WongGK92

CPO price dropped ...

https://www.bernama.com/en/news.php/news.php?id=2326241

2024-08-07 14:56

Mabel

Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% month-on-month. This increase was primarily due to higher orders from key importing countries, such as India and China, for July shipments. Palm oil production has resumed its upward trend, rising 14.0% month-on-month in July to 1.84 million tonnes, signaling the onset of the seasonal high-production phase.

Kenanga also maintains a Neutral outlook with a strong upside catalysts, such as CPO prices surging to trade between RM4,000 - RM4,500

Let’s look at the general gross profit for Crude Palm Oil (CPO) in Malaysia and Indonesia.

Malaysia
Gross Profit: The gross profit for Malaysian CPO producers can vary, but it generally ranges from RM 1,500 to RM 2,000 per tonne. This is based on production costs of around RM 2,000 per tonne and average CPO prices ranging from RM 3,500 to RM 4,000 per tonne.

Indonesia
Gross Profit: Indonesian CPO producers typically enjoy higher gross profits due to lower production costs. The gross profit generally ranges from USD 400 to USD 600 per tonne. This is based on production costs of around USD 300 per tonne and average CPO prices ranging from USD 700 to USD 900 per tonne.

As you can see the Indonesian Farmers are happily dancing while the Malaysian Farmers will need to monitor their production cost with the 52% increase in Diesel Price in Peninsular Malaysia. Hopefully the volume in revenue can cover this cost.

2024-08-18 23:58

Mabel

Moving forward…

Time for our plantation to break new frontiers to cover these 52% increase in Production cost. Beside CPO, Plantations can be potentially significant renewable energy players in mid to long to long term. Palm oil wastes to energy, vast landbank for solar energy, CPO for biodiesel like B20 and B60 etc ,

2024-08-19 00:09

Sslee

Indonesia long ago already did not subsidy petrol and diesel.
Indonesia imposed CPO export duty and levy. Hence CPO local price is international price minus export duty minus levy. This is to ensure local enjoy cheaper cooking oil.

2024-08-19 06:43

Sslee

MPOM Malaysia local price Jan-July 2024
3,783.50
3,949.50
4,215.50
4,257.00
3,902.50
3,957.50
4,034.00

From TSH Indonesia plantation
Average selling prices Quarter Ended
31.03.2024 31.03.2023
RM/MT RM/MT
CPO 3,587 3,555
PK 1,930 1,770

2024-08-19 07:31

Needluck

many rubbish counters in klci index, this is one of them.....

2024-08-20 12:18

kl_guy

who dump klk ? volume so low?

2024-08-20 14:40

WongGK92

Today sell on good QR ....? https://www.thestar.com.my/business/business-news/2024/08/21/klk-earnings-forecast-to-improve-in-4q24

2024-08-21 19:44

kl_guy

FCPO chart show side way range rm3700++ , last 3 day show a up trend to rm3867. Are we moving uptrend on CPO. If Trump become president with make US great again , more anti china policy will be implemented. China will stop buying soy oil and buy more palm oil . With PM anwar talk of doing trade with India using rupee or RM for trade. Palm oil will be one comodity

2024-08-24 11:58

kl_guy

fcpo up again .... rm3978 . klk quietly move up

2024-08-26 16:08

WongGK92

Where are those substantial shareholders coming from ? 😮

2024-08-27 21:22

kl_guy

yahoooo....klk start to move. last 2 week of pushing down , is to wash out weak hand.

2024-08-29 10:01

kl_guy

KLK need to close above MA200 at rm21.75

2024-08-29 10:02

kl_guy

wow klk got big volume today . good sign . bull run .

2024-08-30 18:23

KClow

Klk got bul run..more likr bulshiit run..
Lol..
I told u guys to sell klk and buy utdplnt qhen utdplnt touched klk price ..
Now utdplbt 27.8🤣

2024-09-11 12:33

KClow

Now i tell u klk shareholders..
STILL NOT LATE TO SELL KLK.AND BUY UTDPLNT

2024-09-11 12:33

LeonardLiong

I am back to this counter. Collect collect

2024-09-18 14:56

ohlala

At a low of 20.11 today....

2 months ago

LeonardLiong

Monitor it when the price slips to 21 and below

2 months ago

kl_guy

FCPO 4270 ...CPO counter rally soon

2 months ago

LeonardLiong

KLK partners with Alami Commodities to market palm oil and speciality fats in Middle East

https://www.ofimagazine.com/news/klk-partners-with-alami-commodities-to-market-palm-oil-and-speciality-fats-in-middle-east

2 months ago

i3gambler

If we are not fund managers that need big trading volume for easy in and out,
Better buy BKAWAN, with huge Conglomerate Discount.

2 months ago

kl_guy

FCPO break rm 4400

2 months ago

kl_guy

FCPO just hit rm 4490

2 months ago

kl_guy

FCPO just hit rm4500

1 month ago

Needluck

this stock still got hope? CPO up so much also drop.

1 month ago

kl_guy

FCPO up again rm4589.

1 month ago

kl_guy

w_w_w.klsescreener.com/v2/charting/chart/0025I

1 month ago

LeonardLiong

Wow, many funds have been collecting KLK

1 month ago

kl_guy

If can break 200MA at rm21.65 , uptrend is confirm.

1 month ago

kl_guy

break 200MA ....uptrend is intact.

1 month ago

kl_guy

FCPO hit rm4868

1 month ago

kl_guy

klk bull run

1 month ago

kl_guy

FCPO hit rm4890 , next resistance level rm6264

1 month ago

kl_guy

klk next resistance level rm23.30

1 month ago

LeonardLiong

Gapping up and limit up 😀

1 month ago

kl_guy

very long time haven't seem such big volume. good sign

1 month ago

kl_guy

someone try to push down with small volume. like this no power

1 month ago

cariyoyo

When is tmk chemical listing in Bursa?

3 weeks ago

kl_guy

are we seeing a lower high on KLK chart ?

3 weeks ago

KClow

😮

3 weeks ago

KClow

Told u guys
Not too late to sell klk n buy utdplnt

3 weeks ago

pang72

Bro... 6mils profit...
You are kidding....!
Petchem then Klk...
The giant or leader being strike

3 weeks ago

KClow

Better than bkawan the parent
Loss 😂

3 weeks ago

KClow

How did klk n bkawan make crap.and utdplnt make 51 sen per share profit??
Can anyone share ...

3 weeks ago

troy88

Terrible QR yet again. No longer the plantation king. KLK is a shadow of it's former self. Utdplt is the undisputed king of plantations.

3 weeks ago

kl_guy

next quarter will klk present the same result ? With CPO selling at rm4600-rm4700 , will klk be better ?

3 weeks ago

LeonardLiong

I am waiting for this moment, internal funds and local funds flow in

2 weeks ago

Dehcomic01

Post removed.Why?

1 week ago

mf

Dow loses 400 points as Fed rate outlook disappoints, heads for first 10-day losing streak since ’74

3 days ago