most of the analyst predict cpo price around 4000 this year 2022 and 3500 next year 2023. this prediction do confused me coz from what i see cpo price hitting 6400 currently and i don't think the supply will come out from nowhere and crash the price to 3500. as for the demand side, i can only see increasing demand due to shortage of other vegetables oil in the market . that's why i don't know how the analyst predict the cpo price...pls enlighten me if u know how the analyst think
Nowadays, you can't even find those subsidized oil packet! Can't even find eggs in supermarket! I am afraid many restaurants and hawker stalls will close shop! This two ingredients are essential! Anyway, good riddance to EU for snubbing palm oil! Now, they are begging for palm oil! As for palm farmers, they are laughing all the way to the bank! For us consumers and food business owners, it's a huge struggle!
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....
rollingkim108
24 posts
Posted by rollingkim108 > 2022-02-26 10:27 | Report Abuse
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