Latest News

MARKET DEVELOPMENT
04-08-2014

Palm Oil/Vegoils: Market Factors to Watch Aug 4 Monday

04/08/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.

MARKET DEVELOPMENT
04-08-2014

Thai Agricultural Sector to Expand in 2nd Half of 2014

04/03/2014 (Pattaya Mail) - Thailand's Ministry of Agriculture and Cooperatives reported agricultural economic pderformance to the public saying that the sector has expanded by 0.8 per cent compared with the same period of last year, and the ministry predicts sector growth by around 3 per cent for the year.

MARKET DEVELOPMENT
01-08-2014

VEGOILS-Palm Falls on Poor Export Data, Records Biggest Monthly Drop Since May

01/08/2014 (Reuters) - Malaysian palm oil futures fell in thin trade on Thursday, reversing gains from the early session as disappointing export data and weakness in comparative soy markets dragged the tropical oil to record its biggest monthly drop since May.

MARKET DEVELOPMENT
01-08-2014

Palm Oil/Vegoils: Market Factors to Watch Aug 1 Friday

01/08/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.

MARKET DEVELOPMENT
01-08-2014

CPO Price Bearish on High Stockpiles

01/08/2014 (The Star) - The high volume of crude palm oil (CPO) inventory carried forward from the previous year, coupled with the industryâ€™s expectation of higher crop production going forward, have resulted in the bearish sentiment of CPO prices, said IJM Plantation CEO and managing director Joseph Tek.

MARKET DEVELOPMENT
01-08-2014

Kulim Informs PNG on Plan to Sell Plantations to Sime

01/08/2014 (The Star) - After two months of intense bidding exercise, Sime Darby Bhd has taken the lead to close in on New Britain Palm Oil Ltd (NBPOL).

MARKET DEVELOPMENT
01-08-2014

Oilseed Area in India Seen Lowest in 12 Years on Monsoon

01/08/2014 (Bloomberg) - Oilseed planting in India is poised to slump as much as 24 percent to the lowest since 2002 after a weak start to the monsoon spurred farmers to switch to cotton, potentially boosting imports by the biggest buyer of palm oil.

MARKET DEVELOPMENT
01-08-2014

Affin Research Retains Buy on WTK, Target Price RM1.76

01/08/2014 (The Star) - Affin Investment Research is maintaining its Buy recommendation for WTK Holdings Bhd at RM1.38 with a target price of RM1.76.

MARKET DEVELOPMENT
01-08-2014

Sinar Mas Agro Resourcesâ€™ First-Half Profit Rises 21% on Palm Oil Demand

01/08/2014 (Jakarta Globe) - Sinar Mas Agro Resources & Technology, an agribusiness unit of the Sinar Mas Group, posted a 21 percent increase in profit for the first half of the year on strong palm oil demand in Indonesia.

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