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MARKET DEVELOPMENT
22-02-2016

Pre-tax Profit Of Boustead Plantations Rises To RM95.1 Million

22/02/2016 (Bernama) - Boustead Plantations Bhd (BPB) posted a higher pre-tax profit for the financial year ended Dec 31, 2015 at RM95.1 million from the RM89.8 million recorded in the same period of 2014.

MARKET DEVELOPMENT
22-02-2016

CPO Price Begins to Rise

22/02/2016 (Tempo.co) - Executive Director of the Indonesian Palm Oil Association (Gapki) Fadhil Hasan said that the price of crude palm oil (CPO) has begun to rise since the beginning of this month.

MARKET DEVELOPMENT
22-02-2016

Oil Palm Group Cuts Dividends on Lower Profit

22/02/2016 (The Star) - Sarawak Plantation Bhd will pay out RM12.6mil in dividends for the financial year ended Dec 31, 2015 on March 30.

MARKET DEVELOPMENT
22-02-2016

1,077,194 MT of Palm Oil Imported in 2015: Data Show Traders Importing Soybeans on Premium

22/02/2016 (Business Recorder) - Total import of RBD palm oil stood at 1,077,194 metric tons from Malaysia/Indonesia in 2015; RBD palm olein 1,305,586 MT from Malaysia/Indonesia; crude palm oil (CPO) 125,318 MT from Malaysia and import of crude degummed (CDSBO) amounted to 191,308 MT from Argentina/Brazil during this period.

MARKET DEVELOPMENT
22-02-2016

Oil Palm Industry Seeks â‚¹10,000 Crore Budget Allocation

22/02/2016 (Hindu Business Line) - Faced with touch challenge from imports, the oil palm industry has asked the Centre to increase the duty to 45 per cent from the current 12.5 per cent to give a breather to the indigenous industry.

MARKET DEVELOPMENT
22-02-2016

Budget 2016: Oil Palm Developers Association Seeks Separate Development Board, Import Policy

22/02/2016 (Economic Times) - Oil Palm Developers and Processors Association (OPDPA) has sought a separate Oil Palm Development Board in the upcoming Union budget aimed at development of palm oil as an industry.

MARKET DEVELOPMENT
22-02-2016

CIMB Research Maintains Reduce on IOI Corp, ups Target Price to RM4.52

22/02/2016 (The Star) - CIMB Research has raised IOI Corp Bhdâ€™s FY16-18 earnings per share (EPS) forecasts by 5% to reflect higher palm kernel prices and lower estates costs.

MARKET DEVELOPMENT
19-02-2016

VEGOILS-Palm Oil Weakens on Stronger Ringgit, Lower Demand Hopes

19/02/2016 (Reuters) - Malaysian palm oil futures fell as the ringgit gained over 1 percent against the dollar on Thursday, and on expectations of weaker export data towards the end of February.

MARKET DEVELOPMENT
19-02-2016

VEGOILS-Market Factor To Watch Feb 19

19/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

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