agribusiness

UOB Kay Hian sees another 'potentially good quarter' while CGS-CIMB expects 3Q results to beat expectations.

Given expectations of volatile CPO prices, RHB is favouring Wilmar due to its integrated and diversified business model.

Indonesia had announced the temporary levy suspension from July 15 to August 31 to boost exports and increase domestic prices.

The B35 policy, effective on July 20, is aimed at reducing palm oil inventories in Indonesia.

The plan would allow the producers such as Wilmar, Golden Agri and First Resources to expand their revenues and earnings base.

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.

SINGAPORE (Dec 6): CGS-CIMB Securities is maintaining “neutral” on the Asean agribusiness sector as Indonesia revises its export levies on palm oil and its derivative products, following a drop in crude palm oil (CPO) prices.

SINGAPORE (Apr 30): Integrated agribusiness group Indofood Agri Resources (IndoAgri) reported earnings of Rp 49.8 billion ($4.8 million) for the 1Q18 ended Mar, down more than threefold from Rp 170.6 billion a year ago on lower sales volume and selling pr

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.