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Plantation firms riding high on strong CPO prices
THE solid earnings reported recently by leading local plantation companies largely reflect the buoyancy of the crude palm oil (CPO) market last year, when prices rose by an average of 50% to RM1,343 per tonne compared with the lacklustre average price of RM893 per tonne in 2001.
Crude palm oil production set to rise 5%
THE performance of the palm oil industry is expected to improve further this year due to current global factors, with production targeted to rise 5% to 12.2 million tonnes this year and exports projected at 10 million tonnes.
Contrarian view on plantation sector
IT IS not every day that an investment analyst borrows from the work of rock music icon Bob Dylan. So, when a local stockbroking house recently came out with a research report called I>The Times They Are A-Changing/I>, it is noteworthy.
CPO to consolidate in band trade
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
Bearish Q1 finish for CPO futures
The Malaysia Derivatives Exchange (MDEX) crude palm oil (CPO) futures prices ended the week slightly lower after having traded on both sides of its previous close.
Another record year for IOI Corp
IOI CORP Bhd has turned in another record-setting financial performance for its financial year ended June 30, with pre-tax profit hitting RM812.63mil on revenue of close to RM4bil.
CPO to congest in band trading
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.
CPO prices likely to trend lower
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.
