all criminals should be severely dealt with, it is ridiculous to blame the victims.

chinese Print media in malaysia is source of the problems,they are helping to spread pro-china commies propaganda.

not exactly, it is more like state capitalism plus communism ,one hand to rob the people, the other hand robs the world.

中共国就是一个诈骗大国。中共国商人贪婪和无耻，应该立即绳之以法。打靶枪毙。

that is why, people saiy :any color will do.and "free to choose".

don't be silly , schools are the place ,to help student to develope individual ability and creativity, and not deciplined them into liked dead woods, just know to following order from dictatorial superiors only.

cpo price correcting , many negative factors emerged,

don't talk nonsense, without biggest consumer India buying, palm oil industry is death.just that and nothing else.

not very far.already fully factored in

old stories，already factored in

cpo price above 2700-2800 is very good for plantation stocks,very good earning already, just cut all unnecessary costs, great profit.

CPO prices likely to stay above RM3,100 per tonne — MPOC

https://klse.i3investor.com/blogs/pandaman/2020-01-07-story-h1482065567-CPO_prices_likely_to_stay_above_RM3_100_per_tonne_MPOC.jsp

all these are what people called "after market talks".that is after market closed, people began to make up stories,which are all worthless.

the 3 plantations mentioned were badly managed plantations, low productivity,massive wastage of resources, just shit stocks,junk stocks. current price up just because palm oil price went up from low,giving a little bit of hope, if palm oil price sinks ,then gone with the wind.

Gooshit is just a rumor monger, he know nothing about middle east politics,economics etc,
just a know -nothing fool . Lim Guan eng said massive oversea investments is flooding Penang, particularly in electronics sector.

please calm down , it is the communists who want to stir up fire in middle east , to divert American pressure put on them on the trade war, very soon this will be over,or already over.

Lunatic that has made America great again, a world more safe for democracy, certainly not a bad lunatic.

preacher should preach in churches, not educational and research centers.

Pump and up, be more true.

CPO jumps after India cuts import duties
https://www.thestar.com.my/business/2020/01/02/cpo-jumps-after-india-cuts-import-duties
Thursday, 02 Jan 2020

11:51 AM MYT

An oil palm plantation in Tapah. At 11.22am, CPO was up RM24 to RM2,076 per tonne.

KUALA LUMPUR: Crude palm oil (CPO) for third month delivery rose to a high of RM3,080 per tonne on Thursday, extending its rally from 2019 after India cut import duties.

At 11.22am, CPO was up RM24 to RM2,076 per tonne.

India's lowering of import duties on the commodity raises demand expectations, says Anilkumar Bagani, head of research at vegetable oil broker Sunvin Group, according to Dow Jones wire report.

PublicInvest Research said that as part of a bilateral agreement, India’s Ministry of Finance cut import duties on CPO and refined palm oil from Southeast Asian countries effective Wednesday.


The duty on CPO was lowered to 37.5% from 40% while a tax on the refined CPO was cut to 45% from 50%.

The research house believed this latest tax revision is set to boost Malaysia’s refined palm oil exports to India in the coming months as the duty gap between CPO and refined CPO has narrowed to 7.5% from 10% previously.

"The favourable move should help drive down Malaysian palm oil inventories and provide support to the current strong CPO prices. We maintain our bullish stance on the plantation outlook with a CPO price assumption of RM2,600/mt for this year. Our top three picks are Sarawak Plantation, Ta Ann Holdings and TSH Resources," it said.

Part of the bilateral agreement. India, the world’s largest palm oil buyer, has cut import duties on CPO from 40% to 37.5% and slashed duties on refined CPO from 50% to 45%. The lowering of import duties follows the trade agreement between India and Asean in 2009.

India has been cutting the import duty on CPO and refined CPO as well as a number of other key export commodities from Asean countries on an annual basis between 2010 and 2020.

"Malaysian refiners set to reap the gain. The latest Indian tax revision has made palm oil more competitive against the alternatives such as sunflower oil and soybean oil, which have the narrowest spread in 10 years. The narrower duty differential between CPO and refined CPO from 10% to 7.5% will likely see Indian buyers switching their demand from CPO to refined CPO, namely, palm olein.

"Currently, refined palm oil imports in India account for 18.5% of consumption, and are expected to see a boost in the coming months. Supported by the duty disparity between CPO and refined palm oil products following the resumption of export duties in Malaysia, coupled with the latest tax move from India, Malaysian palm oil refiners are set to enjoy better margins than its counterparts.

"Malaysian palm oil market share in India is expected to jump higher from the current level of 49.8% meanwhile," PublicInvest Research said.

CPO priced higher and higher,passed 3100 ringgit. just amazing.

India cuts tax on palm oil imports, could lift shipments
December 31, 2019 23:37 pm +08
MUMBAI (Dec 31): India has cut import taxes on crude and refined palm oil from Southeast Asian (ASEAN) countries after a request from suppliers, a government notification said on Tuesday.

The reduction will lead to higher imports of palm oil by the world's biggest edible oil buyer in coming months as it would narrow the difference between the tropical vegetable oil and competitors such as soyoil and sunflower oil.
Higher imports could support Malaysian palm oil prices , which have risen 44% in 2019.
The duty on crude palm oil was lowered to 37.5% from 40%, while a tax on the refined variety was cut to 45% from 50%, the notification said.

The revised lower tax would apply to almost all palm oil imports as India primarily imports palm oil from Indonesia and Malaysia, which are members of the ASEAN group, refiners said.

Imports of refined palm oil are set to jump in the coming months as the duty gap between crude and refined palm oil has narrowed to 7.5% from 10% earlier, said B.V. Mehta, executive director of the Solvent Extractors' Association (SEA), a Mumbai-based trade body.

"The new duty structure has opened the floodgate for refined palm oil. It is detrimental to local refiners," Mehta said.

The SEA has requested Indian government to maintain a duty difference between crude and refined palm oil to 10%, he said.

India relies on imports for 70% of its edible oil consumption, up from 44% in 2001/02. Palm oil accounts for nearly two-thirds of India's edible oil imports of around 15 million tonnes, according to data compiled by SEA.

India's palm oil imports fell 3% in November from a year ago to the lowest level in 17 months.

Indonesia and Malaysia, the top two palm oil producers, were seeking a reduction in the Indian import tax to cut inventories.

Palm oil competes with soyoil and sunflower oil in Indian markets.

India on Tuesday kept import tax on soyoil and sunflower oil unchanged, which could make imports of palm oil more attractive, said Sandeep Bajoria, chief executive of the Sunvin Group, a Mumbai-based vegetable oil importer.

India imports soyoil mainly from Argentin

https://www.theedgemarkets.com/article/india-cuts-tax-palm-oil-imports-could-lift-shipmentsa and Brazil and sunflower oil from Ukraine and Russia.

nobody needs gooshit's advice, worthless rubbish.

Relax, not too many stock analyst are familiar with commodity price trend,in this case palmoil, you can't blame them. Their standard methodology used quarterly profit figure and earning report to make forecast, calculationg PE ratio, cash-flow analysis, etc , Sure no clue.

this is what people say: follow the crowd.

Post removed.Why?

gooshit just a dumb crab, sour grapes.

Palm oil on track for best year in a decade

Bloomberg reported that growing worries about production disruptions and brighter outlook for its biofuel use are keeping the world's most-consumed cooking oil on track for the best year in a decade.
The third month CPO futures contract on Bursa Derivatives added RM67, or 2.2% to RM3,072 a tonne after estimates by the Malaysian Palm Oil Association showed output in Malaysia dropped 16.4% during Dec 1-20 from a month earlier.

https://www.thestar.com.my/business/business-news/2019/12/27/palm-oil-on-track-for-best-year-in-a-decade

印尼1月份将征收棕榈油出口税？棕榈油大涨逾3％

据印尼贸易部，鉴于棕榈油价高于729.72美元/吨的基准价，印尼将于2020年1月征收50美元/吨棕榈油出口税。

棕榈油主产区减产、降库存担忧、美豆期价上涨、印尼生物柴油政策等继续提振市场。

人民需要醒悟，猛回头，不应该支持神棍党，盗贼党，这才有希望。神棍党盗贼党，那能办健康的治国。

吉隆坡26日讯）行业人士预测12月首20天棕榈油产量跌幅比预期严重，导致马来西亚棕榈油期货价格周四（26日）进一步扬升，达到3年来最高水平。

马来西亚交易所衍生品交易所棕榈油期货3月货上升1.1%，至2956令吉，是自2017年2月16日以来的最高水平。棕榈油价格年头至今已上扬38%，预期将是近10年来表现最佳的一年。

3月棕榈油期货合约周四5时报2993令吉，涨70令吉。

棕榈油交易商和分析员称，由于马来西亚及印尼今年初降雨量低，且减少使用肥料，棕榈油产量在2020年上半年将下降。孟买植物油经纪公司尚文集团（Sunvin Group）研究主管表示，马来西亚棕榈油协会预计12月首20天的棕榈油产量按月下滑16%；而市场的预测数据为下滑13%到15%左右。

此外，货运调查公司Intertek Testing Service指出，马来西亚棕榈油产品出口在12月1日至25日期间从上个月的119万吨，减少12.8%，至104万吨。

但马来西亚政府计划在明年2月之前，在交通运输业实施B20生物柴油计划，即在生物柴油参入更高的棕榈油成份，因此，市场人士认为国内消费有望增加。

印尼则在周一（23日）推出了含30%棕榈油燃料的生物柴油，是全球强制融入最高棕榈油成份的混合燃料。

作者不懂国际关系，对美国川普而胡说八道。川普政策一贯坚定不移，捍卫美国全球利益，和霸权；反共和灭共。

kcpo end today reaching 3000 ringgit.

棕榈油涨幅十年最大
2019-12-26

全球消费量最大的食用油棕榈油今年似乎时来运转，价格从五个月前的四年低点扶摇直上，全年涨幅可能创近十年来最大，预料2020年的前景将更光明，主要受印尼生物燃料政策、产量下滑及中国需求增加所带动。

20191226/ae73b0d740992765e215d7126db48462.jpg

马来西亚棕榈油基准期货价格在五个月前跌到四年来最低，因投资人担忧库存居高不下、印尼及中国的需求下滑，以及欧盟认为棕榈油可能有害环境而限制进口。

棕榈油两大生产国马来西亚和印尼在10月扬言扩大贸易争议，进一步打击棕榈油的销售与价格。

不过，日前参加巴厘岛产业会议的知名分析师警告，干旱气候和霾害将伤害棕榈油产量；同时，印尼正专注于强制推动B30生物燃料计划，可能使印尼成为全球最大棕榈油消费及供应国。

这也有助带动棕榈油延续涨势，从7月底的低点反弹50%至每吨逾2,900林吉特（700美元），今年可能上涨35%，可能是近十年来最大涨幅。

多数产业分析师预估，棕榈油明年将维持在高价位水准，预估明年的平均每吨价格中位数为2,600林吉特，可能是三年来最高，也将高于今年的2,240林吉特。

@Agil , no lah, i just joking , sorry for being mischievous on my part, actually no harm done to me , please continue as you enjoy , and sharing good information with us all .thousand tks.

no need to be keep on reciting the same script. quarterly reports would do the work better.

do some averaging, this strategy move would be fine

老王卖瓜，自赞自夸。

https://klse.i3investor.com/blogs/bfm_podcast/2019-12-24-story-h1481914755-A_Year_in_Review_Palm_Oil.jsp

SOP's earning performance was unstable in last five years,largely due to CPO selling price fluctuation,the price trend was from a high of 2900 and drop to a low of 1800, a product break- even or negative level.There were many reasons contributed to this phenomena.One of them was over production in Indonesia, building a glut of palm oil supply.To remove the glut,Indonesia introduced ,and mandated effect 2020January,to put into effect B30 biodiessel (30%palmoil content)program to be used in vehicles of the country.Further to this B40,B50 are on the testing pipe line, waiting to be enforsed.Malaysia will also introduce B20 biodiessel program.Industry sources ,estimated 10 million ton of oil would be used in this program.Thus the oil glut situation is now effectively reduced, or removed, CPO selling price is now finally back to normal.

gooshen is just a novice, pretending to be season trader.

@bizzybone , did i denied Max2838 the right to express his opinion? the answer is no, But since he give many reasons to substantiate his arguments.It is ok and nothing wrong when i pointed out the weak logic behind them. We should encourage more debate in this forum, that is what a forum exists for this purpose;so that investors can have more info and better understanding for their decision making , after all, i could be wrong also.

the fact is ,bull and bear always argue and speculate, with buying and selling ;otherwise there would be no trading,just flat out.

talking about expand comsumers market, max 2838 thinks only about China and some asian countries, but he forgets Eastern european countries who are getting more wellof ,are also expanding consumers market for chocs.

max 2838 is view is full of bias and flaws. palm oil planting is africa experienced difficulty , does not means buying cocoa to grind ,will be in same dilemma, after all the nature of the business differ greatly, processing cocoa, need not going to buy large acreage of land for palm oil plantations, and hire large number of african native workers, who are difficult to control and manage,.GCB is not newcomer in the cocoa industry, but a experienced player for decades.with good established relation and supply its products to these branded multi national companies. and Max 2838 talks about "Japan's Royce can make better chocs than Germany or Spain", is very bias. Different countries have different taste preference.One man meat is another man's poison. we must not too quick to jump into conclusion.

gentp .KLK , reacted more favourably.

low quality assessment,utterly lack of depth.

https://www.theedgemarkets.com/article/b20-biodiesel-transport-sector-be-launched-phases-next-year-%E2%80%94-teresa-kok
PUTRAJAYA (Dec 20): The B20 biodiesel programme for the transport sector is expected to be launched in phases next year, that would give a fillip to the crude palm oil (CPO) price which is projected to reach RM3,000 per tonne.

Primary Industries Minister Teresa Kok Suh Sim said the programme would start in Langkawi, followed by Labuan, Sarawak, Sabah and subsequently in Peninsular Malaysia.

"A preliminary study and engineering design for the upgrading of the blending depot has also been approved with an allocation of RM35 million. This will involve 35 depots and are expected to be ready in the first quarter of next year," she told reporters after the Ministry of Primary Industries’ gathering here, today.

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Kok said the launching ceremony for the programme would be officiated by the Prime Minister Tun Dr Mahathir Mohamad on Feb 20 next year.

She said the CPO price, which is now approaching RM2,800 per tonne, was expected to continue rising next year based on the positive trend, whereby the price was around RM1,700 per tonne in 2018 compared to now, as well as the high demand following the B20 implementation and the government's efforts to explore new markets to boost exports.

The increase in the CPO price would not only benefit the country's economy but also the industry especially smallholders, she said.

"The Christmas and Chinese New Year (celebrations) would see many countries importing palm oil from us and the implementation of the B20 programme would boost demand. If stock is low, price would go up,” she said.

Meanwhile, Kok said she would make a visit to Europe early next year to meet the commissioner and new parliament members of the European Union (EU) to present Malaysia's efforts and success in promoting sustainable oil palm industry.

"We want to present to them what Malaysia has done in the last two years. Europe wants sustainable palm oil and we are doing it, even the smallholders when the government helps them to get the Malaysian Sustainable Palm Oil (MSPO) certification. Our oil palm industry players replant forest trees and contributed to forest conservation," she said.

Highlighting one of Malaysia's efforts, Kok said the additional RM1 cess per tonne of palm oil produced would be collected and parked into a fund for green initiatives, which will be utilised for wildlife conservation purposes and green initiatives, especially replanting of forest trees.

She hoped the EU will accept and recognised Malaysia's green agenda and MSPO, thus import the commodity more as well as stop throwing accusations against palm oil.

On the MSPO certification, Kok said the target of 100% by Dec 31 was not achieved as the challenge was with the smallholders, however, they are now more aware of the need for the certification as well have shown interest following the promotion by the media.

She said industry players’ awareness on the certification had increased whereby 62.14% of the 5.85 million hectares of oil palm planted areas in Malaysia had achieved MSPO certification as at Dec 19 compared with only 17% when she headed the ministry.

Kok said she was confident that the target of 70% of the oil palm planted areas in Malaysia to be MSPO-certified could be achieved by February 2020.

some ppl go for short term profit taking , some go for longer term ,aimed for investment purpose,to each according to his prefered strategy, no a question of right or wrong.

https://klse.i3investor.com/blogs/kianweiaritcles/2019-12-19-story-h1481232414-Inari_falls_almost_8_on_news_of_US_chipmaker_selling_off_unit.jsp