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6 comment(s). Last comment by calvintaneng 2020-12-24 15:24

stockraider

31,556 posts

Posted by stockraider > 2020-12-05 12:35 | Report Abuse

What does this cpo price trend below tell U leh ??

Date Settlement Price RM
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227
25 Nov 20 3285
24 Nov 20 3249
23 Nov 20 3326
20 Nov 20 3288

Ans; Rising CPO price and Rising Profit loh!!

Until Sept latest qtr result cpo average is roughly rm 2600 mah!!

December QTR we will be seeing conservatively Average Price Rm 3200, that is 23% increase in price n this increase revenue will all goes to the bottom line profit as there are no cost applicable to revenue generated from price increase loh...!!

Just imagine if Average palm oil price is Rm 2800, U already see super strong profit loh!! But now we are at above 3500 loh...!!

Can U forecast & project what will palmoil company potential profit at rm 3500 cpo leh ?

stockraider

31,556 posts

Posted by stockraider > 2020-12-05 15:56 | Report Abuse

That means the upside of palmoil above Rm 3500 is still sustainable going fwd loh!!


"Soya Bean Oil {SBO} price premium over CPO currently stand at USD 195 per tonne. Consumers in India, Pakistan and other sub continents are price sensitive."!

Posted by EngineeringProfit > 2020-12-08 07:39 | Report Abuse

They cannot cope with increasing demand (pandemic and other disasters fail to kill enough people - unlike in the primitive-cum-naive past.........world population continue to grow)

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-24 15:24 | Report Abuse

WHOA FCPO JAN 2021 NOW REACHED RM3,877

GOING UP LIKE BALLISTIC MISSILE

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