Biodiesel Machine (kuala lumpur 24 days of dispatch) derv of biology of old horse B10 is delayed to a bit just will carry out in July, analyst thinks won’t oily to palm inventory and price bring striking impact, maintain domain grade and case of palm oil price to forecast changeless.
Cultivate according to old horse reach former estate department to express, biology derv plan will leave in June surely formerly run, a month after be being delayed nowadays comes July.
Couplet prosperous considers to express, extend this be not super- anticipate, because of car line of business person early before express have not be all set, the car that uses diesel oil half is only applicable at most B7 derv.
Should think this message is affected to the domain all right slightly negative, but because estimation carries out B10 every months,bad news of you only need to do makes an appointment with oil of former palm of 30 thousand metric ton, because this is right the impact of the price is not striking.
Anticipate before the government is early carry out B10 to will make old horse annual palm oil consumption rises from 350 thousand 2000 metric ton to 700 thousand 9000 metric ton.
Should maintain all right with next year former palm price is this year 2450 your auspicious and of 2600 your auspicious forecast.
MIDF considers to think, this delay is not sent right at present low stocks has distinct effect, former palm oil price still is underestimated whole, maintain “ front ” to cultivating industry view, hopeful near future can go up 2500 to price of 2800 your auspicious.
Should point out all right, be based on palm oily inventory to already was in the tip of a twig will drop to 5 years in May low 1.65 million metric ton, distinct effect stock is not sent after be being delayed a little, jie of long-term instead conduce is aided higher living things is used and reduce inventory.
“ anticipates arrived to will come in September about between November, biology derv plan is intense after carrying out, conduce is in inventory management under 2.5 million metric ton in. ”
Also should believe palm oil will consume diesel oil of Gao Yusheng matter to consume growth to concern in May all right, palm oil will consume the raise that press a month in May 3.4% , by year litre 8.9% to 260 thousand 0 522 metric ton.
Hole of kuala lumpur armour is first selection
MIDF considers to think former palm oil price still is underestimated at present, although stock already fell,come 5 years new low, the price difference of former palm oil and soybean oil expands one times to every metric ton 110 dollars, and surmount the 98 dollars of average perch a year ago, early days price needs 54 dollars.
“ we look into ‘ front ’ to growing line of business, hopeful near future can go up every metric ton reachs raise 2500 to price of 2800 your auspicious, and with hole of kuala lumpur armour (KLK, 2445, advocate board cultivate group) for first selection, target price 27 your auspicious 38 celestial being. ”#p#·ÖÒ³±êÌâ#e#
Hole of kuala lumpur armour is tall expose Yu Zong oily business, but from Gao Zong oil price is indebted, head gain of half an year is pressed year go up 41% to 500 million 3600 your auspicious, for big sth used to one’s own advantage of unusual “ Islamic ” can develop round table continuously with palm oil (RSPO) member.
Couplet prosperous maintains domain “ to counteract ” grade, first selection is cultivated it is couplet earth whole world respectively (FGV, 5222, advocate board cultivate group) cultivate with cloud top (GENP, 2291, advocate board cultivate group) .
Begin to import palm oil duty from next year of purpose as to France from every metric ton 100 euro rise to 300 euro, old horse and Indonesian and solemn and just protest and discussing the way to deal with a situation, analyst thinks France occupies oil of old horse palm to export 0.06% proportion only, the impact is not big, alone worries about country of other European Union to follow suit.