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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Palm Oil Producers Protest Import Surge
30/08/2012 (Manila Standard Today) - Palm oil producers are seeking government protection against the surge of undervalued imports that affected the prices of their production.
Sime Darby To Double Planted Oil Palm To 1M Ha By 2016
30/08/2012 (The Star) - Sime Darby Bhd is working towards expanding its landbank of oil palm trees to more than one million hectares, by expanding in Africa and Indonesia.
UPDATE 1-Genting Quarterly Profit Falls on Weaker Plantations
30/08/2012 (Reuters) - Malaysia's Genting Bhd , a gaming-to-property conglomerate, said net profit fell 20.6 percent in the second quarter on lower contributions from its Singapore gaming unit and palm oil business.
Indonesia Cuts September Palm Oil Export Tax to 13.5%
30/08/2012 (Bloomberg) - Indonesia will cut its tax on exports of crude palm oil to 13.5 percent in September, the lowest rate this year, from 15 percent this month as prices of the commodity declined.
Privatised Oil Palm Estates To Create 900 Jobs, Revenue
30/08/2012 (THISDAY Live) - Malaysian palm oil giant, Wilmar Nigeria Limited, has been advised to manage the Ibiae and Calaro Oil Palm Estates in Cross River State successfully, to generate revenue and create 900 jobs for youths of the host communities.
CIMB Group Holdings Bhd : Sime Darby Plans Higher Capex As FY12 Profit Hit Record High
30/08/2012 (4-traders) - Sime Darby Bhd. (4197.KU), a Malaysian plantation-to-healthcare conglomerate, plans to increase capital spending to as much as 7.75 billion ringgit ($2.48 billion) for the 2013 fiscal year, optimistic of long-term demand for its edible oil and industrial equipment after profit hit record high a year earlier.
KL Kepong Q3 Earnings Slump 46% To RM233M
30/08/2012 (The Star) - Kuala Lumpur Kepong Bhd's (KLK) earnings fell 46.1% to RM233.08mil in the third quarter ended June 30, 2012 from RM432.76mil a year ago as plantations profit fell by more than half.
Sime Darby Plans US$1.5B Islamic Bond
30/08/2012 (Business Times) - Sime Darby Bhd, the world’s biggest listed palm-oil producer, is planning its first multi-currency Islamic bond program of as much as US$1.5 billion in Malaysia to raise funds for capital expenditure.
VEGOILS-Palm Oil Slides, Stock Build in Focus
29/08/2012 (Reuters) - Malaysian crude palm oil futures slid on Tuesday as investors took profit after the market hit a six-week high the previous session, with traders watching for a big stocks build-up to weigh on prices.
