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Berita Arkib

MARKET DEVELOPMENT  
  29-05-2014

VEGOILS-Palm Falls for 4th Day; Firm Crude, Weak Ringgit Provide Support

29/05/2014 (Reuters) - Malaysian palm oil futures ended lower on Wednesday, falling for a fourth straight day as an anticipation of slowing demand for the tropical oil weighed, although firm crude oil markets and a weakening ringgit kept prices propped up.

MARKET DEVELOPMENT  
  29-05-2014

Sime Darby Expects Demand For CSPO To Grow By 25 Per Cent With EU Food Labelling

29/05/2014 (Bernama) - Sime Darby Bhd expects demand for certified sustainable palm oil (CSPO) to grow by at least 25 per cent as the European Union's food labelling rule approaches its 2015 deadline.

MARKET DEVELOPMENT  
  29-05-2014

Rimbunan Sawit Overcomes Low CPO, PK Prices to Record Positive Growth

29/05/2014 (Borneo Post) - Despite being beleagured by low crude palm oil (CPO) and palm kernel (PK) prices for most of 2013, Rimbunan Sawit Bhd (Rimbunan Sawit) managed to record positive growth in the last quarter of 2013.

MARKET DEVELOPMENT  
  29-05-2014

Limited Buying Holds Edible Oils Steady

29/05/2014 (Hindu Business Online) - A steady trend was witnessed in edible oils market on Wednesday, tracking thin volatility in futures markets amid limited physical demand. Barring rapeseed oil and sunflower expeller refined oil, which declined by ₹5-10 for 10 kg, all other edible oils ruled steady.

MARKET DEVELOPMENT  
  29-05-2014

Ministry Reviews CPO Tax, Mulls Revision

29/05/2014 (Jakarta Post) - The Industry Ministry is finishing its assessment into the taxes imposed on palm oil and palm oil derivatives, which may result in the revision of some export tariffs to further spur growth in the downstream industry.

MARKET DEVELOPMENT  
  29-05-2014

Rotterdam Vegetable Oil Prices

29/05/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

MARKET DEVELOPMENT  
  29-05-2014

Hap Seng Plans RM1Bil Projects in Klang Valley

29/05/2014 (The Star) - Hap Seng Consolidated Bhd is beefing up its property unit, aiming to launch several property projects mainly in prime locations in the Klang Valley with total gross development value (GDV) worth more than RM1bil within the next two years.

MARKET DEVELOPMENT  
  29-05-2014

Greenpeace Accuses Controversial Palm Oil Company and Cameroon Government of Illegal Logging

29/05/2014 (Mongabay.com) - Greenpeace has just accused one of the world's most controversial oil palm companies, Herakles Farms, of colluding with top government officials to sell off illegally logged timber to China. According to a new report from the environmental group, a stealth agreement between Cameroon's Minister of Forestry, Ngole Philip Ngwese, and Herkales Farms—through a shell company—could torpedo the country's agreement with the EU for better timber management.

MARKET DEVELOPMENT  
  29-05-2014

Genting Plantations Q1 Profit Surges to RM101mil on Stronger Palm Oil Prices

29/05/2014 (The Star) - Genting Plantations Bhd’s net profit more than doubled to RM101.06mil in the first quarter ended March 31 against RM44.02mil in the same period a year ago.

MARKET DEVELOPMENT  
  29-05-2014

KLCI Extends Gains as Plantations Climb, E&O in Focus

29/05/2014 (The Star) - Malaysia’s blue chips extended their gains early Thursday, underpinned by gains in plantation stocks while Eastern & Oriental Bhd (E&O) was in focus after Sime Darby dispelled speculation of a takeover of the property company.

MARKET DEVELOPMENT  
  29-05-2014

VEGOILS-Market Factors to Watch May 29

29/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  28-05-2014

VEGOILS-Palm Losses Drag into 3rd Day on Concerns of Slowing Demand, Weak Soy

28/04/2014 (Reuters) - Malaysian palm oil futures stretched losses into a third straight session on Tuesday, tracking weak vegetable oil markets overseas, with prices further pressured by concerns that export demand will not be strong enough to check rising stockpiles.