Jul 23, 2014 | Agriculture
Weak export from Indonesia and higher output in both Indonesia and Malaysia combined with higher supply of sunflower and soybean oil continue to pressure crude palm oil (CPO) in the futures market. The commodity dropped further by RM16 to RM2280 per ton Tuesday....
Jul 22, 2014 | Agriculture
The benchmark October 2014 contracts of crude palm oil (CPO) ended lower by RM12 to RM2297 per ton on the Bursa Malaysia Derivatives Monday (July 21). KPB Nusantara, the joint marketing office of state plantations, meanwhile, sold most of CPO packages auctioned off...
Jul 21, 2014 | Agriculture
The benchmark October 2014 contracts of crude palm oil (CPO) ended higher by RM15 to RM2308 per ton Friday (July 18), lifted by surprise hike of Nymex crude oil to above US$103 per barrel. Shares of plantation companies in the region, however, end mixed led by almost...
Jul 17, 2014 | Agriculture
The benchmark October 2014 contracts of crude palm oil (CPO) recovered RM20 to RM2304 per ton Wednesday on the Bursa Malaysia Derivatives. Reports about significantly higher output from companies with plantations in Indonesia and Malaysia weigh further recovery....
Jul 15, 2014 | Agriculture
KLSE-listed TSH Resources Berhad is among Malaysian companies aggressively expanding plantations in Indonesia. The most recent is the company’s acquisition of Icon Field Ventures Sdn Bhd for a total consideration of US$7.65 million from Wingate Consolidation...
Jul 14, 2014 | Agriculture
Just when some expect recovery, the benchmark September contracts of crude palm oil (CPO) dropped further by 1% to RM2322 per ton this morning. Last Friday, the commodity also lost more than 1%, dragged down by falling crude oil and perception about output. Companies...
Jul 14, 2014 | Agriculture
Tunas Baru Lampung (TBLA), one of substantial players in crude palm oil (CPO) industry, currently has market capitalization of Rp3.3 trillion, way below smaller player BW Plantation (BWPT). Other than palm oil, the company has recently entered sugar industry with...
Jul 11, 2014 | Agriculture
The benchmark September contracts of crude palm oil (CPO) opened higher on the Bursa Malaysia Derivatives this morning, but then returned to red zone before lunch break. Yesterday, the commodity opened substantially lower ground, but then settled higher in the...
Jul 10, 2014 | Agriculture
The benchmark September 2014 contracts of crude palm oil (CPO) dropped further by RM9 to RM2375 per ton Wednesday (July 9), while October and November contracts lost RM15 and RM18 to RM2360 per ton each. Our research points to significant growth of CPO output last...
Jul 8, 2014 | Agriculture
The benchmark September 2014 contracts of crude palm oil (CPO) rebounded RM14 to RM2416 per ton on the Bursa Malaysia Derivatives Monday. Further rally, however, might be capped by falling crude oil prices and growing output of CPO in both Indonesia and Malaysia....
