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 Plantation stock and CPO prices discussion

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SUSxander83
post Mar 14 2022, 03:31 PM

Blast off like a rocket
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From: Autobiography!!!
QUOTE(ghostcommand @ Mar 14 2022, 01:15 PM)
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?
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You believe Nasi Goreng Minister doh.gif

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
SUSxander83
post Mar 15 2022, 02:00 AM

Blast off like a rocket
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From: Autobiography!!!
QUOTE(koja6049 @ Mar 14 2022, 05:27 PM)
looks like zuraida is the new messiahword, sunday say cpo will fly, next day cpo turun biggrin.gif
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That’s why she is Nasi Goreng Minister doh.gif

Doesn’t even understand there’s demand is low and stockpile is high at the moment doh.gif
SUSxander83
post Mar 16 2022, 02:44 AM

Blast off like a rocket
*******
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Joined: Jan 2003
From: Autobiography!!!
QUOTE(tehoice @ Mar 15 2022, 11:53 AM)
lololol. please substantiate your statement, don't pluck info from the thin air please.
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You already google and found the answers doh.gif

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