New Britain Palm Oil Share Discussion Threads

[gunther1] 23/4/2009 14:23

Very nice, up trend continues!

[gunther1] 23/4/2009 12:04

Palm oil companies heavily in demand in Singapore today:

"The biggest gainers of the day were palm oil producers, following news that Russia might be raising import tariffs for tropical oils in June.

According to CIMB, importers in Russia might accelerate purchases of tropical oil, including palm, before the tariff is raised, pushing crude palm oil prices higher in the short term."

[boozeedoo] 15/4/2009 19:06

I'd have to say this stock is a cracker. I Cleared funds on other stocks and bought more here - it is gonna go up fast...

[gswredland] 15/4/2009 12:17

Blimey!!!Maybe 500 in a couple of months!

[5mally] 15/4/2009 11:50

nearly there already!

Crude palm oil futures surge, stockpile seen falling further


put in an order for a few more mid morning but my price was too low / guess too greedy and lost out.

[gswredland] 15/4/2009 11:00

Thanks for that booze.
Could be good for 400 over the next few months.

[boozeedoo] 15/4/2009 07:25

Interesting article re strong palm oil demands....



'Experts in Oil World, a German analysis firm, believe that global palm oil consumption for the year to October will rise substantially from last year and will outstrip supply by about a million tonnes.'

'The recent strength of demand for palm oil has been bolstered by factors elsewhere that have affected production of soya bean oil - the chief cooking alternative in many Asian countries. Argentina's output has been hit by drought, and some observers expect further contraction of South American supply as strikes by farmers make their mark.'

Good news all round!

[woracle] 10/4/2009 19:13

Works fine for me... and been working fine for years following CPO prices, delayed by 15mins. I am very weary 2 day old headlines from palmoilhq as they are often pretty useless and out of date by the time they are published ...

FYI, FCPO April09 futures settled at 2417RM. Timed April 10, 6:05pm Malaysia time.

[leedskier] 10/4/2009 07:04

Posted: 09 Apr 2009 12:00 PM PDT

Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended on a six-month high yesterday on market talk that end-March palm oil stock is going to be lower than expected, dealers said. "The stock is expected to be lower than 1.4 million tonnes, which fuelled sentiment of a possible a squeeze in global vegetable oil

[leedskier] 09/4/2009 19:32

your link is dead!

[woracle] 09/4/2009 16:53

Whats the point of that information ? CPO moves up and down minute during trading hrs..

If you want some usable and meaning info.. try this for CPO futures

[leedskier] 09/4/2009 07:08

April 9, 2009 3:00 GMT+8
Crude palm oil futures down as investors take profits

[leedskier] 04/4/2009 05:43

April 3, 2009 3:00 GMT+8


Malaysian crude palm oil futures soared 5.1 per cent to a fresh 6-month peak yesterday, boosted by rising oil prices and fears of a supply squeeze, traders said.

[boozeedoo] 03/4/2009 08:52

Not many shares can give us charts like that this year - just treated myself to some more!

[hulksmash] 03/4/2009 06:35

It was a great recovery at the end. I hope it continues now that it has breached 300p.

[leedskier] 02/4/2009 17:55

not so flat at the close...;)

I am in here quite deep from mid Q4 08 and I note that this evening my holding is only down 5.66%. Given where the FTSE is c/f with then, that is a very good recovery.

[insideryou] 02/4/2009 08:55

big gains across the board.. Thisflat.. zero volume.... interesting, but not in a good way

[hulksmash] 01/4/2009 16:37

Well that was a good decision to get back if I do say so myself!

[hulksmash] 01/4/2009 16:21

I think it is. I've got back in.

[lucky_lady] 01/4/2009 16:20

Could be a tree shake

[hulksmash] 01/4/2009 16:19

lol. No clue. I am tempted to get back in even though I have lost out. Its a pretty good price and initially looks just like a shake