Berita Terkini

MARKET DEVELOPMENT
16-08-2012

Lufthansa Looking At Palm-Based Biofuel To Reduce Carbon Footprint

16/08/2012 (The Star) - As one of the world's major producers of palm oil, Malaysia would certainly be interested to know that German airlines, Lufthansa, is looking at palm oil-based biofuel as an option to reduce carbon footprint.

MARKET DEVELOPMENT
16-08-2012

Wilmar To Deepen Investment in Africa

16/08/2012 (Financial Times) - High quality global journalism requires investment.

MARKET DEVELOPMENT
16-08-2012

Profit slumps for Salim Ivomas, Sumatra

16/08/2012 (Jakarta Post) - Falling prices of palm oil and rubber slashed the net profits of PT Salim Ivomas Pratama and its subsidiary PT PP London Sumatra Indonesia in the first half of 2012.

MARKET DEVELOPMENT
15-08-2012

VEGOILS-Palm Oil Ends Off New 10-Month Low on Swelling Stocks

15/08/2012 (Reuters) - Malaysian crude palm oil futures hit a fresh 10-month low on Tuesday as improving output and slower exports in the Southeast Asian country stirred concerns over swelling stocks.

MARKET DEVELOPMENT
15-08-2012

Wilmar Profit Falls 70% on Oilseeds, Grains, Plantations

15/08/2012 (Bloomberg) - wilmar International Ltd. (WIL), the worldâ€™s biggest palm-oil processor, said its second-quarter profit dropped 70 percent following losses at its oilseeds and grains business and on lower earnings from its plantations.

MARKET DEVELOPMENT
15-08-2012

Globetronics Records Lower Q2 Pre-Tax Profit

15/08/2012 (Bernama) - Sarawak Plantation Bhd's pre-tax profit for the second quarter ended June 30, 2012, fell to RM21.056 million from RM30.058 million in the corresponding quarter of last year.

MARKET DEVELOPMENT
15-08-2012

Risda Terengganu To Replant 6,436 Hectare For Rubber, Oil Palm

15/08/2012 (Bernama) - Rubber Industry Smallholders Development Authority (Risda) Terengganu is spending more than RM13.5 million to replant 6,436 hectares (ha) in the state for rubber and oil palm this year.

MARKET DEVELOPMENT
15-08-2012

Indigenous Oils Rule Steady; Palmolein Slips

15/08/2012 (Hindu Business Line) - Edible oil prices ruled steady barring imported palmolein which declined by Rs 3 and Sunflower oil which rose by Rs 5 for 10 kg on Tuesday. Malaysian crude palm oil futures fell to the lowest level in 10 months, as investors liquidated positions amid worries about a build-up in palm oil inventories at a time when CPO production is seasonally higher.

MARKET DEVELOPMENT
15-08-2012

Coconut Oil Slips on Lack of Corporate Buying

15/08/2012 (Hindu Business Line) - Lack of festival demand and drop in palm kernel oil prices led to fall in coconut oil prices this week.

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