Posted by calvintaneng > 2019-01-31 15:35 | Report Abuse

Palm Oil is in danger

The trade war also sees China offering to purchase a vast quantity of soy bean oil to make up for the trade imbalance. As it is, the details are still very vague but considering that if some agreements are to be materialised, soybean will be used as a trading commodity. What's good for soybean farmer in US will not be good for palm oil as they are substitutes. I am very wary of palm as China has not many traded goods to show to the American exporters to make up the imbalance besides cars, Boeing planes, beefs.


I think this one no leh!

China is now suffering from Pig Fever

See
https://www.theguardian.com/environment/2018/dec/07/deadly-pig-virus-african-swine-fever-us-china

That means less purchase of soy as feed meal

Soy oil is the byproduct of Soy meal. So less soy meal means less soy oil

And less soy oil in world market means price of all vege oil will go up

Posted by moneySIFU > 2019-01-31 16:18 | Report Abuse

I wonder how long does felicity need to get all info & details in place before writing this article, well done & thank you.

Posted by speakup > 2019-01-31 16:35 | Report Abuse

i avoid eating palm oil already cos it is bad for health

Posted by qqq3 > 2019-01-31 17:04 | Report Abuse

Palm Oil is in danger

Posted by calvintaneng > 2019-01-31 18:04 | Report Abuse

Tell you guys what you should do if you want to avoid Palm oil

1. Don't drink tea tarek.
All the tareh in Malaysia and Spore got milk substitute which is Palm oil. No milk or very negligible if any.

2. Don't eat hawker food or in restaurant. Because all use Palm oil.

3. No more KFC. Kentuky fried chicken use Palm oil

4. No biscuit for you anymore. All 100% biscuit made by hup Seng, kit Kat, munchy, Oreo, Apollo, ofi, London biscuit, all got Palm oil

5. Cannot drink Nestle product as nescafe got oil Palm as well as kit chat

6. All chocolate product also cannot like Cadbury and all others.
Only can eat this one no Palm oil..Tudor gold by pm Corp.

7. Cannot eat cake, muffin or baked stuff as all got Palm oil

8. No more ice cream hor. All ice cream product got Palm oil. Lots of Palm oil.

9. No more fried Koay teow, fried rice or fried Mee hor.

10. Don't go supermarket any more hor.50% of the product got Palm oil.

So how?

Either you migrate to Australia and drink tea tarik with genuine milk for Rm10 a cup or go live with orange asking in jungle

Posted by VenFx > 2019-01-31 18:07 | Report Abuse

Ahmoing need feng sui boh ?

Posted by calvintaneng > 2019-01-31 18:08 | Report Abuse

Go live with orang asli in jungle. They no money so just boil or roast wild game

Posted by calvintaneng > 2019-01-31 18:24 | Report Abuse

Some more thing you cannot eat or drink if no Palm oil

1. Cannot drink milo anymore in Malaysia
Malaysia made Milo got Palm oil.
Singapore got 2 type. Malaysia formula with Palm oil or Australian formula with no Palm oil(expensive)

Or best is Buy Milo made in Australia. Zero Palm oil

2. No more tasty Penang hawker food for you. All got Palm oil.

3. No more fast food like McDonald, Burger King, Wendy, Pizza hut, marry brown.

4. Ha! All go drink Starbucks coffee!

5. All eat raw sushi like Japanese

Posted by Felicity > 2019-02-01 08:55 | Report Abuse

I did not say using palm oil is bad. And Soy does not cause swine flu

Posted by speakup > 2019-02-01 16:13 | Report Abuse

no need to apologize felicity coz Palm Oil IS BAD!

Posted by stockraider > 2019-02-01 17:32 | Report Abuse

If bad then u better go n earn more monies & use expensive sunflower oil loh..!!

If u don want to pay...so this bad...that bad...no use mah...!!

Bcos Palmoil is the most affordable value oil in msia mah....!!

Posted by newbie4444 > 2019-02-01 17:56 | Report Abuse

Dutaland, CBIP, Kwantas, Harnlen in danger?

Posted by calvintaneng > Jan 31, 2019 03:35 PM | Report Abuse
Palm Oil is in danger

Posted by Felicity > 2019-02-01 21:32 | Report Abuse

https://www.theguardian.com/business/2019/feb/01/trump-hails-china-trade-talks-progress-and-says-he-will-meet-xi-jinping-soon

At the end of two days of high-level talks next door to the White House, Liu told Trump China would make a new, immediate commitment to increase soybean purchases. An administration official later clarified the amount as a total of 5m tonnes, in effect doubling the amount bought by China since resuming limited purchases in December.

Posted by Icon8888 > 2019-02-02 07:04 | Report Abuse

Maybe massive buying of US soybean could be at the expense of Brazil Russia etc instead of substantially through palm oil substitution ?

Posted by stockraider > 2019-02-02 12:51 | Report Abuse

Commodity is commodity mah....!!

Price is determine by demand & supply mah....!!

If china want to only target buy usa soyabean, it must pay a premium loh....!!

Overall small negative to soyabean price loh...!!