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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Supply Glut Hurting Palm Oil Prices
02/09/2014 (The Straits Times) - Prices of crude palm oil futures have crashed to five-year lows on concerns of a global edible oil supply glut and growing fears that Chinese buyers could default on purchases if the steep falls persist.
Rajawali Acquires BW Plantation Through Purchase of BVI Firms
02/09/2014 (Jakarta Post) - Palm-oil company PT BW Plantation announced on Monday that Rajawali Corpora now owns 21.55 percent of the company following the latter’s purchase of two British Virgin Islands firms that own the stake.
VEGOILS-Palm Edges up; Higher Edible Oil Supply Woes Curb Gains
29/08/2014 (Reuters) - Malaysian palm oil futures edged up in tight trade on Thursday, but stayed under the 2,000-ringgit mark as investors braced for an anticipated surge in rival edible oil supply amid rising palm oil production in the world's top growers.
UPDATE 2-Chinese Palm Oil Imports to Remain Low Despite Resumed Bank Lending
29/08/2014 (Reuters) - China's imports of palm oil will remain below average as tight bank lending squeezes buyers' cash flow and, despite some relief on that front this week, the country's top importers say they will cut shipments in coming months.
Burger King, Tim Hortons Merger and Palm Oil Policies
29/08/2014 (InfoZine.com) - Recently Burger King announced a merger with the Canada-based Tim Hortons restaurant chain, and reactions to the merger are echoing across the blogosphere. The Union of Concerned Scientists (UCS) urges commentators to consider both companies record on palm oil.
Palm Oil/Vegoils: Market Factors to Watch Aug 29 Friday
29/08/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.
Activity at Karachi and Qasim Ports
29/08/2014 (Business Recorder) - The Karachi Port handled 80,372 tonnes of cargo comprising 45,206 tonnes of import cargo and 35,166 tonnes of export cargo including 5,181 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 45,206 tonnes comprised of 29,391 tonnes of containerised cargo; 7,968 tonnes of general cargo; 6,941 tonnes of bulk cargo: 4,747 tonnes of DAP; 1,128 tonnes of soyabean meal; 1,066 tonnes of palm kernal and 906 tonnes of oil/liquid cargo.
Felda Global Seeks to Buy Asian Plantations for $199 Mln
29/08/2014 (Reuters) - World's third-largest palm oil plantation operator, plans to buy Asian Plantations Ltd (APL) for 628 million ringgit ($199 million).
RAM Reaffirms AAA Rating of RH Capital’s Class A Sukuk Ijarah
29/08/2014 (CPI Financial) - RH Capital is a special-purpose vehicle incorporated as the financing conduit for an Islamic sale-and-leaseback transaction, backed by three oil-palm plantations and two palm-oil mills located in Sarawak. The lessees, which are subsidiaries of Tiong Toh Siong Holdings Sdn Bhd (TTS or the Sponsor – one of the main holding companies within the Rimbunan Hijau Group), had sold their beneficial interests in the Assets to RH Capital. In turn, RH Capital had leased the Assets back to the respective lessees; the financial obligations under the Sukuk Ijarah are met via lease payments from the lessees.
