M.p. Evans Share Discussion Threads

[pcuser] 20/5/2022 10:55

www.thewest.com.au/business/indonesia-to-end-palm-oil-export-ban-c-6865373

"On Tuesday, hundreds of small palm oil farmers rallied in several cities, demanding the government end the ban."

:D

[tigerbythetail] 19/5/2022 11:24

www.bloomberg.com/news/articles/2022-05-19/indonesia-lifts-palm-oil-export-ban-in-relief-to-global-market

Indonesian export ban lifted - good news!

[tigerbythetail] 29/4/2022 11:00

Hi WSkill!
AEP has been trading in London since 1985.
It seems a it extreme to write them off because of their broker. I can barely name a broker with a clean record.

[wskill] 29/4/2022 10:38

I see manure gordon is the broker in AEP it looks very good the 2021 result but I remember the Chinese rubbish they brought to the market a good few years ago they also had huge amounts of cash on the balance sheets it all vanished in a puff of smoke.
For this reason I try and steer clear of any Manure Gordon brokered companies.

[tigerbythetail] 29/4/2022 08:34

For those interested, AEP's results for 2021 have just come out. IMO, they're excellent.

[ntv] 29/4/2022 07:25

The trouble is it won't really work as it will bought by organizations and stored for export via a black market that means the government will not receive a penny in tax.
Rationing would work and more tightly controlled domestic markets
I can't see those exporters suddenly dumping on the domestic market . wait a few weeks until export markets re open at the already climbing price
Storage will be in peak demand

[cwa1] 29/4/2022 06:17

INDONESIAN GOVERNMENT ANNOUNCES RESTRICTIONS TO PALM OIL EXPORTS


M.P.Evans Group PLC, a producer of sustainable Indonesian palm oil, notes the updated announcement made on 27 April by the Indonesian government of plans temporarily to ban exports of palm oil, including both crude palm oil and refined products, effective from 28 April, to protect domestic supply. Local demand for palm oil is expected to increase significantly for a short time over the Lebaran festival period, celebrated over the next seven to ten days.



The Indonesian government last month introduced a revised export levy to subsidise local supplies as global supplies of vegetable oil have been limited. Indonesia is the world's largest producer of palm oil and a significant consumer, accounting for 59% of global supply and 22% of global consumption in 2021.



Management continues to monitor the situation closely and awaits clarity from the Indonesian government regarding the length of the export ban and extent of its impact on the domestic market. The Company will provide further updates as appropriate.

[c3479z] 28/4/2022 19:10

according to rte, the export ban may be lifted in May after Ramadan but only if cooking oil prices drop very significantly in Indonesia as a result of the export ban. seems that the oil has been going for export rather which is more lucrative constraining supply to the domestic market where prices have been lower..

[nobull] 27/4/2022 11:12

Palm oil futures suddenly gone mad. June contract up 678 ringgit. That's a very sharp move all of a sudden. Maybe they've changed their mind and have really decided to ban CPO exports now!

[nocton] 27/4/2022 07:41

Since most of Indonesia's palm oil is exported, this export ban is about controlling local prices. In the past, Indonesia has levied export taxes to control local market prices and direct supply to local refiners. Unless Indonesians start to use more palm oil - unlikely - it can have no effect on palm oil supply and price except in the very short term.

[c3479z] 26/4/2022 21:19

indonesia produces about 56% and Malaysia just over a quarter so Indonesia export ban serious?

[wskill] 25/4/2022 12:51

So no ban on crude palm oil.

[nobull] 31/3/2022 15:06

Okay, I'll put Lidl's battered cod back on the menu for the time being.

Mind you, if the unrealised capital gains on this stock continue, I might have to become non UK ordinarily resident for tax, and there's no Lidl's battered cod in Beirut or Bangkok.

It's looking like fried buffalo steak in palm derived cooking oil, or Full Madams in Beirut instead of cod.

[wad collector] 31/3/2022 10:42

I am well aware of the biochemistry of fats, and all too familiar with the inside and outside of coronary arteries. I suspect that we will continue to differ, you rightly observe that most dietary studies are flawed, both by the impossibility of randomised controlled studies and the duration of intervention.However I think the body of unbiased non-industry funded evidence does not support palm oil as a lower risk food but am sure that you will disagree.
I hold these because I think they are a good investment rather than a desirable source of food, which I acknowledge involves a certain amount of hypocrisy, but I will stick to sunflowers...

[nocton] 31/3/2022 10:07

It is amazing how the prejudice against palm oil lingers, even after there have been lots of modern dietary studies showing it is OK in the diet and after the WHO's guidelines on what the balance of fatty acids should be in the diet. It was all driven from the US when the soy producers realised that Palm was going to overtake soy as the world's favourite oil.

Palm oil is a perfectly healthy food ingredient. There is no such thing as a 'saturated fat' only saturated fatty acids. PO contains about half saturated fatty acids, like meat or butter, but about the same amount of mono-unsaturated fatty acids like olive oil and 10% polyunsaturated (which Olive oil does not, to its detriment) and as part of a healthy diet which contains polyunsaturated acids it is perfectly OK. The original rat studies which suggested that saturated fatty acids were totally bad, fed the rats nothing but saturated fatty acids and were totally flawed and misleading. And then we had all the advertising in the US that palm was poisoning the Americans. As you need some more-solid/saturated fats to make all sorts of products that we like, the Americans ended up with hydrogenated soybean oil as replacement, resulting in higher heart disease rates than European countries who used palm oil instead.
As I mentioned, palm is the best and safest oil for frying so your battered cod is the healthiest it could be.

Just stick to the WHO and British Nutrition guidelines that saturated fatty acids (not fats) should comprise no more than a third (10% energy)of the total fatty acids in the diet, the rest being mono and poly fatty acids.

[nobull] 31/3/2022 07:49

Lidl's battered cod off my menu then - it contains palm fat.

[wad collector] 31/3/2022 07:39

As you say, it does have more oxidation resistance. But its ease of transition to margarine is largely from its highly saturated composition; it has 5 times the saturated fat content of sunflower oil. And the consensus of evidence is still that our arteries don't enjoy that.

[nocton] 28/3/2022 15:40

Palm oil, and especially palm olein its liquid fraction, is a healthier option for frying than sunflower, soy or rapeseed oils as it does not oxidise so easily. It is also a key ingredient for any sort of margarine or shortening. Hence its major use for those purposes and the reason why it is the world's most important vegetable oil.

[wad collector] 28/3/2022 13:57

That IC article also pointed out that Palm Oil is a substitute for the sunflower oil for which Ukraine produces 30% of the world supply. (not a healthy option mind you but better than starvation), so a good defensive play at the moment.
Sp graph certainly impressive.