Other oil? Soy oil flying high right now... Soy bean hampered by drought in South America being the largest soy producer in the world. I'm sure everything will work itself out. Even at lower exports, price above 3k cpo is dam high.
Cpo trading at their 8 year high. Year 2017-2018 was bad for all planters. prices pressured by other competing soft oils. Plus China and India curtailing thier palm intakes and high taxes levies on imported oils
Where they learn their economics I wonder... Right now, there is scarcity amongst all the vegetable oil. If the price really so high amongst the cooking oil, why India decide to lower tax on palm? Why China decide to increase import on palm and reduce on soy? These are all cost effective countries.. Psht...
Indon capitalise on current CPO hike, with tax coming into play in 10 Dec, the sales for indon CPO will be crazy for short term, that’s y u see Dec FCPO is at almost 3.7k. India to reduce levi to counter the impact of the recent price hike.
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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....
KAQ4468
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Posted by KAQ4468 > 2020-11-30 09:20 | Report Abuse
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