Crude Palm Oil

I've just opened a futures account to trade crude palm oil (CPO). I can see the bright future of palm oil industry. If you look at the agricultural history of Malaysia even before independence, there is a gradual swift from rubber tree plantation to oil palm plantation. Malaya (Under British colonization) made huge profits during the first world war by trading rubber exporting rubber to major countries of the world such as America, Japan and European countries such as Germany. Rubber is needed for manufacturing of tyres which is mass produced for military vehicles during war times. However, during second world war, due to short supply and trade war, the Japanese had invented synthetic rubber! Since then, rubber demand has fallen dramatically throughout the world. Today, it is mainly used for the manufacturing of gloves and tyres. And since then, Malaysia has shifted from a country that rely heavily on rubber plantation and mining to an industrialized country. The focus has been place into plantation of oil palm. Today, Malaysia is one of the biggest exporter of palm oil. Most of our biggest listed companies are some how directly or indirectly involved in the palm oil industry (Sime darby, IOI corporation, United plantation, Genting plantation, ...)

Palm oil can be found in many products ranging from cooking oil and biscuits to bio diesel and medical products. More research will be done on CPO and i'll write more about it in coming weeks.
Thanks