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Can palm biodiesel provide quick relief for Malaysia amid Iran war?
A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Margarine plant to offer multiple benefits
BRUNEI Darussalam’s strategic location at the heart of Southeast Asia, good trade relations with its neighbours and peaceful environment, are some of the factors that attracted Marsa Yag Sanayi Ve Ticaret Anonim Sirketi (Marsa), a Turkish-based company to make an investment decision to set up a base in Brunei, Western Foods and Packaging Sdn Bhd (WFP) to manufacture margarine, oil and fats products.
Bright prospects seen for United Malacca
United Malacca Bhd (Dec 19, RM6.50) Revised to market perform rating with a lower target price (TP) of RM6.80 per share: United Malacca Bhd’s (UMCCA) first half of 2018 (1H18) core net profit (CNP) of RM21.4 million came in below both consensus and our forecasts at 27% and 29% respectively, on higher-than-expected unit cost from newly matured areas. An interim dividend of six sen was announced, missing our 23 sen estimate. We reduce our financial year 2018 estimated (E) to FY19E CNP by 12% to 1% and revise our call to “market perform†with a lower TP of RM6.80 (from RM7.15), based on an unchanged 20.4 times forward price-earnings ratio (PER).
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Dec 20
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Dec 20.
Malaysian palm oil price oil declines but pares losses on high stocks
KUALA LUMPUR: Malaysian palm oil futures declined on Tuesday evening as high end-stocks and sluggish demand dented sentiment but pared an earlier 1 percent drop.
European vegoils-Palm oil easier ahead of export data
ROTTERDAM: Palm oil on the European vegetable oils market edged lower on Tuesday ahead of December 1-20 Malaysian palm oil export data due on Wednesday.
Palm oil declines
KUALA LUMPUR: Palm oil futures declined on Tuesday evening as high end-stocks and sluggish demand dented sentiment but pared an earlier 1 per cent drop.
Neste resumes sourcing from palm oil company IOI
Neste resumes raw material sourcing from Malaysian palm oil company IOI after approximately 1.5-year-long suspension
Indian soyoil futures fall tracking foreign cues
NEW DELHI, Dec 19 (Reuters) - Indian soyoil futures were set to close lower on Tuesday, tracking rival oils overseas and Malaysian palm oil futures
‘Galamseyers’ Turned Into Oil Palm Farmers
Government is expected to distribute one million palm seedlings to illegal miners turned farmers as part of moves to end illegal mining and reclaim sites degraded by activities of illegal miners.
