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JAYA TIASA (4383) WAS 71.5 SEN REPOSTING THIS PALM OIL JEWEL & LATEST UPDATES, Calvin Tan
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CS Tan
4.9 / 5.0
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....
Nepo
3,432 posts
Posted by Nepo > 2022-10-08 06:46 | Report Abuse
Seasonally high production months are approaching for palm oil (and soya) and CPO prices are currently consolidating from a peak in April 2022 but we believe the price downside will be limited on: (i) still tight international edible oils and fats supply, (ii) more pronounced demand recovery in 2023, and (iii) elevated energy prices fueling demand for biofuel.