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Palm Oil Financing
Some planters are shopping for financing. Bakrie Sumatra Plantation (UNSP), for example, plans to issue US$200 million bonds early next year to refinance its existing facilities. BW Plantation has also launched a plan to raise Rp700 billion from bonds market. The appetite? ,Last Updated ( Sat, 04 Sep 2010)
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| PALM OIL JOURNAL
The benchmark November contracts of CPO advanced further to RM2570 per ton on Friday, Sept 3rd, as crude oil regained grounds. Plantation stocks ended mostly higher that week. In this report: (1) SIPEF first half results, (2) Anglo Eastern first half results, (3) REA Kaltim first half results. (Sat, 04 Sep 2010)
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| PALM OIL JOURNAL
The benchmark November contracts of CPO on Malaysia Derivatives Exchange inched up to RM2542 per ton on Thursday as crude oil eased off to below US$74 per barrel. Plantation stocks, meanwhile, closed mixed in the region. (Thu, 02 Sep 2010)
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| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of crude palm oil advanced further to RM2570 per ton on Malaysia Derivatives Exchange Monday (Aug 30) to tracking a strengthened crude oil and renewed concern on supply. Plantation stocks also closed higher with correction on profit taking on some shares. | |
| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of crude palm oil declined further to RM2486 per ton on Malaysia Derivatives Exchange Wednesday (Aug 25) to tracking the downfall of crude oil, weakening demand, and lower export from Malaysia. In this report: (1) Mandiri-Bakrie on Domba Mas Group's assets, (2) Gozco on Benua Indah assets. | |
| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of crude palm oil on Malaysia Derivatives Exchange retreated 1.95% to RM2510 per ton Tuesday. Crude oil, meanwhile, slashed 2.22% to US$71.53 per barrel on Nymex. In this report: (1) London Sumatra's first half results, (2) IOI Corporation's performance. | |
| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of CPO on Malaysia Derivatives Exchange settled lower at RM2544 per ton on Friday (Aug 20) to post a weekly correction of 5.4%. Plantation stocks lost ground accordingly. In this report: (1) Hindoli & RSPO, (2) BW Plantations rating, (3) Wilmar & PT Kereta Api, and (4) Gozco's intention to acquire Benua Indah assets. | |
| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of crude palm oil (CPO) declined further to RM2598 per ton after traded as low as RM2567 per ton. Plantation stocks closed mixed in the region. In this report: (1) Bakrie Sumatra - Bank Mandiri - Domba Mas, (2) KL Kepong performance. | |
| • PALM OIL JOURNAL | Palm Oil | The benchmark November contracts of CPO on Malaysia Derivatives Exchange slashed substantially to RM2610 per ton on Wednesday (Aug 18). Plantation stocks closed mixed in the region, with Bakrie Sumatra Plantation is top loser. | |
| • Sinarmas Expands to Liberia | Palm Oil | Golden Agri-Resources Limited, a palm oil giant controlled by Sinarmas Group, is looking at investment opportunities in Liberia with access to develop up to 220,000 hectares of oil palm plantation. | |
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