Posted by GLNT > 2022-04-23 10:56 | Report Abuse

The ban is likely pretty temporary ahead of Hari Raya celebration. They changed policy more than 6 times this year, on average once in 2.5 weeks. So, expect them to change policy In a few weeks time

Posted by StartOfTheBull > 2022-04-23 11:08 | Report Abuse

If the news came out during trading hours yesterday most oil palm stocks would have surged. Don't know how much will be the opening price on Monday.

Posted by calvintaneng > 2022-04-23 11:21 |

Post removed.Why?

Posted by calvintaneng > 2022-04-23 11:24 |

Post removed.Why?

Posted by calviniswrong > 2022-04-23 12:01 | Report Abuse

TSH Price target RM0.80

Posted by calviniswrong > 2022-04-23 12:01 | Report Abuse

Indonesian export banned. Bad news, drop on Monday.

Posted by calviniswrong > 2022-04-23 12:05 | Report Abuse

TSH will become the next Naim, drop every day since 2019

Posted by calviniswrong > 2022-04-23 12:06 | Report Abuse

Run fast or you will be left holding the bags like the directors

Posted by calvintaneng > 2022-04-23 12:11 |

Post removed.Why?

Posted by nuke > 2022-04-23 12:51 | Report Abuse

Caution is urged on CPO stocks. Long term, they may not be as rosy as we think.

Posted by calvintaneng > 2022-04-23 12:59 |

Post removed.Why?

Posted by Investorrr > 2022-04-23 13:17 | Report Abuse

Still, “despite record prices overall, vegetable oil demand remains high because vegetable oils are an essential part of diets in all countries and particularly in countries like India, Pakistan and Bangladesh”, said John Baize, an independent analyst who also advises the US Soybean Export Council.

Baize calls Indonesia's restriction on palm oil exports a “big deal” but expects it won’t last long. He noted that Indonesia exported 26.87 million metric tons of palm oil in 2021, compared to consuming 15.28 million metric tons domestically.

Posted by s3phiroth > 2022-04-23 13:17 | Report Abuse

Posted by nuke > 22 minutes ago | Report Abuse

Caution is urged on CPO stocks. Long term, they may not be as rosy as we think.
........................................................................................................

Yeah go buy tech stocks that lose value during high inflation. And sell commodties stocks that hedge against inflation during high inflation.

Best.advise.ever.

Posted by Investformilkmoney > 2022-04-23 13:27 | Report Abuse

Salary out. Monday top up. Even a little.

Posted by GLNT > 2022-04-23 13:28 | Report Abuse

calviniswrong must be losing a lot on Naim. What's new? Blame someone else for own losses.

Posted by Investorrr > 2022-04-23 13:43 | Report Abuse

TSh 3 Sabah mills enjoy high palm oil price ,while 4 indon mills will still enjoy profit with price cap without high export levy .

Posted by Investorrr > 2022-04-23 13:46 | Report Abuse

plus point is TSh has 21% implant interest and With join venture Wilmer

Posted by Investorrr > 2022-04-23 13:46 | Report Abuse

* innoplant

Posted by Investorrr > 2022-04-23 13:47 | Report Abuse

Baize calls Indonesia's restriction on palm oil exports a “big deal” but expects it won’t last long. He noted that Indonesia exported 26.87 million metric tons of palm oil in 2021, compared to consuming 15.28 million metric tons domestically.

Posted by Investorrr > 2022-04-23 13:51 | Report Abuse

sooner indon will lift the export ban to cater the need for global demand .indon account for 60% export global,while Malaysia only 25% .demand from EU will be huge.

Posted by GLNT > 2022-04-23 14:11 | Report Abuse

Price cap on cooking oil was removed in mid March, replaced by export levy, which will in turn be used to subsidise domestic cooking oil.

Posted by GLNT > 2022-04-23 14:12 | Report Abuse

https://www.reuters.com/article/indonesia-palmoil-idUSKCN2LC1AB The new measure is just a blanket ban on all palm oil exports.

Posted by Investorrr > 2022-04-23 14:46 | Report Abuse

@GLNT at what price those plantation companies going to sell CPalm oil to domestic market?

Posted by GLNT > 2022-04-23 15:01 | Report Abuse

KPB Nusantara data, local cpo prices. Direction pretty much go in line with international prices but at a discount. https://gapki.id/en/commodities-prices

Posted by GLNT > 2022-04-23 15:05 | Report Abuse

RHB has a nice piece on this. Difference btw East Malaysian effective price and Indonesian effective price is about RM1,200-1,300 per tonne https://klse.i3investor.com/web/staticfile/view/454752

Posted by Benhobenhobenho > 2022-04-23 15:34 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2022/04/23/indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes/

Posted by Johnzhang > 2022-04-23 15:38 | Report Abuse

What Indonesia is doing is to flood the local market with CPO and thus drive local selling price for cooking oil , biodiesel and all consumer products containing palm oil to very low level. It’s aim to cushion the hardship caused by hyperinflation and reduce government subsidies in cooking oil and fuels. Such move , if it is prolonged is bad for plantations in Indonesia.

Posted by calvintaneng > 2022-04-23 15:47 |

Post removed.Why?

Posted by Investorrr > 2022-04-23 16:42 | Report Abuse

@GLNT ,if indon local cpo price with slight discount compared to international price think still ok la,as exporter can save from high transportation and high export levy charges.levy charges is usd675 (about rm2870).

Posted by greenland > 2022-04-23 17:32 | Report Abuse

Indon has scrapped the export ban
https://www.hellenicshippingnews.com/palm-oil-demand-seen-jumping-as-discount-over-rivals-widens/

Posted by greenland > 2022-04-23 17:32 | Report Abuse

Its dated 22/4/2022.

Posted by GLNT > 2022-04-23 17:38 | Report Abuse

export ban was yesterday evening. Thanks

Posted by sunnyspoon > 2022-04-23 18:35 | Report Abuse

Tai kor will push it up on Monday, good luck

Posted by Investorrr > 2022-04-23 23:11 | Report Abuse

commodity multi year rally about to explode...

Posted by Yau Yh > 2022-04-24 11:51 | Report Abuse

My guest is that the ban effected is a negotiation technique by the Indonesian govt to bring the industry players onto a supply formula where 1) quantities of cooking oil supply is ensured 2) supplies are at the affordable prices that the govt wants. As such, the ban will definitely be temporary and the underlying trend of demand outstripping supply and rising prices remain intact .

Posted by Newbie_123 > 2022-04-24 13:15 | Report Abuse

so smart money will be moving over to Malaysia palm oil companies with 100% plantation/mills in MY without any exposure in Indonesia since profit will be marginalised by this export ban. Brace for price impact here.

Posted by Yau Yh > 2022-04-24 16:33 | Report Abuse

https://twitter.com/cityam/status/1518133724117938177?s=24&t=1NU6_obexQIVNW0cwAjLew

Posted by Yau Yh > 2022-04-24 16:33 | Report Abuse

https://twitter.com/cityam/status/1518133724117938177?s=24&t=1NU6_obexQIVNW0cwAjLew

Posted by Yau Yh > 2022-04-24 16:40 | Report Abuse

Cooking oil shortage in UK
https://twitter.com/cityam/status/1518133724117938177?s=24&t=1NU6_obexQIVNW0cwAjLew

Posted by calvintaneng > 2022-04-24 17:00 |

Post removed.Why?

Posted by sunnyspoon > 2022-04-24 18:51 | Report Abuse

Wait another 10 year, if TSH can find buyer, land in Nusantara.

Posted by Investformilkmoney > 2022-04-24 19:21 | Report Abuse

Wait 10 years for money to double up is better than fixed deposit haha

Posted by sunnyspoon > 2022-04-24 19:40 | Report Abuse

Tomorrow buy some more, money double up.

Posted by Investformilkmoney > 2022-04-25 09:04 | Report Abuse

All up

Posted by sunnyspoon > 2022-04-25 09:20 | Report Abuse

Fly TSH fly up high to the sky

Posted by wallstreetrookie > 2022-04-25 09:43 | Report Abuse

Slap the ask

Posted by calvintaneng > 2022-04-25 10:03 | Report Abuse

TSH = Tan Soon Hoon

Hokkien

Tan = Wait
Soon = Smooth
Hong = Wind

Cantonese version

Tan Soon Fung

Yat
Low
Soon
Fung

All the way smooth sailing to Rm2.00. Then Rm3 to Rm4

Longer journey will reach Rm10 or more

Tan Soon Hong

Posted by ooi8888 > 2022-04-25 10:08 | Report Abuse

陈大师果然博学多才，真乃神人也。

Posted by calviniswrong > 2022-04-25 10:41 | Report Abuse

The worst plantation stock

Posted by calviniswrong > 2022-04-25 10:43 | Report Abuse

Too many retail investors bought in this stock no wonder the weakest