Mar 27, 2014 | Agriculture
Shares of plantation companies mostly rebound in the region Wednesday (Mar 26) even though crude palm oil (CPO) continued its correction in both physical and futures market. The benchmark June contracts were traded as low as RM2688 per ton, while April contracts...
Mar 25, 2014 | Agriculture
The southern coast of the Province of Yogyakarta is known as an area that produces vannamei shrimps (whiteleg shrimp) for export to the United States of America and South Korea. In order to understand the shrimp farming business on the southern coast, we spoke to a...
Mar 25, 2014 | Agriculture
Opened higher, the benchmark June 2014 contracts of crude palm oil (CPO) ended further down by more than 1% to RM2699 per ton Monday (Mar 24). July and August contracts also dropped to RM2670 and RM2651 per ton respectively. Astra Agro Lestari (AALI), meanwhile,...
Mar 24, 2014 | Agriculture
KPB Nusantara, the joint marketing office of state plantations, was forced to withdraw five out of eight CPO packages auctioned off Friday (Mar 21). In the futures market, the benchmark June contracts of crude palm oil (CPO) ended lower by 1.5% to RM2731/ton. In this...
Mar 21, 2014 | Agriculture
Shares of plantation firms open mixed this morning. Giants like Felda Global, Wilmar, and Golden Agri were in red, but KL Kepong, Astra Agro, and First Resources were in green. Crude palm oil (CPO), meanwhile, moved volatile in futures market in the past few days as...
Mar 19, 2014 | Agriculture
On January 17, 2014, The Jakarta Post published an article titled RI Plantation Sector: The Biodiesel Story, written by Leonardo Henry Gavaza, an analyst from Bahana Securities. The article basically highlighted potentials of Indonesia’s 10% biodiesel mandate in...
Mar 17, 2014 | Agriculture
Like coal, palm oil producers also missed Jokowi Effect due to continued correction of crude palm oil (CPO) prices in futures market Friday (Mar 14). Wilmar, First Resources, Golden Agri, and Bumitama Agri end in red zone in Singapore. Astra Agro, Sampoerna Agro,...
Mar 13, 2014 | Agriculture
The benchmark May 2014 contracts of crude palm oil (CPO) settled significantly lower by 1.8% to RM2821 per ton Wednesday (March 12) on profit taking and broad market pressures on commodities. Has the commodity reached its peak for further corrections going forward?...
Mar 12, 2014 | Agriculture
The benchmark May 2014 contracts of crude palm oil (CPO) finally ended lower by 1% to RM2872 per ton Tuesday (Mar 11) on profit taking after months of rally lifting the commodity by 30% since August 2013. February 2014 data of some planters pointed to growing output....
Mar 10, 2014 | Agriculture
Shares of plantation companies opened mostly lower in the region this morning. First Resources Ltd down almost 3% in Singapore, while Golden Agri and Indofood Agri lost 2.5% and 1.6% respectively. In Kuala Lumpur, Felda Global, the world’s largest producer of...
