7 REASONS WHY PALM OIL BULL RUN WILL TURN INTO HOTTEST SUPERBULL OF ALL TIME, Calvin Tan
Dear Investors of i3 Forum
As the title implies we are of firm conviction that Palm oil bull run will morph into SUPERBULL
And these are the reasons
1) SYNCHRONIZED CROP FAILURE BY DROUGHT, FLOOD & WAR HAVE PROPLELLED CANOLA OIL, SOYBEAN OIL, SUNFLOWER OIL & PALM OIL TO WORLD RECORD HIGH PRICES
Drought in Canada wiped out Canola crop
Flood in Mato Grosso, Brazil & NSW of Australia impacted Soybean & Canola
Drought again hit Parana of South Brazil, Uruguay & Argentina Soybean
Then War in Ukraine has impeded Sunflower oil export.
Russia also face embargo on its sunflower oil & canola oil export
Indonesia to curb high cooking oil prices has altogether banned Cooking oil export
THIS UNISON OF SCARCITY BY DROUGHT, FLOOD & WAR ARE PUSHING UP ALL VEGE OIL AS A WHOLE
AND PALM OIL IN PARTICULAR AS INDONESIA IS TOP EXPORTER OF PALM OIL
2) LAST 4 YEARS SINCE 2018 PLANTING OF NEW PALM OIL HAS CEASED DUE TO GREENPEACE RELENTLESS ATTACK ON PALM OIL DUE TO ESG
FRANCE'S RAPESEED GROWERS SPREAD RUMOUR THAT OIL PALM KILLED ORANG UTAN
SO ARE THE SOYBEAN FARMERS OF USA AGAINST PALM OIL
WITH NO EXTRA PALM OIL PLUS A HUGE POPULATION OF 273 MILLION PEOPLE INDONESIA NOW BAN PALM OIL EXPORT
AT A NEEDY TIME LIKE NOW IT WILL MEAN VERY VERY HIGH FOOD INFLATION WORLD WIDE
3) WHILE THERE IS NO EXTRA INCREASE OF OIL PALM THE WORLD POPULATION CONTINUES TO GROW BY 80 MILLION A YEAR (1% OF WORLD POPULATION 8 BILLIONS)
4 YEARS MEAN 320 MILLION MORE MOUTHS TO FEED (ABOUT THE POPULATION OF USA)
4) NOW COST OF FERTILIZER IS UP. MAN POWER COST ALSO UP DUE TO COVID TESTING
HIGH FUEL COST FOR TRANSPORT. ALL THESE ADD UP TO TOTAL OVER ALL COST OF PRODUCTION
5) ONGOING WAR IN UKRAINE AS WE TYPE
This is now April - the crucial planting month for Sunflower oil in Ukraine. Failing which will not see any harvest by end 2022. Thus year 2023 Sunflower oil supply will also be hit hard
And right now in USA winter wheat is facing drought condition
Down South La Lina weather havoc continues....
All these can only mean Vege Oil Supply for all of 2022 till Year 2023 to be very uncertain
6) CHINA HOARDING GRAIN AND OIL
After China experienced 10 Huge Typhoons & 3 SUPER TYPHOONS AS FAR AS ITS BREAD BASKET IN HEILONGJIANG IS NOW STORING UP FOOD LIKE NO TOMORROW
So is Russia, Argentina limiting Soymeal export And now Indonesia also start hoarding Palm oil
In India Mustard Seed oil farmers are also hoarding in the Hope for better prices
7) IN USA Under Joe Biden Election Mandate many Fossil Fuel Refineries have been converted to Biodisel Refineries
This will turn food crop like Soybean & Corn into Biofuel - thus depleting Cooking Oil Supply
ALL THESE CONVERGING FACTORS ARE REAL POWERFUL CATALYSTS TO PUSH UP CPO PRICES TO NEW UNCHARTED TERRITORIES IN DAYS, WEEKS & MONTHS TO COME
A POWERFUL UNSTOPPABLE SUPERBULL RUN TIME FOR PALM OIL HAS COMMENCED
JOIN THE RIDE EARLY & DON'T MISS OUT
WARMEST REGARDS
Calvin Tan
Please buy or sell after doing your own due diligence or consult your Remisier/Fund Manager
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-04-25-story-h1621607451-7_REASONS_WHY_PALM_OIL_BULL_RUN_WILL_TURN_INTO_HOTTEST_SUPERBULL_OF_ALL
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