Since CPO is going up so much (some said will reach RM 9K), how do you think plantation stocks will play out?

Currently, plantation stocks are undergoing some correction from a high 1-2 weeks ago, is it anything to be worried of?

Personally, I think such high prices are unsustainable and if you were some producer buying lots of palm oil, you'd be doing your best to source cheaper alternatives right?

You believe Nasi Goreng Minister

1st major palm oil consumers are heavily indebted countries so do you think the price will still goes up

2nd it goes because USD FX not because of demand

looks like zuraida is the new messiahword, sunday say cpo will fly, next day cpo turun

That’s why she is Nasi Goreng Minister

Doesn’t even understand there’s demand is low and stockpile is high at the moment

lololol. please substantiate your statement, don't pluck info from the thin air please.

Contemporary history show; when da ma, kopitiam da shu, students think they are smarter than the professional is about time to exit the market.

are you referring to our beloved minister?

she should know as she governs this industry?

Helang could do no wrong, it is all pipit fault.

A simple search and i found one of the major causes which pushes the high cpo prices.

https://www.thestar.com.my/business/busines...palm-oil-prices

yes, this was a bit dated, albeit in february, but it's still relevant and did not change much.

Meanwhile, someone claimed that the demand is low and too much of supply and hence that's why the price cannot sustain.

Well, i do agree that the high cpo price is not sustainable, but clearly someone seems like posting another out of the thin air info again, in almost every corner of this forum.

Rising tide lift all boats.

You already google and found the answers

Just go find the major palm oil customers and you will realise demand is low and stockpile is high back end of last year

nvm. but in short, i know the numbers as i have it first hand from my head of commodity marketing/trading team.

This post has been edited by tehoice: Mar 16 2022, 09:41 AM