Posted by StartOfTheBull > 2022-03-17 22:05 | Report Abuse

Canola, soybean and corn all rebounded as well. Tomorrow likely to see palm oil price rebound too.

Posted by ATT31786 > 2022-03-17 22:09 | Report Abuse

Indonesia makes U-turn to replace palm oil export curbs with levy

Posted by calvintaneng > 2022-03-18 13:57 |

Post removed.Why?

Posted by Golf123 > 2022-03-19 03:59 | Report Abuse

CPO is the best sector, just pick the right share.

Posted by VincentTang > 2022-03-21 07:03 | Report Abuse

FCPO drop to 5629, drop 5.17% today.

Posted by gemfinder > 2022-03-21 07:55 | Report Abuse

So early fcpo got market? Dun bluff la

Posted by Max2838 > 2022-03-21 09:49 | Report Abuse

FCPO prices are in backwardation (where future prices are lower than current spot). This is considered a bearish sign i.e. market participants are not willing to pay more.

Ramadan starts in April. Both Malaysia n Indonesia will look after their voters with subsidised cooking oil prices. Tax n levy by both govts will crimp CPO exports.

In short, CPO prices will likely to settle to RM 4800 pmt eventually........

Posted by brianklc > 2022-03-21 10:30 | Report Abuse

By giving such conclusion, I think u nvr follow FCPO market before. FCPO trading always focus on next 3 months. As time passes, the rolling future months will be more reflective of the spot price. Hoped tht u get the facts right

Posted by joerakmo > 2022-03-21 12:18 | Report Abuse

FCPO has been in backwardation since 2020.
Major trend since have been upwards.
Companies that sold spot have much better profit trends than those that sold forward.
My guess is if one have shorted since 2020 and rolled their shorts till now; because of the dynamics and settlement of MDEX,one would still be losing money.

Posted by calvintaneng > 2022-03-21 13:23 | Report Abuse

VERY GOOD NEWS FOR HS PLANT

EU WILL HAVE TO BUY PALM OIL SOON
https://www.iamexpat.nl/lifestyle/lifestyle-news/dutch-sunflower-oil-supply-could-run-out-just-four-weeks

Posted by Golf123 > 2022-03-22 05:54 | Report Abuse

Price consolidating.....think long term......better than FD

Posted by calvintaneng > 2022-03-22 08:09 | Report Abuse

Epf already sold below 5%
Now only left little to sell

After Epf finished selling this jewel it will rise over Rm3 on excellent earnings and fundamental

Posted by CCWONG > 2022-03-22 09:37 | Report Abuse

When the March'22 FFB/CPO Harvest is out & Jan'22/Feb'22/Mar'22 Average CPO Price is out, I shall give Q1/22 Report for the financial performance estimation.

Looking at it, looking good & excellent.

Posted by dick20 > 2022-03-22 11:31 | Report Abuse

Thanks CCWong. Looking forward to the excellent financial performance

Posted by calvintaneng > 2022-03-22 13:46 |

Post removed.Why?

Posted by StartOfTheBull > 2022-03-22 14:22 | Report Abuse

Excellent dividend announcement expected again end of May.

Posted by ctooi51 > 2022-03-23 10:02 | Report Abuse

@StartOfTheBull...don't bullshit..

Posted by Johnzhang > 2022-03-24 09:34 | Report Abuse

China Faces Worst Crop Conditions Ever Due to Climate Change

Bloomberg News08:30 AM IST, 23 Mar 2022
(Bloomberg) -- More extreme weather caused by rising global temperatures — compounded by geopolitical turmoil and the pandemic — is hindering China’s effort to ensure food supplies for its 1.4 billion population.

President Xi Jinping has made food security a priority for the world’s second-biggest economy, an effort to meet the soaring demand that’s pushed imports of corn, soybeans and wheat to record levels, making Beijing increasingly vulnerable to trade tensions and supply shocks. At the same time, climate change-induced disasters have caused widespread crop damage and shrunk the amount of arable land, making it harder to boost local production.

Tang Renjian, the country’s agriculture minister, brought up the threat at a high-profile government meeting in Beijing this month. “China faces big difficulties in food production because of the unusual floods last autumn,” he told reporters. “Many faming experts and technicians told us that crop conditions this year could be the worst in history.”

More than 860 people died or went missing in natural disasters last year, which damaged almost 30 million acres of crops. Record-breaking rains in the central province of Henan in July alone damaged 2.1 million acres of farmland. The floods delayed planting on more than 18 million acres of land, about one-third of China’s total winter wheat acreage. The amount of first- and second-grade crops, where there are more than 2.7 million seedlings on every acre of land, fell by more than 20% this year compared with normal years.

Climate change hurts China’s pursuit of food security in two ways, according to Zhang Zhaoxin, a researcher with the agricultural ministry. More frequent extreme weather events are already lowering crop yields. Meanwhile, increasingly unpredictable seasons can undermine farmers’ confidence and potentially worsen the sector’s existing labor shortage.

Farmers in northern China are used to droughts, not floods, Zhang said. In many of the regions that were affected by torrential rain last year, farmers couldn’t harvest their corn because their machinery couldn’t handle the water. There wasn’t enough infrastructure such as pipes and systems to drain the field in time.

Those issues are set to get more serious as the planet warms. Seasonal droughts will reduce yields of China’s three major staple foods — rice, wheat and corn — by 8% by the end of the decade, according to World Resources Institute. In the longer term, climate change also means rising coastal waters along the long and low eastern coal could further stress the agricultural industry.

“As climate change continues to intensify in coming years, weather events are going to have a greater and greater impact on agricultural productivity,” said Even Pay, an agricultural analyst with Trivium. Ramping up imports isn’t a viable alternative, she added, pointing out that global warming makes food cultivation more challenging globally. “Climate change felt in the rest of the world could also impact China’s food security,” she said.

Posted by Plantermen > 2022-03-24 17:46 | Report Abuse

After recent market correction. Palm is now trading at a discount vs SBO price { Rotterdam} SBO is price at US 1,990 vs US 1850 { Indonesia CPO} and US 1815 { Malaysia CPO} as at yesterday evening. Prices quoted CPO FOB Indonesia & Malaysia. Rotterdam SBO is on Ex mill basis

Posted by calvintaneng > 2022-03-25 06:04 | Report Abuse

Some got high growth
Some high in dividend

Hs plant got both

Posted by Jonathan Keung > 2022-03-25 11:09 | Report Abuse

Agreed but HSP not moving after XD date. Just sideway

Posted by ctooi51 > 2022-03-25 16:13 | Report Abuse

Coming..

Posted by Plantermen > 2022-03-25 17:51 | Report Abuse

March physical at MYR 6,700 per tonne. May FCPO position at MYR 6,300 per tonne. Brent Crude at USD 119 per barrel. Rival SBO oil at USD 1,985 per tonne {Rotterdam price} premium app at USD 260 - 280 over Malaysia /Indonesia CPO.

Posted by Plantermen > 2022-03-25 17:55 | Report Abuse

MQ technical showing positive buy signals

Posted by calvintaneng > 2022-03-26 08:53 |

Post removed.Why?

Posted by Plantermen > 2022-03-26 14:21 | Report Abuse

What Calvin mentioned is surprising true. Nobody wants to talk about rival SBO price is now trading at a premium betw USD 260-300 per tonne over Malaysia/Indonesia CPO. Instead certain parties citing high palm oil prices may.... and cause demand destruction. They have not cited other soft oils eg. Rapeseed oil, sunflower, canola oils & SBO is now all at high prices. Adverse weather has disrupted the plantngs of canola & soya bean crops. US farmers in the mid west have switch from soybean to wheat. Our media is biased in their palm oil reports { eg US seizing the 2 cargoes of shipped palm products} even now the US have not named or mentioned the company that shipped the cargo. Hopefully the new Plantation Minister can do more to address the one side reporting used by the western media. It's trade, economic & political interest to run down palm and maintain the eroding influence of soya. Unfortunately our media is siding with the Western backed NGO. Not a single NGO has blamed US cattle farming for its contribution on the green House effects instead blaming on palm.

Posted by CCWONG > 2022-03-26 20:52 | Report Abuse

Oil palm is a national crop to the country.

Thus, do a National Service to defend it locally & internationally.

Posted by markgold > 2022-03-27 10:24 | Report Abuse

100% agree with Plantermen.

Posted by calvintaneng > 2022-03-27 21:24 | Report Abuse

Surely, Steadily and Solidly Hs Plant will outperform this Windfall Year

Posted by calvintaneng > 2022-03-28 21:57 |

Post removed.Why?

Posted by mtr27 > 2022-03-31 07:43 | Report Abuse

Bad news..

https://www.theedgemarkets.com/article/cpo-futures-end-lower-weighed-weaker-soybean-oil-prices

Posted by Plato99 > 2022-03-31 14:52 | Report Abuse

Dont think is bad new since 5000 already handsome profit for all plantation company.

CPO futures contract for April 2022 dipped RM93 to RM6,538 a tonne, May 2022 fell RM66 to RM6,249 a tonne, June 2022 slid RM90 to RM5,930 a tonne, July 2022 decreased RM95 to RM5,739 a tonne and August 2022 and September 2022 both declined RM98 to RM5,633 a tonne and RM5,564 a tonne respectively.

Posted by calvintaneng > 2022-03-31 21:13 | Report Abuse

Hs plant is both growth and good dividend two in one

Among the best

Posted by wallstreetrookie > 2022-04-05 21:02 | Report Abuse

Losses for the vital vegetable oil risk accelerating global food inflation that’s already running at a rampant pace. Buyers across Asia and Europe that are awaiting sun-oil deliveries are switching to alternatives soybean, rapeseed and palm. Yet those supplies have been limited as well by weather woes and labor shortfalls, sending prices to dizzying heights.
Read more: Russia’s war is redrawing the $120 billion global grain trade.
“We’ll have huge stock inside Ukraine, and no stock and no goods for the market outside Ukraine,” Osypov said. “It’s big damage for the food security of the global world, and a big problem with liquidity for the company and the farmers inside Ukraine.”

Bloomberg | Markets

Posted by wallstreetrookie > 2022-04-06 07:45 | Report Abuse

A gradual reopening of borders in Asia is fueling a hunt for trades that will derive the biggest boost from a recovery in consumption and investment. Soaring commodity prices will boost the coffers of exporters such as Indonesia and Malaysia although some analysts warn the damping effect on global growth may outweigh the positives.
“Higher commodity prices should be most beneficial to Malaysia and Indonesia’s terms of trade in the region,” the Goldman analysts wrote. “We think the won and Taiwan dollar should underperform given the expeditious pace of Fed normalization, slowing Chinese growth and persistent equity outflows.”

Posted by calvintaneng > 2022-04-06 20:29 | Report Abuse

Excellent solid stock

Posted by ctooi51 > 2022-04-11 16:05 | Report Abuse

*MUST READ NOTES IF YOU ARE A TRADER/INVESTORS IN STOCK MARKET*

1.China had 1.5% retail inflation against 1.1% and PPI 8.3% against 8.8%. So its concern for PBOC. if it will continue to raise then PBOC also can think about increment in Interest rate. Malaysia Will also announce today in afternoon and its expected to increase. So definitely market will react. HSI is already down by 550 points after giving gap down opening.


2. CPO can surge in this week or coming days due to Indonesian crisis. Indonesia is largest producer of Palm in world, unable to complete their own domestic need due to higher exports. Earlier they were depended on the other edible oil like Soyabean which they were getting from Ukraine and Russia, Brazil. But now War

Posted by CCWONG > 2022-04-11 21:11 | Report Abuse

HSPLANT RM’000
Period (Q1/21) Jan-21 Feb-21 Mar-21 Total

FFB 42,625 39,202 48,457 130,284
CPO 8,828 8,157 10,791 27,776
CPO Price 3,748 3,895 4,041 3,894
Total Rev. 108,159
NPAT 29,369

Period (Q1/22) Jan'22 Feb'22 Mar'22 Total
FFB 52,187 40,628 43,653 136,468
CPO 10,849 8,923 9,587 29,359
CPO Price 5,354 5,930 6,867 6,050
Total Rev. 177,622
NPAT

Note: NPAT (Q1/22) to be announced, but make your estimation.

Posted by Golf123 > 2022-04-12 13:01 | Report Abuse

CCW
Looks a very good 1st qrt 22

Posted by joerakmo > 2022-04-12 14:43 | Report Abuse

@ccwong
Revenue is higher ,include PK but NPAT affected by taxes.My guess about 80+m ie slightly above 10sen

Posted by calvintaneng > 2022-04-13 06:47 | Report Abuse

All happily holding hs plant for May excellent result and another nice dividend as well

one of the Rock solid palm oil stock on earth

Posted by wallstreetrookie > 2022-04-13 08:53 | Report Abuse

Slap the ask and let's go

Posted by ctooi51 > 2022-04-13 10:03 | Report Abuse

Share buy back initiated.. Next resistance RM 3.57.. Zuraida predicted palm oil will go up to RM 9300

Posted by soon2795 > 2022-04-13 10:06 | Report Abuse

Finally. she said something positive.

Posted by Sales > 2022-04-13 11:33 | Report Abuse

Don't listen to Zuraidah. Make your own judgement

Posted by wallstreetrookie > 2022-04-13 14:45 | Report Abuse

This is a better plantation stock. Where smart money hangs out. The cheaper the stock, the worse it is to hold

Posted by onlyinvestment > 2022-04-13 20:15 | Report Abuse

Oh, Someone appear here , goreng starting... Hahaha

Posted by markgold > 2022-04-14 12:06 | Report Abuse

I have missed this counter.

Posted by wallstreetrookie > 2022-04-14 17:01 | Report Abuse

@onlyinvestment Goreng your head. pang72 is a legend

Posted by onlyinvestment > 2022-04-14 21:22 | Report Abuse

Hahahahahaha, I did not mention anyone, who got ghost in heart?