TOP 8 ROCK SOLID REASONS WHY PALM OIL WILL GO INTO
Dear Friends & Investors of i3 Forum,
To-night we SEE even more clearer that Palm oil Is entering the "ONCE A CENTURY SUPERBULL RUN"!
THE TOP 8 REASONS ARE VERY CLEAR & APPARENT FOR ANYONE WITH "EYES" TO SEE & "EARS" TO HEAR
Here we go
1. After China destroyed the Amazonian Forests by buying Very Cheap Logs to destroy the Forest THERE IS NOW A RIVER IN THE SKY.
THIS RIVER IN THE SKY IS SLOSHING EVERYWHERE HITTING HEILONGJIANG WITH 3 SUPER TYPHOONS & ALSO ONCE A CENTURY FLOOD IN SELANGOR (TAMAN SRI MUDA IN PARTICULAR. IT IS NOW HITTING SYDNEY
SO CHINA IN FEAR FEAR OF 1960S FAMINE IS BUYING UP & STORING UP SOYBEAN, CORN AND OTHERS LIKE NEVER BEFORE IN A TIME OF WORLD SHORTAGE
See
SOYBEAN SHIPS CARRYING GRAINS TO CHINA FROM BRAZIL (IN BLUE DOTTED VESSELS)
2) LAST AUTUMN CANOLA OIL HARVEST FAILED IN CANADA
CANOLA OIL NO ENOUGH NOW PRICE UP ALMOST DOUBLE FROM LAST WORLD RECORD OF USD600 TO UNCHATED TERITORY (THIS CANOLA/RAPESEED OIL WON'T BE ENOUGH EVEN INTO YEAR 2023 OR BEYOND)
See chart
1990199520002005201020152020
1139.1
PALM OIL IN TANDEM WITH CANOLA UP SHOULD NOW BE RM7,500 TO RM8,000 A TON (THIS WILL LAST AS LONG AS CANOLA OIL PRICES REMAIN HIGH: )
3) SOUTH AMERICAN SOYBEAN IMPACTED BY BAD WEATHER
BRAZIL NORTH TOO WET WITH RAIN WHILE BRAZIL PARANA & ARGENTINA TOO DRY IMPACTED SOYBEAN GROWTH
Latest News show that Brazil Soybean production might fall below 120 Million Tons
That again Pushed Soybean Prices into World Record like Canola Oil
4) Co-Insiding with The Drop of Canola oil & Soybean Oil USA under Joe Biden Election mandate has TURNED TO RENEWABLE ENERGY: So Fossil Fuel Refinery CANNOT OPERATE UNLESS THEY USE SOYBEAN TO PRODUCE BIODISEL
BIODISEL DEMAND WILL INCREASE BY ANTOTHER 10% IN A VERY TIGHT MARGET
Renewable Diesel's Rising Tide
An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity.
The appeal of stacking the $1-per-gallon biodiesel tax credit on top of California’s Low Carbon Fuel Standard credits, while reducing RIN exposure for those that have it, has encouraged a race for renewable diesel production capacity that will likely transform America’s biomass-based-diesel industry over the next few years.
The federal tax credit is guaranteed only through 2022, but that's runway enough for developers to continue transforming half a dozen U.S. oil refineries into renewable diesel plants, even as two existing renewable diesel producers—both in Louisiana—proceed with massive expansions. As 2020 expired, Biodiesel Magazine was aware of four operational renewable diesel plants in the United States: the two expanding facilities, capable of producing 90 MMgy and 275
THIS PIVOTING FROM FOSSIL TO BIOFUEL IS ON-GOING & NO TURNING BACK NOW!
5) MALAYSIA LACK OF FRUIT HARVESTERS & INDONESIA 30% CURB OF PALM OIL FOR DOMESTIC USE WILL FURTHER RESTRICT SUPPLY OF VEGE OIL ON WORLD MARKET
SO WE HAVE VERY LIMITED SUPPLY OF CANOLA OIL FROM CANADA DUE TO DROUGHT. LIMITED SUPPLY OF SOYBEAN FROM BRAZIL & ARGENTINA DUE TO BAD WEATHER. AGAIN WE HAVE LIMITED SUPPLY OF PALM OIL FROM INDONESIA
ALL THESE CONVERGE AT A TIME WHEN WORLD POPULATION HAS INCREASED BY ANOTHER 160 MILLION PEOPLE (POPULATION GROWTH OF 1 PERCENT FOR YEAR 2020 MARCH TILL 2022 MARCH OF 8 BILLION PEOPLE.
6) THIS IS THE LATEST: UKRAINE BEING WORLD TOP EXPORTER OF SUNFLOWER OIL NOW UNDER WAR.
ITS PORTS ARE CLOSED. PLUS ITS SEED CRUSH INDUSTRIAL FACTORIES ARE CLOSED
THAT MEANS SUNFLOWER SEED OII NOW NOT ENOUGH
INDIA'S 2 MILLION TON MONTHLY IMPORT OF SUNFLOWER OIL WILL NOW BE DIVERTED TO SOYOIL, CANOLA OIL OR PALM OIL (THAT WILL KEEP PALM OIL HIGHLY ELEVATED)
7) THE IMPACT OF WAR ON UKRIANE HAS FAR REACHING CONSEQUENCES:
NOT ONLY THEY CANNOT EXPORT CURRENT STOCK OF SUNFLOWER OIL
NOW TILL NEXT MONTH IS SPRING IN UKRAINE & THE WINDOW OF PLANTING FOR SUNFLOWER ONLY LAST TWO OR MORE WEEKS THEN TOO LATE TO PLANT AS SUMMER"S HOT WEATHER WILL BE TOO LATE FOR PLANTING
WITH 2.5 MILLION UKRAINING EXILED TO POLAND AND AMONG THEM ARE FARMERS THAT MEANS CROP FOR 2022/2023 WILL NOT BE PLANTED AT ALL. THE LITTLE THAT DARE TO PLANT MIGHT NOT SEE ANY SURVIVING CRUSH FACTORIES & WILL PORTS & INFRASTRUCTURE BE IN GOOD ORDER FOR EXPORT?
THIS WILL BE ANOTHER GREAT PRO-LONGED SHORTAGE OF VEGE OIL
7) RUSSIA ANOTHER HIGH CANOLA OIL PRODUCER S WELL AS WHEAT, BARLEY, SOYBEAN & OTHERS MAY PRODUCE
BUT IT IS FACING EXPORT EMBARGO & ITS BANKS CANNOT TRANSACT WITH THE FREE WORLD FREELY
AS SUCH LOTS OF VEGE OIL & FOOD GRAIN WILL BE TAKEN OUT OF WORLD MARKETS
8) RUSSIA IS ALSO AMONG WORLD CRUDE OIL EXPORTER
JOE BIDEN HAS BANNED OIL EXPORT FROM RUSSIA
WITH CRUDE OIL CROSSING USD100 THERE WILL BE FURTHER IMPETUS TO USE CANOLA, SOYBEAN & PALM OIL AS BIOFUEL
THIS IS ANOTHER FUNDAMENTAL & STRUCTURAL PUSH FOR PALM OIL PRICES TO REMAIN VERY VERY HIGH FOR ALL OF YEAR 2022 & WELL INTO YEAR 2023 & BEYOND
THATS IT
Since KLSE Top 30 Stocks Daily Traded are still dominated by INFERIOR GORENG STOCKS OF LITTLE REAL VALUE BUT ONLY HYPE: AND PALM OIL STOCKS STILL UNDER DOUBT AND UNLOVED BY THE MAJORITY CALVIN THINKS THIS IS STILL AN EARLY PALM OIL BULL MARKET WITH LOTS OF ROOM FOR UPSIDE
SO OUR ADVISE IS TO BUY ON WEAKNESS OR PULL BACK
AFTER BUYING (DON'T CONTRA FOR SMALL GAINS) BUT HOLD TIGHT TIGHT TILL DECEMBER 2022 OR BEST TILL JUNE 2023 & SEE THE "ONCE A CENTURY" PALM OIL SUPERBULL UNFOLDS RIGHT BEFORE OUR EYES IN AMAZING WONDERMENT
DON'T MISS NOW!
Please buy or sell after doing your own due dilgence or consult any competent remisier/Fund Manager
WARMEST REGARDS
Calvin Tan
Jurong West, Republic of Singapore
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2022-03-13-story-h1600220303-TOP_8_ROCK_SOLID_REASONS_WHY_PALM_OIL_WILL_GO_INTO_ONCE_A_CENTURY_SUPER