Palm Voices: Plant A Thought

Mah: ‘The invention should be practical and cost-effective’.

RM4.5mil up for grabs in palm oil competition

PUTRAJAYA: Innovative minds from all over the world are invited to compete in the International Competition on Oil Palm Mechanisation (ICOPM).

Latest Stories

  • Filter by
 Malaysian palm oil futures dropped to their lowest in three months on Friday, on expectations of rising production and slow export demand.

Malaysian palm oil/Vegoils: Market factors to watch Monday Feb 20

20 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 20.

Ta Ann group managing director and CEO Datuk Wong Kuo Hea (pic) recently told StarBiz that Ta Ann had no intentions of expanding into Indonesia, hence its oil palm landbank expansion would be in Sarawak.

Ta Ann shares advance 10% on rising CPO price

20 February 2017

PETALING JAYA: The share price of Sibu-based timber and plantation group Ta Ann Holdings Bhd has rallied over 10% in the past two months, thanks to the good run-up in crude palm oil (CPO) prices.

Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchange were down 2.4 percent at 2,859 ringgit ($642.33) a tonne in the evening. Earlier, they hit 2,851 ringgit, the lowest since Nov. 18.      Traded volumes stood at 80,151 lots of 25 tonnes each at the end of the trading day

Malaysian palm oil price hits 3-month low on rising output, slow export demand

18 February 2017

KUALA LUMPUR: Malaysian palm oil futures dropped to their lowest in three months on Friday, on expectations of rising production and slow export demand.

 Malaysian palm oil futures fell to their lowest in nearly three months on Thursday evening, weighed down by expectations of rising output and tracking weaker performing rival oils.

Malaysian palm oil/Vegoils:Market factors to watch Friday Feb 17

17 February 2017

KUALA LUmPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 17.

Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchange were down 1.3 percent to 2,929 ringgit ($658.05) a tonne at the end of the trading day.  They earlier hit an intraday low of 2,925 ringgit, the weakest since Nov. 22.   Traded volumes stood at 70,395 lots of 25 tonnes each in the evening.

Malaysian palm oil price drops to near 3-month low on rising output

17 February 2017

KUALA LUMPUR: Malaysian palm oil futures fell to their lowest in nearly three months on Thursday evening, weighed down by expectations of rising output and tracking weaker performing rival oils.

 Malaysian palm oil futures saw their strongest daily gains in nearly two weeks on Wednesday after hitting a near three-month low in the previous session, aided by positive export numbers.

Malaysian palm oil/Vegoils: Market factors to watch Thursday Feb 16

16 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Feb 16

Benchmark palm oil futures for April delivery on the Bursa Malaysia Derivatives Exchange rose 0.6 percent at 3,067 ringgit ($689.68) a tonne at the end of the trading day.      Traded volumes stood at 51,973 lots of 25 tonnes each in the evening.

Malaysian palm oil price rebounds from near three-month low on positive export data

16 February 2017

KUALA LUMPUR: Malaysian palm oil futures saw their strongest daily gains in nearly two weeks on Wednesday after hitting a near three-month low in the previous session, aided by positive export numbers

Positive outlook: Boustead Plantations says prospects are positive as CPO prices are expected to remain high for the first quarter of 2017

Higher CPO prices push up Boustead Plantations' profit

16 February 2017

PETALING JAYA: Boustead Plantations Bhd turned in a net profit of RM50.29mil for the fourth quarter ended Dec 31 from a net loss of RM975,000 a year ago

Malaysian palm oil futures came off near three-month lows to trade higher on Tuesday evening on concerns about a decline in February production, traders say.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 15

15 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 15..

Benchmark palm oil futures for April delivery on the Bursa Malaysia Derivatives Exchange were up 0.4 percent at 3,049 ringgit ($685.48) a tonne at the end of the trading day.

Malaysian palm oil price hits near 3-month low before gaining on low supply

15 February 2017

KUALA LUMPUR: Malaysian palm oil futures came off near three-month lows to trade higher on Tuesday evening on concerns about a decline in February production, traders say.

The research house said the higher CPO prices were set to boost the earnings of the group’s plantation division.

IOI Corp Q2 core net profit seen up to RM280mil

15 February 2017

PETALING JAYA: IOI Corp Bhd is expected to continue to benefit from the higher crude palm oil (CPO) price, and register a core net income of between RM250mil and RM280mil for the second quarter of its financial year 2017 (Q2FY17), said MIDF Research.

The plantation group’s Q1’17 total net profit amounted to RM360.68mil on the back of RM5.5bil in revenue.

KLK plantation profit surges in Q1 on higher palm oil price

15 February 2017

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) reported a 54% surge in its plantation pre-tax profit to RM419.4mil, thanks to improved selling prices for crude palm oil (CPO) and palm kernel (PK) for its first quarter ended Dec 31, 2016 (Q1’17)

Malaysian palm oil futures on Monday hit a two-week low, recording a second straight session of declines, as prices were weighed down by prospects of improving levels in production.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Feb 14

14 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Feb 14.

Benchmark palm oil futures for April delivery on the Bursa Malaysia Derivatives Exchange was down 1.2 percent at 3,036 ringgit ($682.71) a tonne at the close of trade. It earlier fell to 3,019 ringgit, palm's weakest levels since Jan. 31.   Traded volumes stood at 68,361 lots of 25 tonnes each in the evening.

Crude palm oil price falls to two-week low

14 February 2017

KUALA LUMPUR: Malaysian palm oil futures on Monday hit a two-week low, recording a second straight session of declines, as prices were weighed down by prospects of improving levels in production.

Crude palm oil seen at between RM2,800 and RM3,300 in first half

Plantation stocks advance on bullish CPO price

14 February 2017

PETALING JAYA: Bullish crude palm oil (CPO) prices have driven plantation shares upwards in the past four months and many planters are expected to post good earnings in their soon-to-be released 2016 fourth quarter (Q4) results and the first quarter results of 2017.

  • Page 2 of 15

Go to page:

advertisement

Powered by

advertisement

advertisement