QUOTE(wirelessdude @ Nov 30 2008, 11:30 AM)
I think one of the major issues is that there's currently lots of CPO stock that has no buyers - they need to clear that first.
Blend them into diesel and sell to rakyat loh, don't see much difficulties, also don't see much complication (I mean 1~2% blend and technically speaking only, there are still many more complicating aspects to be consider Added on November 30, 2008, 12:40 pm
QUOTE(cherroy @ Nov 30 2008, 11:51 AM)
CPO price might rallly in the near future because of weather issue. The flooding may be a correcting force for those excessive stockpile of CPO, which serve as CPO price support. After all, there are too much stockpile in CPO currently. So the flooding might not totally bad as well for CPO, depends on the area of crop of respective company.
But do remember, those taiko in plantation are already venture into other area like Indonesia, East Malaysia etc for their landbank as well which is quite substantial.
Same like the reason why crude goes all the way to 100+, sometime people just need excuse to rally But do remember, those taiko in plantation are already venture into other area like Indonesia, East Malaysia etc for their landbank as well which is quite substantial.
This post has been edited by htt: Nov 30 2008, 12:40 PM
Nov 30 2008, 12:39 PM

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