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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
THP To Double Plantation Land With Acquisition Of Plantation Assets From Tabung Haji
25/07/2012 (Bernama) - TH Plantations (THP) Bhd today accepted an offer to acquire plantation assets from its major shareholder, Lembaga Tabung Haji, for RM525.64 million.
India Trying to ‘Force’ Concession Out of Major CPO Producers to Support Its Refining Sector
25/07/2012 (The Star) - India's recent decision to impose higher import tax structure on processed palm oil products came as no big surprise to many industry observers.
Task Force Monitors Kinabatangan Effluents Discharge
25/07/2012 (Borneo Post) - The Malaysian Palm Oil Board (MPOB) has set up a task force to strengthen its efforts in ensuring the palm oil mill effluent from mills in Kinabatangan are properly managed.
Feronia Completes First Tranche of Private Placement Offering
25/07/2012 (Proactive Investors UK) - Crude palm oil producer Feronia (CVE:FRN) announced Tuesday the completion of the first tranche of its brokered private placement for a total of $4.8 million in proceeds.
Burma Reports Foreign Trade Earnings
25/07/2012 (Mizzima) - Burma’s income from foreign trade hit nearly US$ 5 billion from April to June, local media reported on Tuesday.
Maybank IB Research Maintains Neutral on Plantations
25/07/2012 (The Star) - Maybank Investment Bank Research is maintaining its Neutral view on the plantations sector over the next 12 months and retained its average crude palm oil (CPO) average selling price forecasts of RM3,150 for 2012 (first half of 2012: RM3,200), and RM3,000 (2013-14).
Palm Oil-Free May Be Emerging Trend
25/07/2012 (FoodNavigator.com) - A shift towards palm oil-free foods and ingredients could be an emerging trend in Europe, according to market analysts.
Acquisitions To Strengthen TH Plantations\' Balance Sheet
25/07/2012 (Bernama) - TH Plantations Bhd is poised for a stronger balance sheet for future growth with the completion of its acquisition of two companies, which collectively own 41,424 hectares of land.
India\'s Higher Taxes on Imports of Refined Palm Oil Likely to Hit Incomes of M\'sian Refiners
24/07/2012 (The Star) - India's move to raise taxes on its imports of refined palm oil products is likely to put a dent in the earnings of Malaysian and Indonesian refiners of the commodity, analysts said.
