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Guatemalan firm has been accused of environmental and human rights abuses. Cargill has suspended business with a major Guatemalan palm oil supplier that has been accused of human rights violations and environmental degradation, an uncommon move by the agribusiness giant.

New Delhi, Jan 1 (PTI) Crude palm oil prices were up 0.61 per cent at Rs 559.50 per 10 kg in futures trade today as speculators built up fresh positions, taking positive cues from spot market on pick up in demand.

PETALING JAYA: Kenanga Research has initiated coverage on Sime Darby Plantation Bhd with a "market perform" recommendation at a target price of RM5.50, on the account of the plantation giant’s market leadership position, emphasis on sustainable palm oil production, fresh fruit bunch (FFB) production recovery, research and development efforts and integrated operations.

IT came as a surprise when the Federal Land Development Authority (FELDA) was reported to be in talks to acquire a 37% stake in PT Eagle High Plantations Tbk from Tan Sri Peter Sondakh’s Rajawali group. The deal was concluded for US$505.4 million or RM2.26 billion in April.

KUALA LUMPUR: Malaysian palm oil fell on Friday, headed for a second day of decline, as it tracked losses in overnight soyoil on the Chicago Board of Trade.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Dec 29.

Malaysian palm oil futures charted their first decline in four days on Thursday evening, slipping from the previous session's one-week high, as ample supplies dented sentiment

KUCHING: TSH Resources Bhd (TSH) is expected by analysts to have a strong recovery in financial year 2017-2019 (FY17-19).

Palm oil on the European vegetable oils market eased on Thursday, tracking weaker Malaysian palm oil futures on the back of profit-taking following recent gains and due to a stronger ringgit.

The growth prospect is bright for the palm-based oleochemical and biochemical industry in Sabah, said Minister of Special Tasks Datuk Seri Panglima Teo Chee Kang.

Setelah memerhatikan berbagai rekomendasi, Kementerian Perdagangan (Kemendag) menetapkan harga referensi produk Crude Palm Oil (CPO) untuk penetapan Bea Keluar (BK) periode Januari 2018 sebesar USD697,34 per Metrik Ton (MT).

Malaysian palm oil futures declined in early trade on Thursday, after hitting their highest level in more than a week in the previous session, as ample supplies dented sentiment