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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
FGVH Bullish About Its Full Year Prospects
29/08/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGVH) is bullish about its full year prospects despite recording a lower profit for the first six months in the current year compared with the previous year.
Malaysia-China Trade May Exceed US$100 Billion, Says Chamber
29/08/2012 (Bernama) - The Malaysia-China Chamber of Commerce expects bilateral trade between Malaysia and China this year to exceed US$100 billion.
FMC Plans Creating Market For Illiquid Commodity Contracts
29/08/2012 (Hindu Business Line) - Commodity trading may soon have the system of ‘market making’ just like equity. This will likely benefit trading in illiquid commodities such as aviation turbine fuel (ATF), gasoline, heating oil, imported thermal coal, platinum, soyameal, rubber, RBD palmolein, gur (Jaggery), pplymers, besides others.
Global Ventures Hit By CPO Prices, Profit Down
29/08/2012 (The Star) - Felda Global Ventures Holdings Bhd (FGVH) made a net profit of RM188.4mil, or 5.20 sen per share, for its second quarter ended June 30, 32.5% lower than the net profit of RM279.3mil, or 15.80 sen per share, for the same period a year earlier.
Alliance Research Maintains \"Neutral\" Call For FGVH
29/08/2012 (Bernama) - Alliance Research has maintained its "neutral" call for Felda Global Ventures Holdings (FGVH) Bhd's RM5.39 target price as the research firm believes the company's second half 2012 earnings will be stronger due to seasonally better oil palm production.
Sime Darby & TNB To Proceed With Feasibility Study On Biogas Project
29/08/2012 (Bernama) - Sime Darby Plantation Sdn Bhd (SDP) and its partner, Tenaga Nasional Bhd (TNB), have decided to move forward together to conduct a feasibility study on the potential of a biogas project.
Alliance Research Maintains Trading Buy Call On Genting Plantation
29/08/2012 (Bernama) - Alliance Research has maintained its \"trading buy\" call on Genting Plantation Bhd (GENP) and expects the group\'s second half results to be more promising.
Alliance Maintains Buy Call On IJM Plantation
29/08/2012 (Bernama) - Alliance Research has maintained \"buy\" call on IJM Plantation and continues to be long-term positive on the company, given the group\'s oil palm trees\' maturities in Indonesia.
VEGOILS-Palm Oil Climbs To 6-Week Peak on Edible Oil Supply Woes
28/08/2012 (Reuters) - Malaysian crude palm oil futures rose to a 6-week high on Monday, as traders continued to bet on tight global edible oil supplies with no sign of the drought easing in the soy-producing U.S. Midwest.