Posted by calvintaneng > 2021-08-10 20:49 | Report Abuse

Wonderful advise

The story of palm oil many

1. Cpo over Rm4000 all palm oil companies making 100% gross profit as cost of cpo production as low as Rm1465 for Thplant

2. USA pivoting to Biodisel for Clean , Green energy push up soybean and by proxy palm oil up

3. Floods in China and Drought in USA depletes crop production leading to high corn, wheat and soybean thus keeping palm oil prices elevated

1 & 3 reasons might be cyclical

but 2 reason is structural long term change as palm oil will rise in prominence as a new energy use for a very long time