Posted by WilburR2 > 2020-01-15 16:05 | Report Abuse

indian torture now at work, squeezed m'sia, but m'sia can't complain you see

Posted by WilburR2 > 2020-01-15 16:07 | Report Abuse

india now buying palm oil from indonesia, boy it hurts

Posted by WilburR2 > 2020-01-15 16:35 | Report Abuse

officially no boycott,indian palm oil importers have to take the risks if the imported oil gets held up at indian ports.lol

Posted by linda77 > 2020-01-16 09:04 | Report Abuse

cpo correction, 2600/ton next 1-2 mth.
big correction

Posted by wilsonchan87 > 2020-01-16 09:19 | Report Abuse

wait slow slow to top up after cpo done correction

Posted by TheGreg > 2020-01-16 11:45 | Report Abuse

India to normalize diplomacy with Malaysia and to resume palm oil import... Great news!!!

Posted by Chewchew > 2020-01-16 11:59 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/06/plywood-makers-may-see-rebound-in-exports-to-japan

Posted by smallfisher > 2020-01-16 13:13 | Report Abuse

TheGreg

where is the news?

Posted by Henry8833 > 2020-01-16 13:39 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/16/impact-of-indias-move-on-malaysian-palm-oil-seen-minimal

Posted by yoyo > 2020-01-16 18:14 | Report Abuse

free fall?

Posted by investortrader88 > 2020-01-16 20:53 | Report Abuse

https://www.theedgemarkets.com/article/india-has-not-put-curbs-imports-malaysia-turkey-%E2%80%94-india-minister

Posted by samyew1234 > 2020-01-16 20:59 | Report Abuse

India plans cuts to imports from Malaysia, Turkey in Kashmir row

Posted by samyew1234 > 2020-01-16 20:59 | Report Abuse

same day 2 news ?

Posted by WilburR2 > 2020-01-17 06:41 | Report Abuse

china buying soya beans compounds problem further

Posted by investortrader88 > 2020-01-17 06:51 | Report Abuse

https://www.marketwatch.com/story/why-the-us-china-trade-deal-failed-to-support-soybeans-wheat-and-corn-prices-2020-01-16

Posted by upsidedown119 > 2020-01-17 10:43 | Report Abuse

Jtiasa price is low. I see no more reasons for this after the purported Indian boycott is exposed as fake news.

Posted by Shinnzaii > 2020-01-17 10:58 | Report Abuse

Aiyo...media very powerful enough to destroy economic...this year plantation shall stay firm...as long as tariff havent remove on soybean then palm oil still got chance...hehe

Posted by Henry8833 > 2020-01-17 12:11 | Report Abuse

Oversold. Poised for recovering. Palm oil futures recover a bit today.

Posted by WilburR2 > 2020-01-17 14:07 | Report Abuse

the star reporting false news???
https://www.thestar.com.my/business/business-news/2020/01/17/palm-oil-dips-on-india039s-import-curbs-set-for-biggest-weekly-fall-in-over-7-years

Posted by WilburR2 > 2020-01-17 14:10 | Report Abuse

It all depends on how one views it. In the end everyone is right in one way or the other lol

Posted by upsidedown119 > 2020-01-17 15:35 | Report Abuse

Yeah, STAR is MCA owned. It seems trying to take the shine off the Minister of Primary Industries, arch-rival DAP's Teresa Kok.

Posted by stockraider > 2020-01-17 15:36 |

Post removed.Why?

Posted by upsidedown119 > 2020-01-17 15:37 | Report Abuse

In fact the India boycott story may well had been orchestrated by the BN-MCA media.

Posted by stockraider > 2020-01-17 15:40 | Report Abuse

NOT TRUE LOH....!!

MAHATHIR HIMSELF ALSO ADMIT THERE IS A BOYCOTT MAH...!!

Posted by upsidedown119 > Jan 17, 2020 3:37 PM | Report Abuse

In fact the India boycott story may well had been orchestrated by the BN-MCA media.

Posted by WilburR2 > 2020-01-17 17:51 | Report Abuse

Reuters is one of the sources, Reuters= MCA? lol

Posted by Joon Chan > 2020-01-17 17:53 | Report Abuse

if they boycott they will have famine and starve la.

Posted by WilburR2 > 2020-01-17 17:54 | Report Abuse

The Indian palm oil denial is a fast on going story, so things can change, one just have to glean along. As the best guys

Posted by WilburR2 > 2020-01-17 18:03 | Report Abuse

export tax raised to 6% for feb

Posted by DickyMe > 2020-01-17 18:06 | Report Abuse

"Posted by Joon Chan > Jan 17, 2020 5:53 PM | Report Abuse
if they boycott they will have famine and starve la."

Seems like you are still in the cave. Please come out to see the sunshine.

Posted by Joon Chan > 2020-01-17 20:15 | Report Abuse

what sunshine? the failed democratic system in India?
what good would the boycott do to anyone? Especially to their own citizens.
vested interests over there run the parliament,province,districts
it's all talk and politicking, somehow or another our oil palm will reach india, maybe via singapore as usual, because, if it does not - is famine.
__
Palm oil is largely consumed by the lower-middle class in India as it is an affordable edible oil (priced lower by 50 to 100 Indian rupees per 10kg or US$100 to US$200 per tonne compared with other edible oils), according to GG Patel and Nikhil Research Co (India).

Its managing partner Govindbhai G. Patel pointed out that palm oil was the main oil used by the hotel, restaurant and catering sector as well as by chips and savoury snack manufacturers.

___
As such, India would need at least eight million metric tonnes of palm oil by 2015 if palm oil maintains its market share of around 35-37% of the total oils and fats consumption, said Fatimah at the two-day event in Mumbai, themed Managing Global Challenges Through Innovative Partnerships.

__

Posted by Norjasofin > 2020-01-18 10:28 | Report Abuse

EMA 20 the nearest target or the correction could be wrong

Posted by WilburR2 > 2020-01-20 10:46 | Report Abuse

prolong spat?
https://www.nst.com.my/news/nation/2020/01/557960/india-says-no-meeting-malaysia-davos-palm-row-simmers

Posted by wind_00 > 2020-01-21 18:55 | Report Abuse

Today candle stick pattern look like support candle stick and tweezer bottom. If accurate, this counter may rise soon. #TA

Posted by wind_00 > 2020-01-21 20:56 | Report Abuse

Stochastic oscillator reach bottom too. Should be going to rebound.
Bollinger band also hit bottom line. If still uptrend will go up very soon.
Lets hope this counter still on uptrend.

Posted by goldlabel > 2020-01-22 11:00 | Report Abuse

can try buy unimech, valve manufacturer for palm oil industry. Good PE and growth.

Posted by Albukhary > 2020-01-22 18:57 | Report Abuse

JTIASA will surge after CNY, target is RM1.30 by end of Feb 2020

Posted by FellowAqim > 2020-01-23 12:11 | Report Abuse

Its time to buy more lots now :0

Posted by Albukhary > 2020-01-28 17:11 | Report Abuse

Added 30 big lots today

Posted by wilsonchan87 > 2020-01-28 18:25 | Report Abuse

FCPO 2575 -286 (10%)

Posted by samyew1234 > 2020-01-28 22:15 | Report Abuse

omg, cpo price limit down

Posted by hng33 > 2020-01-29 11:43 | Report Abuse

bought back Jtiasa at 81-82sen

Posted by lavenderong > 2020-01-29 14:05 | Report Abuse

https://www.klsescreener.com/v2/news/view/615756/jaya-tiasa-earnings-expected-to-turn-around-in-fy20

Posted by lavenderong > 2020-01-29 14:08 | Report Abuse

Uob maintain Overweight in Plantation in today's report. Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives Exchange (BMD) retreated 10% to hit limit down near the end of the trading session Tuesday, with the benchmark April contract closing RM286/mt down from the previous settle at RM2,575/mt. While the fall was loosely attributed to the coronavirus outbreak and its resulting adverse impact on consumer demand for palm oil, and a number of market participants cited the liquidiation of positions by speculators, as well as the spillover effect of reactionary weakess in wider global markets as complementary reasons for the drastic fall in in the futures. (Source: Platts)

UOB Kay Hian Comments:

Compare to SARS in 2003, at the peak in Feb – Jun 03 palm oil price has weaken about 18.5% from its high end-Dec 02 on the similar concern of demand destruction. However, CPO price recovered from Jul 03 onwards as palm oil inventory drawdown.

Palm oil inventory is expecting to continue downtrend at least for next 4 to 5 months due to the weak production. Palm oil production in Malaysia and Indonesia is not going to be good due to the impact of dry weather in 2019 and cut back on fertilizer application in 2H18 and 2019. Hence, we conclude that the selldown yesterday was overreacted and price should recover to reflect the supply tightness especially in 1H20.

Cooking oil demand is relatively stable. Less eating out may reduce the demand from HORECA sector but this will be compensated by the demand from consumer packs (more home cooking). We also foresee better opportunity for palm oil coming from lack of soybean oil supplies as a result so lower soybean crushing. The fear of consuming meat in China now may lead to slower demand for pork and poultry which could ultimately reduce the demand for soybean meal. With low soybean oil inventory in China now and not expecting any pick up of soybean crushing volume soon, this may translate into better opportunity for palm oil in China.

Posted by hng33 > 2020-01-29 16:06 | Report Abuse

sold back jtiasa at 84sen

Posted by investortrader88 > 2020-01-29 20:18 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/29/cpo-prices-bounce-back

Posted by investortrader88 > 2020-01-30 08:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/30/malaysian-palm-oil-price-recovers-from-near-12-year-low

Posted by linda77 > 2020-01-30 11:05 | Report Abuse

Cpo down again this morning .
May 2642

Posted by FellowAqim > 2020-01-30 12:25 | Report Abuse

Cangih! bought more lots ytd

Posted by linda77 > 2020-01-30 14:47 | Report Abuse

Cpo May 2600/ton, down 82

Posted by linda77 > 2020-01-31 11:10 | Report Abuse

May contract now 2558/ton , down 63