Reduce palm oil tax,
- overseas buyer see cheaper palm oil from Malaysia, demand for Malaysia origin palm oil up. (at the expenses of other producers).
Total demand worldwide still the same, but business concentration may change.
Also if palm oil is significant cheaper than alternative based oil (soy etc), it may as well attract demand from there.

Just like supermarket slashing price to attract customer from rival supermarket. While total customer remain the same actually.

So there isn't any sort of "international palm oil price association" who standardize the price worldwide? Or it just depends on the country's futures trading? For instance, gold price. Gold price also can be different from different countries?
Thanks!!

Yo Moppy, IGB +ve now already?

yah yah
congrats ~~ LOL...

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Added on October 4, 2012, 4:09 pmohh ic..
means companies in m'sia can undercut indonesia by selling cheaper PalmOil below mkt price ??
i didnt know that.. hahaha i tot price is standardised like yok70 says... where everyone must follow strictly..

This post has been edited by mopster: Oct 4 2012, 04:09 PM

There is no such thing of international standard price.

Even crude oil, we have Nymex sweet crude, Brent, Tapis. All may have different price to another, depended on demand and supply from the particular region.
But those price (those with large trading going on or high % of worldwide trade is going on) generally being used as strong/tighter benchmark (just like gold).

Futures trading normally participated by major producers and major buyer that who want to hedge their cost of supply. So it is strong benchmark for business out there.
There is no requirement or a must oil/palm oil or whatever commodities must be sold/bought through futures market.

I see. Thanks!

IGB finally move !
no regret sell off IHH for IGB

For beer fansi

GAB will be announcing a 55c dividend anytime soon, looks like foreign funds are busy stocking up their cold beers

I'll be happy if our money doesn't flow to the cow project and the facebook. Now wanna fight corruption pulak

IS THIS FOR REAL? We need to work with int'l community to FIGHT CORRUPTION - Najib

Woah, congrats to IGB holders as well as IGBREIT holders.

so fast shifting to defensive mode, i'm holding 45% cash, don't know what to buy

it will benefit downstream more from the reduction of export tax

Well, i think of conspiracy on how Robert Kuok manage to push down CPO price (For Malaysia only)

i hope so i can take profit..........

My cash position has been between 10-25% in pass one+ year. Today, after all the buying, left 15%.
I raised my REIT's position from 20% to 50% in pass one year, to be prepared for upcoming GE.
The GE never come, so holding that much cash without much use is also kind of wasted. I'd consider 10% of my REITs are "alternative cash" that I can sell and buy stocks when market turns bad. Estimated a drop of 5-10%(on reits) vs 15-30%(on other stocks).

So, your holding of 45% is much much more defensive then me lah.

yay~ factory orders better than expected.. US jump! tomolo we jump!

I'm also in 10%++ for almost all the time this year, and everytime getting dividend income, will keep reinvest into stocks, keeping the cash at 10%. Planning to free up some cash though.

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Added on October 4, 2012, 10:24 pmToo bad Dog Jones jump, my INTC still stuck. Should have sold it last time rather than waiting for x86 smartphone and Windows 8 to be out. Luckily my other US stocks going up, making up to the unrealized loss that I have.

This post has been edited by jasontoh: Oct 4 2012, 10:24 PM

Taking profit so soon?

Wow, SPX 1,460 already.
Running to 1,500 by year end? Catching up with CI soon.

Dividends! Yay!

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Added on October 5, 2012, 7:44 amI am 99% all in the market. LOL!

This post has been edited by Dividend Warrior: Oct 5 2012, 07:44 AM

high five. me too. i gamble all cash into stocks. no money on hand to eat also

Errmmmm.....I prefer to invest, not gamble.