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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Golden Agri Says Q1 Net Profit Falls 8 Pct
15/05/2014 (Reuters) - Golden Agri-Resources Ltd , Indonesia's largest palm oil firm, said its net profit for the quarter ended March 31 dropped 8 percent on the year, as lower contributions from downstream businesses more than offset the boost from higher palm oil prices.
Vegetable Oils Import Rise 27% in Apr: SEA
15/05/2014 (Business Standard) - India's vegetable oils import rose by 27% to 8.32 lakh tonne in April this year on account of sharp increase in shipment of crude palm oil (CPO) and crude soft oils, industry body SEA said today.
Palm Oil/Vegoils: Market Factors to Watch May 14 (Wednesday)
14/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.
FGV Named Palm Oil Plantation Company Of The Year
14/05/2014 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) received the 2014 Frost and Sullivan Palm Oil Plantation Company of the Year Excellence Award for the second consecutive year.
Higher FFB Production to Boost SOP Earnings in 2H14
14/05/2014 (Borneo Post) - Sarawak Oil Palms Bhd’s (SOP) production of palm oil fresh fruit bunches (FFB) is projected to grow strongly in the later half of the year (2H14).
Indonesia Palm Exports Rising to Four-Month High on Ramadan
14/05/2014 (Bloomberg) - Palm oil shipments from Indonesia, the largest producer, probably climbed to the highest in four months in April as buyers boosted purchases to meet rising demand for the Muslim fasting month of Ramadan. Futures rose.
FY13 A Mixed Year for TDM Due to Challenges on Plantation Front
14/05/2014 (Borneo Post) - Financial year 2013 (FY13) was a year of mixed results for coglomerate TDM Bhd (TDM) as it weathers the challenges of unfavourable market conditions on the crude palm oil front to post lower profitability.
IOI Corp at Highest Since 2008
14/05/2014 (The Star) - Shares of IOI Corporation rose to the highest since June 2008 on some fund buying of the plantation heavyweight which is expected to report stronger earnings in the first quarter ended March 31, 2014.
Sector Update: Affin Research Maintains Overweight on Plantations
14/05/2014 (The Star) - Affin Research has maintained its Overweight on the plantations sector with a crude palm oil (CPO) average selling price (ASP) of RM2,700 per mt for 2014 and RM2,850 per mt for 2015 and 2016.
