palm oil

Palm oil

US$1.4 bil of Malaysian palm oil caught in crossfire as Mahathir angers India

(Jan 22): A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire: palm oil.

Palm oil

Indonesia files WTO lawsuit against EU over palm oil limits

(Dec 16): Indonesia has taken legal action against the European Union over stricter limits on how palm oil can be used in green fuels, marking a further deepening in trade tensions.

Investing ideas

3 top plantation picks to harvest as palm oil stages rebound: DBS

SINGAPORE (Dec 10): The storm looks to have blown over for palm oil players.

Results

Golden Agri narrows 9M losses by 43.8% to $62.1 mil

SINGAPORE (Nov 14): Golden Agri-Resources has managed to narrow its losses in 9M19 to US$45.6 million ($62.1 million), from US$81.1 million in 9M18.

Corporate moves

GCCP Resources in $220.3 million Indonesian palm oil RTO deal

SINGAPORE (Oct 11): GCCP Resources, a Malaysian calcium carbonate quarry company, is buying an Indonesian palm oil company PT Arjuna Utama Sawit in a reverse takeover deal worth $220.3 million.

Broker's Calls

Indonesian agri businesses get a boost as government keeps zero palm oil export levy

SINGAPORE (Sept 25): Indonesian planters have gotten a reprieve, as the government on Tuesday announced that it will not be collecting palm oil levies for the rest of this year.

Investing ideas

1H for Bumitama Agri was a huge miss; will 2H be better?

SINGAPORE (Aug 27): Shares in Bumitama Agri are currently trading at an all-time low at 58 cents. Year to date, the stock has fallen 14.9%.

Malaysia

Malaysia's palm oil futures dominance challenged by upstart

(July 16): Palm oil futures have been trading on Singapore’s Asia Pacific Exchange for just three months, but they’re already making their mark in a world long dominated by the benchmark

Broker's Calls

Brokers slash estimates for Bumitama after 1Q disappointment, but say production remains strong

SINGAPORE (May 17): DBS Vickers Securities and UOB Kay Hian are maintaining their “buy” recommendations on Bumitama Agri Limited (BAL) with the respective price targets of 69 cents and 81 cents, ev

Commentary

Pay up, or they give up

SINGAPORE (May 13): The row over the palm oil industry and the detrimental effects it has on the environment has intensified in recent weeks, fired up by the European Union’s plan to curb the use o

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