76% sunflower oil produced is from black sea region Ukraine. Guess they need alternative for a cheap source of vegetable oil... Here you come Malaysia palm oil!!!
Best counter to accumulate on price pull back...integrated palm oil player...besides producing FFB,CPO + PK,company has its own palm oil refinery that produces RBD Palm oil,RBD palm olein and RBD palm sterin.And to top it up,company has its own fertiliser plant...so able to manage escalation cost of fertiliser plus able to profit from sales to other oil palm cultivators as well...
Many European nations are considering reversing a ban on palm oil, not just because of the shortage of sunflower and rapeseed oils, but also because Russia and Ukraine produce 70 per cent of the supplies.
It is a blessing in disguise for Malaysia when it comes to palm oil.
Many political and economic pundits are saying that European nations did not expect that they may have to reverse the ban on palm oil after all the allegations that Malaysia is one of the palm oil-producing countries that indulged in deforestation.
(April 5): Oil palm growing nations will continue to supply the tropical oil to Europe as consumers in the region switch to alternatives due to the shortage of sunflower oil, according to the Council of Palm Oil Producing Countries.
Buy and keep till year end maybe. Not for short-term, risky. CPO up 3% does not have effect, EU can suddenly says My uses force labour and choose other different oil like soybean. So this really for long-term, short-term maybe makan ketam can la...
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....
ipohwhitecoffee
798 posts
Posted by ipohwhitecoffee > 2022-02-28 09:06 | Report Abuse
Billion cap ketam goreng