Prices risk tumbling further to approach the cost of production, according to Dorab Mistry, director at Godrej International Ltd. Private-sector estates in Malaysia and Indonesia have costs of about 1,500 ringgit to 1,600 ringgit a ton, Mistry said in e-mailed comments to Bloomberg News.
Sime Darby Bhd’s average cost of production in Malaysia and Indonesia is about 1,400 ringgit a ton, according to Franki Anthony Dass, executive vice president of the Petaling Jaya, Malaysia-based company’s plantation division.
(So, what will happen if CPO Futures price really falls to such level???)
if this counter who making lost, it is because they are not doing enough studies and homework... I do making 90-150% profit$ from this counter for 3 times in last 6 years
fcpo price is climbing up strongly after the long sharp drop to five yrs historical low 1914 ... last friday was closed at 2177, highest went to 2203, sign of bullish :)
Age Hectares First year of field planting 2,368 One year 5,117 Two years 5,103 Three years and above 42,071 Total 54,659 Immature 17,192 Mature 36,867 Total 54,659
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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....
kkng0819kk
1,566 posts
Posted by kkng0819kk > 2014-08-16 16:35 | Report Abuse
I think better cabut fr. this cocoon counter