In other word, the news was saying that there will be shortage of supply. I wonder what will happen the palm oil price if they have shortage of supply.
All foreign workers must go through Covid-19 tests, with the employers bearing the cost.... mission impossible. In the first place how many foreign workers including illegal in the country despite few round of bersih?
PKP India dijangka import semula minyak sawit Malaysia Share
Tweet KUALA LUMPUR: India kelihatannya tidak mempunyai banyak pilihan dan dijangka kembali semula mengimport minyak sawit dari Malaysia, terutama sekiranya situasi pandemik COVID-19 di Indonesia semakin memburuk.
this share spike is for short term only as per my view and understanding - not calling for any buy/sell
see below:
Nevertheless, the outlook said Malaysia cannot expect to achieve the same market share in the palm oil import basket under the current situation compared with a 45 per cent market share last year.
A reasonable expectation for Malaysian Palm Oil’s (MPO) share would be about 25 per cent, which is closer to the share as in 2018, it indicated.
plus read the headline, says India ""could"" soon return to Malaysia for palm oil....didnt say "will". I agree, but when its confirmed, price gone high.
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....
Undi_PKR
945 posts
Posted by Undi_PKR > 2020-04-28 09:47 | Report Abuse
PN not the voted govn and cannot perform in term of FGV and CPO price. Felda Settlers best to kick them out?