Blog: Bumitama Agri- Disappointing End to the Year; D/G to NEUTRAL

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2 comment(s). Last comment by calvintaneng 2023-03-03 21:26

calvintaneng

273 posts

Posted by calvintaneng > 2023-03-03 21:24 | Report Abuse

Look at the brighter side

1) Nitrogen Fertilizer from Natural Gas down 70% from USD10 to USD3
Will give Savings

2) Indonesia implementing B35 will take up 13 Million tonnes of Cpo & support prices

https://tradingeconomics.com/commodity/natural-gas

calvintaneng

273 posts

Posted by calvintaneng > 2023-03-03 21:26 | Report Abuse

FCPO noe above Rm4350 will see good profit of more than 130% as cost of Cpo production only Rm2000 a ton

https://www.tradingview.com/symbols/MYX-FCPO1%21/

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