EPF's aggressive selling in Simeplant in Feb for a total of about 46mil share has somewhat limit the share price increase. When EPF stop selling, Simeplant will easily cross $6.
NEW DELHI (March 3): The blistering rally in palm oil is starting to turn away customers in India, the world?s biggest importer.
Buyers have canceled as much as 100,000 tons of planned palm oil purchases in the past seven days, according to Sandeep Bajoria, chief executive officer of Sunvin Group, a Mumbai-based trader and broker of vegetable oils.
Isn?t the crazy high CPO price due to international buyers buying more fearing of edible oil shortage? It is about demand and supply equilibrium. Don?t have to worry lah. Water will find its level.
Posted by WannaBeTechAnalyst > 8 hours ago | Report Abuse
NEW DELHI (March 3): The blistering rally in palm oil is starting to turn away customers in India, the world?s biggest importer.
Buyers have canceled as much as 100,000 tons of planned palm oil purchases in the past seven days, according to Sandeep Bajoria, chief executive officer of Sunvin Group, a Mumbai-based trader and broker of vegetable oils.
* With the conflict threatening grain production, a global food crisis deepened. Indonesia tightened curbs on palm oil exports, adding to a growing list of producers seeking to keep vital food supplies within their borders.
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....
greenland
378 posts
Posted by greenland > 2022-02-22 17:30 | Report Abuse
https://www.nationmaster.com/nmx/ranking/sunflower-oil-production