MEDIA & RESOURCE CENTER

Chinese demand for palm oil set to drop as buyers snap up alternative cargoes

25-May-2017
KUALA LUMPUR, May 24 Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said.

Mah: Explore potential of biomass industry

25-May-2017
PUCHONG: Players in the agricultural sector should explore the biomass industry’s potential in becoming a game changer for Malaysia, both in terms of economic growth and enhancing the sustainability of the local resources, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.

Palm oil price hits near 3-week low, tracks rival soyoil

25-May-2017
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyoil on the Chicago Board of Trade and China's Dalian Commodity Exchange.

CIMB Research retains add for Hap Seng Plantations

25-May-2017
KUALA LUMPUR: CIMB Equities Research is maintaining its Add call for Hap Seng Plantations with an unchanged target price of RM2.89.

Boustead Plantations net profit up 2.5percent at RM43.68mil

24-May-2017
PETALING JAYA: Boustead Plantations Bhd posted a 2.5% increase in net profit to RM43.68mil in the first quarter ended March 31, 2017 compared with the same quarter a year earlier.
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