Latest News

MARKET DEVELOPMENT
19-06-2012

Sampoerna Agro Counts on Domestic Market For Growth

19/06/2012 (Jakarta Post) - Publicly listed plantation firm PT Sampoerna Agro (SRGO) says domestic demand for crude palm oil (CPO) will dominate the companyâ€™s sales for the year as external demand may be weakening against the backdrop of the global economic slowdown.

MARKET DEVELOPMENT
19-06-2012

Why Did M\'sia Ship 12 Tonnes of Biomass To Italy?

19/06/2012 (The Star) - Late last month, Malaysia's first shipment of oil palm biomass made its way to Italy.

MARKET DEVELOPMENT
19-06-2012

Sungai Budi Group to Invest Rp 1.2 Trillion This Year

19/06/2012 (Jakarta Globe) - Agrobusinessâ€™ Sungai Budi Group is planning to invest Rp 1.2 trillion ($ 127 million) in capital expenditures this year, which will include seeking bank loans to finance its expansion of infrastructure, a company executive said.

MARKET DEVELOPMENT
19-06-2012

Malaysia-China Ties Now At Their Best Period, Says China\'s Ambassador

19/06/2012 (Bernama) - Bilateral ties between Malaysia and China are now at their best ever period and level, and are poised to be even stronger in the years to come, said China's Ambassador to Malaysia, Chai Xi.

MARKET DEVELOPMENT
19-06-2012

Stockistsâ€™ Orders, Global Cues Heat Up Edible Oils

19/06/2012 (Hindu Business Line) - Edible oils, except groundnut oil, fared better on Monday on the back of global cues . Imported palmolein and soya oil rose by Rs 2 and Rs 5 for 10 kg each. Sunflower refined oil and cotton refined oil increased by Rs 5 and Rs 2. Rapeseed oil was up by Rs 10. Sentiment improved as market witnessed higher volumes on fresh demand. About 3,000 â€“ 3,500 tonnes of edible oils were traded in the day, said a leading broker.

MARKET DEVELOPMENT
18-06-2012

Palm Oil Mill Expert To Bank on Current Interest To Cultivate Oil Palm

18/06/2012 (The Star) - Palm oil mill expert, CB Industrial Product Holdings Bhd (CBIP) will focus on increasing its order book for its Modipalm mills in Malaysia and overseas while pursuing acquisitions of greenfield landbank in Indonesia for oil palm plantations this year.

MARKET DEVELOPMENT
18-06-2012

Bintulu To Host Malaysiaâ€™s Largest Palm Oil Exhibition, Oil and Gas Expo Next Month

18/06/2012 (Borneo Post) - Malaysiaâ€™s largest Palm Oil Exhibition (Palmex 2012) and Oil and Gas Expos (Sogex 2012) are set to be held in Bintulu, Sarawak, with garnered interests from both local and international parties.

MARKET DEVELOPMENT
18-06-2012

CPO Futures Market Seen To Be Cautious This Week

18/06/2012 (The Star) - Crude palm oil (CPO) futures market is expected to remain cautious this week following uncertainties in the global market, dealers said.

MARKET DEVELOPMENT
18-06-2012

China Expo To Boost Malaysian Trade

18/06/2012 (The Star) - Malaysian traders can expect a huge boost at the upcoming 9th China-Asean expo set to be held in Nanning.

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