Dear Investors of Palm, oil Shares
I bring all Good Reasons why Palm Oil Bull Run will Resume Very Soon
1) FCPO HAS REBOUNDED TO RM4,289
CRUDE PALM OIL FUTURESFCPO1!
FCPO1!
MYX
VERY EXCELLENT11 AS COST OF CPO PRODUCTION RM1,800 there is more than 100% gross profit
2) BRENT OIL UP AT USD110 AGAIN
See
| 110.010 | 2.68% |
3) HIGH BRENT OIL WILL SPUR BIOFUEL REFINERY IN USA TO USE MORE SOYOIL
AND IF SOYOIL GOES UP BY PROXY PALM OIL WILL GO UP
Soybeans for Biodiesel Production
The many benefits to using soybean oil in the production of biodiesel include, soybeans are widely grown, the infrastructure and equipment to grow, transport and process them already exists, and the left over soybean meal is important for animal feed. Read more about the advantages and drawbacks of soybeans as a biofuel energy crop.
4) INDONESIA TESTING B40 TO SOAK UP EXCESS PALM OIL
Indonesia begins on-road evaluation of B40 biodiesel – tests using 12 vehicles to be conducted until end-2022
5) WAR IN UKRAINE IMPACTED 3 YEARS OF SUNFLOWER OIL SUPPLY
LAST YEAR: SUNFLOWER OIL STILL STUCK IN STORAGE
NOW NO MORE ROOM FOR STORING ALREADY DEPLETED HARVEST
NEXT YEAR: FARMERS TOO IMPOVERISHED TO PLANT AS THEY GO BANKRUPT
6) JULY HEATWAVE IN EUROPE WIPED OUT SEED OIL BY 9%
Falls in Europe’s crop yields due to heatwaves could worsen price rises
From Spain to Hungary, output of staples such as corn forecast to fall by up to 9%, adding to impact of Ukraine war on food security
