Global edible oil markets simmer after shock Indonesia ban

Below are details on the world's major edible oils:

Rising wheat, CPO prices a challenge for Hup Seng

PETALING JAYA: The rising raw material costs is the greatest challenge for Hup Seng Industries Bhd currently. TA Securities Research said that some of the group’s raw material prices have accelerated to a new high this month, in particular the prices of wheat and crude palm oil (CPO) which are 8% and 32% higher compared with the financial year 2021 (FY21).

Australia and Argentina step up in wheat sector

SYDNEY: For the second season in a row, the stars are favourably aligned for Australian wheat growers – a bumper harvest, a global shortage of one of the planet’s most important foods and world prices near nine-year highs.

Hup Seng, a timeless favourite

HUP Seng Industries Bhd is one of the leading cream cracker manufacturers regionally. It is a timeless favourite among Malaysians, having fed countless households as it is considered a staple food.

Trading ideas: KNM, Opcom, Ageson, AME, Gagasan, MGRC

KUALA LUMPUR: Companies which could see trading interest on Monday are KNM, Opcom, Ageson, AME, Gagasan, MGRC following their corporate news recently, JF Apex Research said.

Bursa Malaysia publicly reprimands London Biscuits, fines ex-CEO

KUALA LUMPUR  (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded London Biscuits Bhd (in liquidation) and its former chief executive officer (CEO) and executive director (ED) Datuk Seri Liew Yew Chung for contravening the exchange’s Main Market listing requirements (Main LRs).

Trading ideas: Yinson, D&O, Reservoir Link, JF Technology, Serba Dinamik

KUALA LUMPUR: Yinson Holdings Bhd, D & O Green Technologies Bhd, JF Technology Bhd, Reservoir Link Energy Bhd, Serba Dinamik Holdings Bhd, Ta Win Holdings Bhd and Hup Seng Industries Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Global edible oil prices near their peak, but retreat may be slow

KUALA LUMPUR: Global edible oil prices are nearing their peak but may be slow to decline to previous levels due to low stocks, a slow recovery in output and higher global use in biofuel production, leading analysts said on Wednesday.

Higher raw material cost a drag on Hup Seng’s earnings

Julie’s undergoing dynamic rebranding campaign

PETALING JAYA: Julie’s, the eponymous biscuit brand founded 35 years ago in Malaysia, has emerged with new confidence and a spirit of hope through a dynamic rebranding campaign.