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They are now predicting RM2500 for...

  1. hawleybeach
    752 Posts.
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    12/08/08
    21:28
    Post #: 4102871
    They are now predicting RM2500 for 2009

    http://biz.thestar.com.my/news/story.asp?file=/2008/8/12/business/20080812113056&sec=business


    I suspect Biofuel companies are waiting for the bottom to occur in Palm Oil pricing before they start production. It could be noted that the Crude Oil price is also dropping along with the current margin between Diesel and Unleaded which is also a factor.

    SBI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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