Archived News

05/06/2014 (Borneo Post) - Analysts are still positive on Malaysia’s plantations sector despite the recent threat of lower crude palm oil (CPO) price and heightened chances of El Nino occuring in Malaysia.

05/06/2014 (Hindu Business Line) - The sentiment in the edible oils market improved on Wednesday after a sharp bounce back in the futures market towards the end of the day. In the Bombay Commodity Exchange, most edible oils registered a drop of ₹2-5 for 10 kg, as local refineries reduced their rates for palmolein and soya oil, tracking the overnight bearish trend in the overseas markets. But with Malaysian palm oil futures rebound and local demand improving, the sentiment turned positive at the end of the day.

05/06/2014 (Daily Express) - State government-owned company TDM Bhd has invested RM500 million for expansion since 2004 to double its oil palm hectarage and triple its hospital operations by 2022, says its Chairman Tan Sri Datuk Wan Abu Bakar Wan Omar.

05/06/2014 (The Star) - MIDF Research released a report on Wednesday maintaining a positive call for crude palm oil (CPO) prices at an average RM2,700 per tonne this year despite recent price weakness.

05/06/2014 (BusinessDay) - The increased importation of cheap palm oil into the country is causing a glut in the market, thereby eroding margins of local producers and stifling the growth prospects of companies in the sector.

05/06/2014 (Jakarta Post) - Consumer goods giant PT Unilever Indonesia (UNVR) hopes to be able to reduce imports starting from 2015 as its sister company, PT Unilever Oleochemical Indonesia, is slated to commence project commissioning at the end of this year.

05/06/2014 (The Star) - Local sukuk issuance will likely see steady annual growth of around 10% over 2014 and 2015 from US$33bil issued last year.

04/06/2014 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

04/06/2014 (Reuters) - Indonesian palm oil firm PT Sinar Mas Agro Resources and Technology Tbk is considering a rights issue or an initial public offering next year to comply with a new stock exchange regulation, a company executive said on Tuesday.

04/06/2014 (The Star) - Sarawak Oil Palms 'Buy' Call Maintained

04/06/2014 (The Sun Daily) - TSH Resources Bhd, which fresh fruit bunch (FFB) production stood at 543,000 metric tonne in 2013, expects the group's FFB production to grow at a compounded rate of 20% over the next three years.

04/06/2014 (Borneo Post) - A promising production outlook is pegged for Sarawak Oil Palms Bhd (Sarawak Oil Palms) for financial year 2014 (FY14) despite registering unexciting first quarter (1Q) earnings.