this has something to do with extraction rate, sometime planters harvest too early,while fruits not in full ripeness. or sometime due to logistic problem , certain amount FFB from respective estates, were sold to nearby mills which belong to other people.

my quesstimate for 2019 fourth quarter profit to reach 50-60 million range, 0% export tax,0% windfall profit tax, just a reasonable figure.In the 2017 final quarter ,when cpo price was high, but the production was about 15% lower, SOP still can managed 60 million profit.

the winfall tax proceed ,should be used only on subsidising the "biodiesel" program,and its research and developement

patience is the key

吉隆坡12月13日消息:周五马来西亚棕榈油局（MPOB）发布的海关文件显示，马来西亚上调了2020年1月份的毛棕榈油出口税，这也是一年半来首次上调。

2018年8月份马来西亚对棕榈油征收4.5%的出口税，自那之后就一直是零出口税。2019年5月到12月份期间，马来西亚对毛棕榈油免征出口税，以提振棕榈油出口。

马来西亚将2020年1月份的棕榈油参考价格定为每吨2571.16令吉，相当于616.59美元/吨。

贸易商称，印尼可能跟随马来西亚，也对棕榈油征收类似的出口税。

孟买的Sunvin集团研究主管称，现在市场在急切期待着印尼做出出口税决定，这也将有助于了解印尼30%生物柴油强制掺混的实施情况。。

交易商说，马来西亚将会出口更多精炼棕榈油，因为现在毛棕榈油有5%的出口税。

nothing will happen. just a hoax,for coming forth election.

ccp is the biggest crime organization

don't be silly, not so fast ,B30,B40,B50 are on the way , make the sky sunnier.

印尼计划在2021-2022年间生产B40生物柴油
2019-12-10

印尼负责能源监管的协调部长Luhut Pandjaitan周二表示，印尼正在考虑在2021-2022年间实施生物柴油项目，生物柴油含量为40%（B40）。
https://www.oilcn.com/uploads/baseimg/20191210/2abe7109f824610dd969be79ae4adc3e.jpg
20191210/2abe7109f824610dd969be79ae4adc3e.jpg

印尼将在明年1月开始使用含量为30%的生物柴油。

Luhut Pandjaitan告诉记者，政府计划明年开始使用B40进行道路测试。

他说，如果政府的棕榈再植计划停滞不前，该计划不会将生物柴油含量提高到50%以上。

funny, these so called analysist did not talk about B30, B50,in fact ,if B50 implemented , the cpo price will be high in long run.

yes, cpo starts with a jump, touched 2900 and slightly retraces a little bit.

Gooshit is a notorious freaks , kindly ignore him.

expanding growth company,need to hold .

11月马来西亚棕榈油库存料萎缩8.5%，创2年新低
2019-12-07

（吉隆坡6日讯）鉴于棕榈油产量骤减至5个月新低，马来西亚11月棕榈油库存预计将按月萎缩8.5%，至215万吨，写下过去2年新低水平。

根据彭博社对14位分析员、交易商和棕榈油种植业者进行的调查，市场人士预估，马来西亚11月的棕榈油库存预计将按月滑落8.5%，至215万吨，写下2017年9月以来新低纪录。

而且，这也是自今年5月以来最大单月跌幅，相比去年同期滑落了近30%。上述调查显示，11月棕榈油库存预计将比上个月下跌11%，至161万吨，是6月以来新低水平；出口料萎缩4.9%，至156万吨，10月为成长16%。

马来西亚棕榈油局（MPOB）将会在下周二（10日）公布11月棕榈油数据。

棕榈油研究网（Palm Oil Analytics）创建人瓦伽对彭博社表示，由于天气恶劣，再加上去年减少施肥，今年的棕榈油全年产量预计将低于最佳产量水平。过往11月棕榈油产量平均维持在175吨。

根据市场调查，11月棕榈油库存预计介于207万吨至230万吨；棕榈油产量预测料介于153万吨至176万吨；而出口预测则介于148万吨至165万吨。

另外，11月棕榈油进口预计将从10月的8万5034吨，滑落至8万吨；而本地使用量料介于28万吨至32万吨。

Okachi马来西亚私人有限公司销售经理卡特雷拉称，交易商已经将2020年上半年产出成长料将放缓的因素考虑在内，同时将继续关注出口需求，以及印尼和我国逐步落实的生物柴油机制。

他接著说，假设B20和B30生物柴油的落实推高本地棕榈油使用量，这将进一步降低棕榈油库存至2016水平。

棕榈油价格在过去数周逐步上涨，这或导致马来西亚卖给印度的棕榈油从12月开始减少，料将维持3个月。大豆油和棕榈油的价差大幅缩小，将促使印度转向其他国家购买食用油。

this type of stock should go for long term,tremendous growth

Feb cpo wants to test 2900 rm , currently 2860 rm.

feb cpo price breaks 2800 rm. some said Indonesia currently experiencing very hot and dry weather,

马来西亚棕榈油产量短期难恢复

今年马来西亚和印度尼西亚棕榈油产区天气一直偏干，棕榈油产量一直未有显著增长。过去几个月印度尼西亚出现烟霾等恶劣天气，棕榈树生长受到影响。目前临近雨季，马来西亚棕榈油产量短期难以恢复。SPPOMA公布的数据显示，11月马来西亚棕榈油产量较10月降低14.26%，单产降幅达到16.37%。

在产量降低的同时，马来西亚棕榈油的出口相对良好。船运机构ITS数据显示，马来西亚11月棕榈油出口1414884吨，仅较10月份的1456624吨减少2.9%。而为了继续刺激出口，印度尼西亚政府表示12月份将继续免征棕榈油的出口关税。这都有利于继续支持国际棕榈油价格。

棕榈油进口成本继续走高

由于马来西亚和印度尼西亚棕榈油产量恢复缓慢，且出口数据良好，棕榈油价格持续走高。目前马来西亚棕榈油离岸价格处于655美元/吨，到我国港口约为682美元/吨，折合约5830元/吨，较10月初上涨超过1000元/吨，为近两年高位。棕榈油进口成本居高不下，国内棕榈油价格受到明显支撑。

国内库存增长利空有限

过去几个月国内植物油价格走高，植物油厂商收益较大，并且后续存在元旦、春节等节日需求，近几个月国内棕榈油进口到港增加，港口棕榈油库存出现增长。目前，国内港口食用棕榈油库存在71万吨左右，较上月同期的54万吨增加17万吨，增幅约31.48%，较去年同期的42万吨增加29万吨，增幅为69.05%。虽然棕榈油库存有所增加，但国内豆油、菜油等植物油库存下降较多，令棕榈油的库存压力明显变弱，因而棕榈油的库存增长并未对其价格造成实质压制。

综上所述，随着马来西亚和印度尼西亚进入棕榈油季节性雨季，棕榈油减产短期难以改观，且进口成本不断高企，未来存在国内元旦、春节等假期，食用油的消费将逐渐旺盛，各地食品厂商和餐饮企业对植物油的采购补货，必然会继续支持国内棕榈油价格。因而，短期来看，国内棕榈油价格仍将处于偏强势的状态。

i hope i can get at 4.20,but never come . no choice but to buy higher.

peoplej just hate liars, nothing wrong ,;gooshit is just happened to be a shameless liar.无知草包，扮砖家

无知草包，扮砖家

gooshit mental disorder is getting worst, and terminally incurable, high time to send him to mad house.

he is just a demon in semi -human form, a very digusting liar.

people hate liars, gooshit is a notorious liar, who needs to hate him.

Reuters reported that the implementation of Indonesia’s B30 biodiesel plan would reduce the country’s fossil fuel consumption by 165,000 barrels per day. A government official said that the 9.6mil KL (8.4mil tonnes) of fatty acid methyl ester to be used in B30 in year 2020F is equivalent to 165,000 barrels per day. Also, the government will start preparing research for B30 after officially launching B30 in January 2020.

https://klse.i3investor.com/blogs/AmInvestResearch/242478.jsp

gooshit's demonic and sickening jeolousy is laughable, but rather unusual,the phase of sickness should land him into mad house,

per q --25m ,not good enough, 40-50m quite satisfactory, 25x4=100monly ;;while 40 x4=160m,50x4=200m, per annum , can give 10% dividen, and bonus.. and the share capital is only 570m.

gooshen demon only wants to see people confused , misled, nervious ,suffering in uncertain conditions, by doing so, you could make wrong decision.
there is why you need to exorcise the demon.

there is need to exorcise this gooshit demon， and you would make good money.

gooshit is just playing with empty words , or be more accurate ,he is lying , he knows nothing.just a despicable liar.

china experienced severe "swine fever"nation wide;so pigs were slaughtered, so little supply of pig animal oil , they would import more palm oil to make up the gap.

yes ,that's more realistic.----so we have 52m(total supply) -9m(b30) -6m(indonesia food consumption) -15m (India total consumption)=22m for the rest of the world.;the glut of oil is very much reduced.cpo price of 2600-2700 is quite ok .

unfortunately i only reach https://gapki.id/ page and infomation is not complete,you estimate could be on the high side,

@up_down , please get your data accurate, indonesia production forecast to be 45million ton,not 54 million as you mentioned, B30 would take up according to estimate would be 8 to 9 million tonnes, currently program of B20 consumed 5-6 million tonnes.

true,sometime it works this way, sometime they go independently, the reason is they compete for the same consumers market, and both products carry over stock/inventory is high,If either one ,or both,stock /inventory are low , then all go they own way.

10月中旬以来，棕榈油火了，涨停、新高轮番上演，市场炒作热情空前高涨。棕油上涨的主要动力来自于需求增加，供应减少。其中，需求增加的重点在于生物柴油使用的增加。在生物柴油的方面，对印尼B30可能缺乏补贴支撑运行的担忧引发了昨日午后棕榈油的跳水，但随后印尼能源部回应给市场吃下了一颗定心丸。

印尼能源部官员称，在明年1月开始实施B30项目后，政府将着手研究B50，雄心勃勃的计划减轻了市场对B30或不能顺利实施的担忧。在情绪及资金作用下，近期棕榈油及豆油走势呈现大跌大涨，令人有些无所适从。今日午后，国内三大油脂再度跳涨，其中棕油再度领涨。截止到14:16，1月合约连棕上涨166元或3.06%，连豆油上涨64元或1.03%，郑菜135或1.78%。

除了爆炒生物燃料概念，减产预期也是棕榈油走红的大推手。今年7至9月印马两国旱情严重，或将影响半年后的棕榈油产量。行业机构和分析师纷纷预测主产国减产，且将造成市场供应短缺。

当然，也有机构发出不同声音。以下为机构及行业分析师对棕榈油主产国产量的预估：

9月27日，油世界称2020年印尼棕榈油产量料为4600万吨，马来西亚产量预计将较2019年的2050万吨小幅下降；

10月11日，马来西亚财政部称，2020年产量料继续增至2220万吨；

11月7日，分析师Dorab Mistry称，2020年印尼棕榈油产量料增加100万吨，至4400万吨，马来西亚产量或下降100万吨至1930万吨；

11月21日，分析师James Fry称，印马两大主产国2020年产量增幅会微乎其微，随着生物柴油需求增加，市场可能出现供应缺口；

11月28日，马来西亚FGV控股公司称，2020年毛棕榈油产量将增加约1-1.5%。

refer news report above,President Jokowi said ,if cpo price don't go up, he will put up B100 diessel program, that is very encouraging.

turnover 136million shares, huge volumn ,sellings were well absorbed. that is good thing, soon should be back to normal.,if something going bad, price would not recovered so well.

@Mabel kindly look up statistics from grower association --http://mpoc.org.my/

sop next level testing 3.50 , not a bad try.

- Jokowi saat membuka Kompas 100 CEO Forum di Hotel Ritz Carlton, Kuningan, Jakarta, Kamis (28/11/2019). "Artinya CPO (Crude Palm Oil) kita gunakan sendiri untuk biodiesel, biofuel. Kenapa harus tarung dengan Uni Eropa karena kita di-banned, didiskriminasi CPO kita? Kita pakai sendiri saja," kata Jokowi. Baca juga: Jokowi: RI Tak Akan Tinggal Diam atas Diskriminasi Kelapa Sawit Ia mengatakan, penyerapan CPO besar-besaran untuk dijadikan B-20, B-30 , hingga B-100 akan mendongkrak harga sawit. Dengan demikian, Jokowi mengatakan para petani sawit juga akan menikmatinya. "Akan kelihatan harga CPO 1-2 tahun kelihatan.
Sekarang sampai berapa nantinya B-30 di Januari dan B-100 akan angka berapa (harganya naik). Artinya petani sawit kita akan menikmati harga yang baik," lanjut dia.

for low class speculators, 5 sen is already big.

"buy low sell high" , is the name of the game.

thanksgiving day

gooshit is shiting all the time , since penta was 2.80 few months back he already shitting this tune, same words , from same stinking mouth.

gooshit is a criminal ,he lies everywhere , every second of the day.

Klci affected by political sentiment, something to do with "cabinet reshuffle", the old man is playing some ugly tricks.

what so great about "shariah compliant "?tech stock is about technology and market, islamic funds ? sorry lah, not vital issue, what is important is profit and earning.

gooshit only see shit , and nothing else , a true dump crab. sohai.

BIBLE SAYS:The Ninth Commandment - Thou Shalt Not Lie