According to Mr Shane the assist manager of ijmplant it was not the palm oil people that cut down the forest The cutting down of forests were done by lumber companies that precede palm oil
S is for social
Most palm oil companies have Msop cert and moving on to Rsop certification
So these are not the main concerns as palm oil companies can and do improve as they move up in responsible farming just like all other farms everywhere
Now why IB bankers downgrade palm oil when palm oil is a major industry in Malaysia
The main reason is this
IB bankers issued too many palm oil call warrants to bet against palm oil
So they talk bad about palm oil to press down it's share price irrespective of what they say is the truth or not
This is very unethical and disloyal to Malaysia which is a major palm oil producing country
THEY ARE THE ONES TELLING THE TRUTH (NOT MALAYSIA DIRTY IB BANKERS THAT SUBVERT PALM OIL)
Palm Oil Set For Bull Run After Indonesia Supply Plateau Nears JAKARTA: A palm oil bull run could begin with Indonesia’s production decelerating, even before palm oil output plateaus by 2021.
Right now excessive US dollar flooding every corner of this globe, couple with historic low interest regime by FED. Worse still is Malaysian ringgit is heading south non-stop. US dollar now at 4.235 ringgit and RMB is at 0.662 sen. All commodity prices set to go higher due to weakening US dollar, including palm oil.
CPO price trend trails soybean oil since it's the closest substitution. Any substantial price gap between CPO and soy oil will be filled up through shifting in demand. ESG does not has much impact to the CPO prices.
Therfore, tracking soy oil price is as good as CPO price in mid and long term.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,532 posts
Posted by calvintaneng > 2021-08-14 17:00 | Report Abuse
THESE 5 GOT BIG ACRES OF PLANTATION LANDS
From 200,000 Acres to 2 Million Acres.
1) FGV
2) SIMEDARBY PLANT
3) TAANN
4) TSH RESOURCES
5) THPLANT
6) JAYA TIASA
7) BOUSTEAD PLANT
Note: Singapore Land Mass is only 180,000 Acres. All of the Above Own Plantation Lands bigger than the Size of Singapore