May 19, 2014 | Agriculture
Crude palm oil (CPO) declined further by RM20 to RM2560 per ton for August 2014 contracts on Bursa Malaysia Derivatives Monday (May 19) morning. That means the commodity lost 2% in the past two trading days as more companies reported stronger output in both Indonesia...
May 15, 2014 | Agriculture
Shares of Golden Agri-Resources Ltd and First Resources Ltd, controlled by Indonesian families of Widjaja (Sinarmas) and Fangiono Ciliandra (Surya Dumai Group), lost ground Thursday on SGX as investors responded negatively their respective first quarter 2014 results....
May 14, 2014 | Agriculture
More and more companies listed on KLSE reporting significant growth in CPO production last month. Boustead Holdings, for example, reported 10% growth of FFBs harvest in the month. Kencana Agri Ltd, controlled by Indonesian Maknawi Family, meanwhile, posted 18.3%...
May 13, 2014 | Agriculture
The average spot month settlement price of crude palm oil (CPO) peaked at RM2855/ton in March 2014. Since then, the commodity continued to decline to RM2671/ton for April. Settlement price for July 2014 contracts ended higher by RM12 to RM2590 Monday, but stronger...
May 12, 2014 | Agriculture
Japfa Comfeed (JPFA) booked net profit of Rp53 billion only in the first quarter of 2014, crashed 72% from the corresponding period of 2013 due to falling margins and higher finance costs. The company also reported weaker sales revenue growth than its peers Charoen...
May 9, 2014 | Agriculture
The benchmark July 2014 contracts of crude palm oil (CPO) dropped around 1% to RM2556 today, while August and September contracts declined to RM2546 and RM2540 per ton respectively as more companies reported higher output in Indonesia and Malaysia. IJM Plantations,...
May 6, 2014 | Agriculture
The benchmark July 2014 contracts of crude palm oil (CPO) opened further down by RM13 to RM2570 per ton on Bursa Malaysia Derivatives this morning. The commodity also ended lower ground yesterday on reports of higher production in both Indonesia and Malaysia, plus...
May 5, 2014 | Agriculture
The benchmark July contracts of crude palm oil (CPO) ended significantly lower by RM32 to RM2591 per ton Friday (May 2nd) after trading as low as RM2558 per ton. In Jakarta’s physical market, KPB Nusantara, the joint marketing office of state plantations,...
Mar 28, 2014 | Agriculture
Three feed producers listed on Indonesia Stock Exchange (IDX) reported strong growth in sales last year. All of them reported more than 20% growth over 2012. They also managed to post double digit growth in gross profit, but two of them booked smaller growth of...
Mar 27, 2014 | Agriculture
Malindo Feedmill (MAIN) is among top gainers in the past few months. The stock gained 58% since August 2013 on a relatively smaller average trading volume than in the first half of 2013. At the current price, Malindo has market capitalization of Rp5.9 trillion or...
