NTA belongs to felda, all the land belongs to felda MAS paid 30cts to privatise If they privatise n pay "something" u can laugh if they delist u get "0" as for felda share holders they have taken off via FIC so they wont cry.....
China's palm oil purchases from Malaysia dropped to 98,635 tonnes last month from 264,722 tonnes in January. "We don't know how this trade war will turn out," said Ivy Ng, regional head of plantations research at CIMB Investment Bank. "For China, it's still a question mark."
KUALA LUMPUR: World palm oil demand may suffer its first contraction in two decades during the 2019/20 crop year due to rising domestic oilseed supplies in top buyer India and slowing demand in Europe and China, industry participants told Reuters.
One of the reason why Trump doesn't supported environmental issues during his election campaign is because environment topic often misused and lobbied by some parties to kill / bring down a sector.
Palm Oil is lobbied by EU for fear of dependency of palm oil.
Palm demand in Pakistan, Turkey and Egypt is expected to increase in the run up to Muslim holiday of Ramadan, though it will likely stay within seasonal norms and not create more demand growth.
Traders also said that markets hit by currency depreciations last year have better purchasing power now due to improved currency management and lower palm prices versus 2018.
Pang pang pang kopang kopang kopang gibing gibing gibing gibing Dung dak ge dung...dung dak ge dung Dung dung dung dung dung dung dung Gibing gibing gibing gibing gibing gibing
Finally, China understand palm oil taste better than soy bean. The GMO soybean imported from America is causing very health hazard to the people republic of China. Imagine food being controlled by America. If he’ll break lose, America can easily poison the China people by the use of soybean
Haha... It is all about business and politic. Certainly not because of the taste. China can increase the purchase of palm oil from Indonesia but chose to do so with Msia. Let us see Tun M knows how to respond or not in ECRL matter. There is a limit for mind game and patience.
rajachulan just to share that the soy bean use mostly as animal feed in china... thus despite the trade war... china still die die want the usa soy bean...brazil is planting the soy bean as fast as they can to fill the gap...
this is the reason why we didnt see any palm export increase during the trade war... plam oil or its by product hasnt been developed to replace soy bean as animal feed...
and that 'chinese' company is actually a msia chinese kuok company... nothing to cheer about...
given the fact the old horse keep pissing the china from the north and spore in the south... he become a wild old horse...
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@Raja Chulan, the pigs eat soy products and also go into the People of Republic’s stomach.
Best thing about soy bean is , the upstream and downstream all covered. No wastage.
If palm oil can give the lucrative like soy bean, bingo!
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....
Ring
6,522 posts
Posted by Ring > 2019-03-04 13:21 | Report Abuse
NTA belongs to felda, all the land belongs to felda
MAS paid 30cts to privatise
If they privatise n pay "something" u can laugh if they delist u get "0" as for felda share holders they have taken off via FIC so they wont cry.....