palm oil

SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “market weight” rating on Singapore plantation stocks.

SINGAPORE (Mar 5): CIMB is maintaining its “neutral” call on the agribusiness sector while maintaining its average crude palm oil (CPO) price forecast of RM2,700 per tonne ($913.33) for 2018.

SINGAPORE (Oct 11): CIMB is maintaining its “neutral” rating on the Asean agribusiness as the current CPO price may not be sustainable in 4Q17.

SINGAPORE (Sept 13): OCBC is maintaining its “hold” call on Golden Agri with an unchanged fair value of 36 cents given the research house expects few catalysts in the near term.

(June 19): The chairman of Felda Global Ventures Holdings Bhd. resigned amid a leadership tussle and graft probe at the world’s biggest crude palm oil producer. Shares in the Malaysia state-linked company rose.

SINGAPORE (May 23): Palm oil counters have been among the standout performers in this quarter’s earnings season. All but one have reported stronger revenue and earnings growth in the quarter ended March, based on a list of six companies compiled by The

SINGAPORE (May 11): First Resources saw earnings in the first quarter ended March surge by 807.0% to US$48.5 million ($68.4 million), from US$5.3 million a year ago.

SINGAPORE (April 11): DBS Vickers Securities is maintaining its forecasts for Wilmar International’s oilseed & grains pretax margin to average 1.9% this year from 1.4% in 2016. The research house is also keeping the counter at “hold” with a target p

SINGAPORE (March 29): Indonesia’s economy is losing out on commodity gains after lawmakers wrapped protectionist policies around the nation’s resources. Their next problem: finding a lucrative replacement.

SINGAPORE (Dec 7): 2017 could finally be a better year for commodities as higher fresh fruit bunches output and crude palm oil prices fuel improved earnings for upstream palm oil companies.