Malaysia flooding and raining season badly affect Palm oil production. CPO price go up. May benefit Indonesia palm oil counter. USD currency is going up, may be good for indonesia commodity plantation stock for exporting. especially the soybean from US getting more and more expensive due to USD currency.
Monday BB come back from holiday, you all see how this flies!
lol sensitive time to talk like a pilot...
 
LuckyFortuneCat ( Date: 02-Jan-2015 13:15) Posted:
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Captain Indofood:  This is your friendly captain speaking! Soon, we will be taking off from 72.5 cents. Please buckle your seatbelts and hold tight!
LAST CALL FOR BOARDING!
A strong rebound is on the cards! Don' t miss it! DYODD!
Buy some to keep loh
singapore market really hopeless...
if Dow drop 400 points you can imagine
No movement even with Dow + 400
Moving up. ....
Market depth -
0.675 - 78 lot
0.680 - 49 lot
0.685 - 62
0.690 - 51
Market depth -
0.675 - 78 lot
0.680 - 49 lot
0.685 - 62
0.690 - 51
0.665 now . Time to collect .
Anyone can comment
Anyone can comment
0.685 now
Now 0.69 .... Can collect ...
Prices stay the same .... Wait for share buy back Liao....
Moving ... Up...
Will it move up .... Lowest already...
When everyone sell , it is best time to collect ....
Buy this when it is lowest ....
See chart , it has 3 bottom at 0.725 .
Nav 1.09 ....
Vested
See chart , it has 3 bottom at 0.725 .
Nav 1.09 ....
Vested
From what I understand, palm oil is used for lots of things, from cooking oil to biscuits to soap, cosmetics, etc.  But supply seems also exceeding demand.  If used to make biofuel, can soak up some demand.  But since oil is so cheap,  cost of making bildiesel from palm may have already exceeded cost of oil?  So, one source of demand is knocked out.  Also, soy bean a close substitute is also experiencing abundant harvest.  So, you have not.  immediate future for palm seems bleak.
MtFaber ( Date: 04-Dec-2014 17:28) Posted:
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Invest in sg shares confirm  will loss  money.. checked the history...
IPO Price
$2.800
Equation for energy can be multi-facet. Previous middle east crises caused oil price to rise because of fear of shortage of supply. Now because of China slowing down, demand for energy is reduced. To make matter worse, US is also  pumpimg oil flooding market.  So supply now is more than demand. Opec is not committed to reduce output which can be economics meaning they need money to sustain their economy or could be political co-operating with the US to punish certain countries. With cheap oil flooding the market, demand for alternative energy is not so urgent. Hence energy like Bio-diesel can take a back seat, so palm oil price will be depressed. Therefore palm oil is quite related to oil even though it is used in other manufacturing processes. Volume consumption is not  as much  as compared to be used as an energy source.
churnw ( Date: 04-Dec-2014 12:08) Posted:
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