As one of the world largest palm oil producers, I do think that if we want to growth our investment portfolio, plantation will be a good choice. I even think that when we are talking about reusable energy, palm oil plays its important roles as well, with the RSOP in place as a watch dog.
Analysts said that El Nino will effects the production of palm oil, drier weather would effect the palm oil yield.
For related news on Btimes: Palm oil output growth to slow on El Nino
Let’s have a look on the monthly production data for TDM, month to month and quarter to quarter…
I will let the data speaks itself:
|Production Total (Metric Tonne)||Jun-09||May-09||Apr-09||Q209|
|Fresh Fruits Bunches||33,989.88||33,989.76||35,396.74||103,376.38|
|Crude Palm Oil||7,245.52||6,963.56||6,992.26||21,201.34|
|Production Total (Metric Tonne)||Sept-09||Aug-09||July-09||Q309|
|Fresh Fruits Bunches||55,390.11||49,391.64||40,570.48||145,352.23|
|Crude Palm Oil||10,200.47||10,208.30||8,475.67||28,884.44|
|Production Total (Metric Tonne)||Q2-Q3 Growth|
|Fresh Fruits Bunches||40.60%|
|Crude Palm Oil||36.24%|
With the production growth over 40%, how much will it contribute to TDM’s revenue in Q3, compared to Q2?
Will talk about this in my next post with the TDM’s latest quarter report.