Archived News

07/08/2012 (Reuters) - Malaysian crude palm oil ended flat on Monday as expectations of higher stocks in No.2 producer Malaysia erased higher risk appetite on better-than-expected U.S. jobs data.

07/08/2012 (Borneo Post) - Crude palm oil (CPO) prices are expected to suffer short term pressure as the Malaysian Palm Oil Board (MPOB) July 2012 CPO stocks report are estimated to swell beyond the two million metric tonne (mt) range.

07/08/2012 (Bernama) - MIDF Research expects no rapid increase in TH Plantation Bhd's earnings for the second half of this year as crude palm oil prices are expected to remain subdued.

07/08/2012 (Bernama) - Crude palm oil (CPO) output is expected to show sequential rise this month and next month in line with its historical production trend, says MIDF Research.

07/08/2012 (Bernama) - The rise and fall in the share price of Felda Global Ventures Holdings Bhd (FGV) on Bursa Malaysia is normal, said Felda Group Chairman, Tan Sri Isa Samad.

07/08/2012 (The Star) - CIMB Research, which initiated coverage on Felda Global Ventures Holdings Bhd (FGVH), has a neutral call and RM5.05 target price (based on a 10% discount to sum-of-parts) on the plantation company.

07/08/2012 (Reuters) - Kenanga Research downgraded Malaysia's plantation sector stocks to 'neutral' ahead of what it expects to be a weak results season and lower crude palm oil prices.

07/08/2012 (The Star) - Malaysia's exports and factory output growth rates probably moderated in June after unexpectedly strong data in May, as the global economic outlook becomes more challenging with China's economy slowing.

07/08/2012 (The Inquirer) - Two Liberian environmental professionals of Green Consultancy Inc (GreenCons) have been confirmed by the internationally acclaimed Roundtable on Sustainable Palm Oil(RSPO) as RSPO's High Conservation Value(HCV) Assessor for the period of two years.

07/08/2012 (Business Recorder) - C.V Maersk Wyoming carrying Containers took berth at Qasim International Container Terminal on Sunday.

06/08/2012 (Bloomberg) - Palm-oil stockpiles in Malaysia, the world’s second-biggest producer, probably climbed the most in 10 months in July as output increased and exports fell, easing supply concerns as a drought cuts U.S. soybean yields.

06/08/2012 (The Nation) - Production plans should factor in cultivation patterns of Thai crops. Cabinet's decision to import 30,000 tonnes of crude palm oil must be monitored closely to ensure that oil-palm planters won't be adversely affected. After all, the import does not seem to be the perfect solution to solve the possible shortage of palm oil at home.