mine but just that mine is earlier.
Refiners are the strongest sector amidst the dow plummet.Technically this is a great signal.Both TA n FA point to more upside.But we must also watchout the tops.As in gloves as in techs as in plantations,nothing goes up forever.
@pjseow Good to see your posting again. How is (or was) your Supermax now?Which sectors are you in (or planning) now? I am just asking, you don't need to answer me.
yup nothing goes up forever...only handful of stocks you can keep forever in bursa...current visibility is quite good till end of the year for refinery stocks..
positive prospect is coming from JP Morgan itself who had accurately predicted gloves stocks demise much in advance
Posted by klee > May 21, 2022 8:10 PM | Report Abuse
Refiners are the strongest sector amidst the dow plummet.Technically this is a great signal.Both TA n FA point to more upside.But we must also watchout the tops.As in gloves as in techs as in plantations,nothing goes up forever.
Probability, glad to hear that your plantation does not face labour shortage problem. I also bought some HY and Petronm . With the record cracked spread which is more than double the 2017 , i hope we can.make the same or more gain than 2017.
Posted by pjseow > May 21, 2022 9:33 PM | Report Abuse
Probability, glad to hear that your plantation does not face labour shortage problem. I also bought some HY and Petronm . With the record cracked spread which is more than double the 2017 , i hope we can.make the same or more gain than 2017.
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....
Ahahah
453 posts
Posted by Ahahah > 2022-05-21 08:39 | Report Abuse
Apple ya apple, do you face any problem. You can share here so that everyone will help you.