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207 comment(s). Last comment by xing at Oct 21, 2020 12:37 PM
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Mabel
9870 posts

Posted by Mabel > Oct 9, 2020 7:25 PM | Report Abuse

9th October hari ini
Harga Sawit naik lagi
Perlabur Sawit pun banyak senang hati
Sudah Lima Mercedes Mabel sudah beli..

Meow Meow Meow


Mabel
9870 posts

Posted by Mabel > Oct 10, 2020 12:44 PM | Report Abuse

Plantation - Key Takeaways From Globoil's Webinar
Date: 9th October 2020

Solvent Extractors Association of India organised a webinar yesterday titled “World Price Outlook for Vegetable Oils and Meals”. There were three speakers i.e. Thomas Mielke from Oil World, Dorab Mistry from Godrej International and James Fry from LMC International. Here are the key takeaways from the webinar: -

James Fry said that rains and good palm prices would encourage better estate maintenance in Malaysia and Indonesia, leading to improved palm production in year 2021F. Rains would boost CPO supply in early-2021F and in the meantime, there would be a seasonal pick-up in production in 4Q2020. Peak palm production may be delayed by a month or two from the usual month of October or November in Malaysia.

In terms of demand, many companies in the HORECA sector (hotels, restaurants and catering) may not survive without government support. Families in low income countries may be trading down to smaller bottles of cooking oil. James Fry did not give a price forecast.

Thomas Mielke said that CPO prices may hover around US$700/tonne (RM2,905/tonne) in 1H2021. He forecasts global production of palm oil to increase by 3.5mil to 4mil tonnes in 2021F. CPO output in Indonesia is estimated to rise by 3mil tonnes in 2021F from about 43mil tonnes in 2020E. Thomas Mielke expects CPO production in Malaysia to be flat in 2021F.

He added that global soybean supply is ample currently in spite of weather-related losses in the US. He expects world soybean supply to increase by 21mil tonnes in 2020E/2021F as Brazil is envisaged to record a record output of 132.5mil tonnes (2019/2020E: 126.5mil tonnes).

Dorab Mistry believes that CPO production in Malaysia would be flat at 19.9mil tonnes in 2020E compared with market expectations of a decline. We believe that this implies that 4Q2020 production would be strong as Malaysia’s CPO output fell by 4.7% YoY in 8M2020. He did not give a production forecast for 2021F although he said that palm supply would be good.

Dorab has suggested a dynamic biodiesel mandate to the Indonesia government whereby if CPO prices exceed US$600/tonne, the biodiesel mandate would be reduced to B25 from B30. If CPO prices exceed US$700/tonne, the biodiesel mandate would be reduced further to B20. With this, the biodiesel mandate would still be implemented but at the same time, the smallholders would not be affected by the CPO export levy. Currently, Indonesia implements the B30 biodiesel mandate with subsidies from the CPO export levy of US$55/tonne.

Mabel Research House


alfred
76 posts

Posted by alfred > Oct 17, 2020 1:29 PM | Report Abuse

Stressing a point In the virtual International Palm Oil Sustainability Conference (IPOSC 2020) hosted by the MPOC recently, he said despite rapeseed’s scandalous distinction, its import and use for the EU’s biofuel requirements get a free pass with no questions asked about its sustainability.
Canada, as one of the biggest sources of rapeseed for biofuels in the EU, also gets ‘unfettered access’ to the EU’s biodiesel market,


Michael Kwok
2583 posts

Posted by Michael Kwok > Oct 17, 2020 10:45 PM | Report Abuse

U see mine 50 percent above return.Its went to as high 15 cents(in 3rd quarter 2020) or 85 percent returnfrom the pricing as date below.KLK only went to as high as less thn 15 percent return which is rm 24.

Michael Kwok
2551 posts
Posted by Michael Kwok > Apr 9, 2020 4:12 PM | Report Abuse X

Come to Benalec.Put rm 50k to invest.Only 8-10cents.Nothing to lose.Long term will be rewarded.Land reclaimation company.Company should come clean after 3 years of impairment.


Michael Kwok
2551 posts
Posted by Michael Kwok > Apr 9, 2020 8:17 PM | Report Abuse X

Please read.Please follow;....
Michael Kwok
1659 posts
Posted by Michael Kwok > Apr 9, 2020 4:12 PM | Report Abuse X

Come to Benalec.Put rm 50k to invest.Only 8-10cents.Nothing to lose.Long term will be rewarded.Land reclaimation company.Company should come clean after 3 years of impairment.


Michael Kwok
2583 posts

Posted by Michael Kwok > Oct 17, 2020 10:47 PM | Report Abuse

Now,Im calling to invest in SCH 10.5 cents-13 cents.If got money invest rm 50k or above.KLK shareholders Usually got money.If normal rm 15k.The shareholder of SCH is Dato Ong from Rubberex(rubber glove company) or through Hextar(mother company of RUBEREX.


Michael Kwok
2583 posts

Posted by Michael Kwok > Oct 20, 2020 1:24 PM | Report Abuse

Last call for KLK shareholder.Buy SCH 11 cents only.Invest rm 50k above.The train going to leave.


xing
41 posts

Posted by xing > Oct 21, 2020 12:37 PM | Report Abuse

Crude palm oil (CPO) prices were up to a nine-month high of RM3,011 per tonne in mid-September, as a result of the recovery in demand for palm oil mainly from India and China. This contrasted with the low of RM1,962 per tonne in May.

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