average selling price for Palm oil will be USD600 / tonnes, now only around USD500 / tonnes, you all see lah! Up 20% for palm oil price ! Sell to China, save us ! Profit Margin sure improve YESSS SAWIT SAWIT
The MOU signed this afternoon and the details has been known during 2nd session of trading. FGV price transacted at range bound of RM 1.28 - RM 1.30 which was still red. The good news seems been used to offload somebody's holding.
FGV HOLDINGS Bhd has denied a news report today stating that the plantation company seeks to reduce 6,000 workers over a three-year period as a move to trim costs, while optimising assets under its extensive turnaround plan.
Its CEO Haris Fadzilah Hassan explained that the group had never intended to terminate 6,000 of its workers, but only planned to reduce 10% of manpower cost per year.
Apparently, the additional 1.9m tonnes purchase is spread over 5 years, roughly 400k tonnes per year. With the many players in the market, who benefits most is yet to be known...
By right during starting last month oil palm inventory should reduce significantly but it is not happening this year. This show the export is not improving. Suspect coming September inventory will sky rocket high. This may due to world oil palm production is too high and demand is not there. Indonesia is expanding too much plus country in Africa, Colombia, Thailand is planting more palm oil. See oil palm no future anymore in Malaysia. A lot of land is converted to coconut and musang King. Question: why develop country like Europe, Japan, Taiwan, Korea do not what use oil palm oil for cooking? Ask Teresa kok?
Two singers with different fate. First singer performs traditional kompang n agogo dance, audiences cheer like crazy. Second singer performs dondang sayang, then being booo.......and someone throw rotten pisang n telur busuk towards him. In order to survive in the society, pls pleased yr audiences! :-)
Good morning...all menteri menteri have become sawit salesman...from moscow to zhong guo to saudi to ethiopia ...and also in...MALAYSIA...tanah air ku. News from my contacts in association of restaurants owners and PRESMA informed me that strong initiatives are carried out to ensure they fully use sawit oil and to support the palm oil movement. #sawitku
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....
dicky11
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Posted by dicky11 > 2019-04-25 18:54 | Report Abuse
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