Berita Arkib

10/07/2013 (Jakarta Post) - Agriculture firm PT Bakrie Sumatera Plantations (UNSP) is looking to develop its oleo-chemical division and sell some of its high-cost assets in an effort to boost business performance this year.

10/07/2013 (Hindu Business Line) - Indigenous edible oils, froundnut, rapeseed and cotton, declined by Rs 5, Rs 3 and Rs 10 for 10 kg each on expectation of higher kharif output due to timely monsoon. Palmolein dropped by Rs 4 on eased demand amid selling pressure. Soyabean and sunflower oil ruled unchanged.

10/07/2013 (Bloomberg) - Palm oil imports by India, the world’s largest buyer, probably increased for a second month in June as a decline in prices amid increasing global cooking oil supplies spurred demand from processors and traders. Futures in Kuala Lumpur climbed to a two-week high.

10/07/2013 (Solomon Star) - Production of local commodities in the country has dropped significantly throughout the month of May.

10/07/2013 (Borneo Post) - Subsidy of oil palm seedlings for smallholders in Sarawak has never been withdrawn as claimed by certain quarters.

10/07/2013 (4-Traders) - Malaysia's Felda Global Ventures Holdings Bhd (5222.KU) is making land acquisitions in Southeast Asia, where it will expand its production of agricultural commodities, particularly palm oil, which the state-owned company sees as having strong growth potential.

10/07/2013 (Moneycontrol.com) - CPO futures at MCX ended higher tracking record fall down in rupee however, BMD market closed down on expectations of better output in next month.

10/07/2013 (The Star) - HwangDBS Vickers Research is maintaining its “Hold” call on Felda Global Ventures Bhd (FGV) with a target price of RM4.40 as it does not expect any near-term re-rating catalyst due to its lacklustre earnings outlook, weak crude palm oil prices and stagnant fresh fruit bunches volume growth potential.

09/07/2013 (Reuters) - Malaysian palm oil futures edged down on Monday, tracking a weakness in equity markets, but losses were limited by hopes that stocks of the tropical oil in the world's No.2 producer will ease.

09/07/2013 (Moneycontrol.com) - India Ratings & Research (Ind-Ra) maintains a negative outlook on the Indian edible oil sector for H213. The agency says a reduction in spreads between imported refined palm oil and crude palm oil (CPO) which is domestically refined has made refining unviable and boosted trading activities.

09/07/2013 (Prensa Latina) - Honduran sales of palm oil in the international market will reach $ 400 million USD this year, according to estimates by sector authorities, local media reported today.

09/07/2013 (Hindu Business Line) - Weak domestic currency helped edible oils gain on Monday despite subdued demand on the oils and oilseeds market. As stronger dollar makes import costlier, local refineries increased their rates for imported oils by Rs 12-15 for 10 kg that pushed up soyabean refined oil by Rs 10, sunflower oil by Rs 10-15 and palmolein by Rs 7 in Mumbai markets. Rapeseed oil inched up by Rs 5.