Archived News

28/04/2011 (Bloomberg) - TH Plantations Bhd. (THP), a Malaysian palm oil producer, said it expects higher output of fresh fruit bunches this year as more trees come to maturity.

28/04/2011 (Bernama) -- The Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) offers a huge market for investors, particularly in the oil, gas and palm oil industries, said State Industrial Development Minister Datuk Raymond Tan Shu Kiah.

28/04/2011 (Bangkok Post) - Oil palm manufacturers are concerned about whether they will receive compensation from the government for helping stabilise prices over the past several months.

28/04/2011 (Bloomberg) - Malaysia’s palm-oil production may rise to 18.4 million metric tons in the year beginning Oct. 1, from 17.8 million in the current year, according to a unit of the U.S. Department of Agriculture.

28/04/2011 (Business Standard) - State-owned trading firm PEC has floated a tender to import 15,000 tonne of RBD palmolien for sale in the domestic market.

28/04/2011 (Investors Chronicle) - These impressive figures from palm and rubber plantations group Anglo-Eastern Plantations largely reflect a soaring crude palm oil (CPO) price - the CPO price rose 53 per cent in 2010 to end the year at $1,195 (£726) per metric tonne. Earnings also received an $18.4m boost from a revaluation of its biological assets - essentially the plantation estates.

28/04/2011 (Commodity Online) - The crude palm oil futures traded on a negative note retreating from its recent rise due to profit selling.

28/04/2011 (Borneo Post) - The Industrial Development Ministry has agreed to work together with environmental organizations and look into their recommendations on how to protect the environment and at the same time complement industrial development.

28/04/2011 (Tempo Interactive) - The Forestry Ministry has received many complaints from forest-related business people about the long time it takes to issue licenses. Forestry Minister, Zulkifli Hasan, said the complaints have come from palm oil and mining business people. “There are many overlapping regulations between the central and the regional governments,” said Zulkifli in Jakarta yesterday.

27/04/2011 (Business Standard) - Crude palm oil prices fell further by Rs 6.40 to Rs 512.60 per 10 kg in futures trade today amid profit-booking by traders due to weak demand and higher supply in the spot market.

27/04/2011 (ShareCast) - Malaysian palm oil cultivator Narborough Plantations saw revenue more than double in the first quarter of 2011 from a year earlier, while profits soared on the back of higher palm oil prices.

27/04/2011 (ShareCast) - Surging palm oil prices led to a sharp gain in 2010 revenue for Anglo-Eastern Plantations, which owns, operates and develops plantations in Indonesia and Malaysia.