nerdz_artemic

an early morning joke about slump price of CPO ... #LOL

Short
nerdz_artemic Updated   
MYX:FCPO1!   Crude Palm Oil Futures
disclaimer mode : on
basic argument : just wild guessing with baseless conclusion
story build & narrative : - just late phase of downturn on CPO price panic mode in the new normal condition after pandemic scenario (wild guess)
- replanting old and mature tree which economic age already reached (old data & facts)
- moratorium on palm oil plantation planted area by government of Indonesia (old legislation)
- to achieve great demand for biofuel FAME need more slumped CPO price more than crude oil (author hope)

Trade closed: stop reached:
wrong estimate... LOL ...
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