Zuraida: Malaysia to raise palm oil output this year after hiring more foreign workers
https://mpoc.org.my/zuraida-malaysia-to-raise-palm-oil-output-this-year-after-hiring-more-foreign-workers/
NEW DELHI (Feb 22): Malaysia will increase its palm oil production this year following a 5% decline last year due to a Covid-19 pandemic-induced labour shortage with the intake of more foreign workers. Thousands of new plantation workers will be being hired from Bangladesh, India and Indonesia to make up for the shortfall as demand for […]
By: via Malaysian Palm Oil Council Russia
вторник, 22 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Правительство изменило условия льготного кредитования в АПК. Согласно постановлению ставка по кредитам, выданным с 15 февраля 2022 года, будет субсидироваться в размере 70% ключевой ставки ЦБ.https://www.agroinvestor.ru/analytics/news/37571-pravitelstvo-izmenilo-usloviya-lgotnogo-kreditovaniya-v-apk/
By: via Malaysian Palm Oil Council Russia
Правительство изменило условия льготного кредитования в АПК. Согласно постановлению ставка по кредитам, выданным с 15 февраля 2022 года, будет субсидироваться в размере 70% ключевой ставки ЦБ.https://www.agroinvestor.ru/analytics/news/37571-pravitelstvo-izmenilo-usloviya-lgotnogo-kreditovaniya-v-apk/
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*MPOA 1-20th Feb Prodn est:*
Pen Msia : +4.62%
Sabah : -10.65%
Sarawak : -13.34%
East Msia : -11.33%
*Malaysia : -1.79%*
-------------------------
SPPOMA 1-20th Feb22
Yield: +11.75%
OER: -0.13%
Prod: +11.07%
By: via Malaysian Palm Oil Council Russia
Pen Msia : +4.62%
Sabah : -10.65%
Sarawak : -13.34%
East Msia : -11.33%
*Malaysia : -1.79%*
-------------------------
SPPOMA 1-20th Feb22
Yield: +11.75%
OER: -0.13%
Prod: +11.07%
By: via Malaysian Palm Oil Council Russia
понедельник, 21 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
Plantation to get support from high CPO price
MPOC (RSS)
Analysts believe plantation sector counters could see an extended price rally supported by strong quarterly earnings
MALAYSIAN plantation companies will continue to benefit from the bullish commodities supercycle for another two quarters at least which should help sustain investors’ interest in the sector counters in the short term despite yesterday’s selling.
The benchmark FTSE Bursa Malaysia KLCI fell 20 points or 1.27% yesterday to 1,582 points while the Plantation Index fell 4.12% or 334.4 points while the Technology Index fell 3.7% on profit-taking by investors.
Despite the fall yesterday, analysts, on the whole, believe plantation sector counters could see an extended price rally supported by strong quarterly earnings as the sector benefits from bullish edible oil market fundamentals.
Malacca Securities Sdn Bhd head of research Loui Low said the strong crude palm oil (CPO) prices have boosted the earnings of plantation counters and attracted investor interest.
“We believe the plantation sector is set to continue its recent rally for at least up to one or two quarters going forward,” he told The Malaysian Reserve.
While the environmental, social and governance (ESG) concerns persist among investors, Low said the strong earnings performances right now outweigh other concerns in the minds of most investors.
He expects 2022 will be a bumper earnings year for plantation companies and the relatively low valuation of the sector makes it attractive enough to narrow the discount ESG concerns had put on share prices earlier.
“For funds that are not carrying the ESG kind of mandate, they will be able to invest in plantation counters as CPO price is set to trade around the RM5,500 per tonne level for now,” he added.
For the past one month alone, Sime Darby Plantation Bhd’s share price rose 14.50%, while Kuala Lumpur Kepong Bhd (KLK) climbed 17.21%.
Sime Darby Plantation’s net profit more than tripled to RM468 million in the fourth quarter ended Dec 31, 2021 (4Q21), underpinned by both its upstream and downstream segments.
Quarterly revenue jumped 52.51% to RM5.55 billion from RM3.64 billion previously.
This resulted in higher earnings per share of 6.8 sen for Sime Darby Plantation in 4Q21 from 2.2 sen in 4Q20, the group’s Bursa Malaysia filing showed.
KLK’s net profit surged 67.69% to RM599.32 million in its recent quarter (1Q22), from RM357.41 million a year earlier, driven by sharply higher palm oil prices.
KLK’s quarterly revenue surged 58.82% to RM6.83 billion from RM4.3 billion in 1Q21 and earnings per share expanded to 55.6 sen from 33.1 sen, according to its Bursa Malaysia filing.
FGV Holdings Bhd share price has jumped 22.37% and IOI Corp Bhd gained 12.47% in a month.
Affin Hwang Investment Bank Bhd analyst Nadia Aquidah noted local institutional investors and foreign funds could have returned to Malaysia’s plantation stocks which would be good for the industry as it can provide some liquidity.
“We think there could potentially be pockets of opportunities in the short term during this high CPO price environment,” she noted in a report yesterday.
She added that most plantation stocks share prices had moved higher year-to-date and there could still be opportunities as more companies release their financial results this month.
Nadia expects CPO prices could remain elevated until the first half of 2022 and then soften as production of global vegetable oils picks up.
She stated CPO price had risen to a new high of between RM5,900 and RM6,000 per tonne last week due to the lingering tight supply, as well as an increase in related edible oils and crude oil prices.
“India’s move to cut tax on CPO imports coupled with the Indonesian government’s recent announcement to regulate palm oil expo...
View original post
By: via Malaysian Palm Oil Council Russia
MPOC (RSS)
Analysts believe plantation sector counters could see an extended price rally supported by strong quarterly earnings
MALAYSIAN plantation companies will continue to benefit from the bullish commodities supercycle for another two quarters at least which should help sustain investors’ interest in the sector counters in the short term despite yesterday’s selling.
The benchmark FTSE Bursa Malaysia KLCI fell 20 points or 1.27% yesterday to 1,582 points while the Plantation Index fell 4.12% or 334.4 points while the Technology Index fell 3.7% on profit-taking by investors.
Despite the fall yesterday, analysts, on the whole, believe plantation sector counters could see an extended price rally supported by strong quarterly earnings as the sector benefits from bullish edible oil market fundamentals.
Malacca Securities Sdn Bhd head of research Loui Low said the strong crude palm oil (CPO) prices have boosted the earnings of plantation counters and attracted investor interest.
“We believe the plantation sector is set to continue its recent rally for at least up to one or two quarters going forward,” he told The Malaysian Reserve.
While the environmental, social and governance (ESG) concerns persist among investors, Low said the strong earnings performances right now outweigh other concerns in the minds of most investors.
He expects 2022 will be a bumper earnings year for plantation companies and the relatively low valuation of the sector makes it attractive enough to narrow the discount ESG concerns had put on share prices earlier.
“For funds that are not carrying the ESG kind of mandate, they will be able to invest in plantation counters as CPO price is set to trade around the RM5,500 per tonne level for now,” he added.
For the past one month alone, Sime Darby Plantation Bhd’s share price rose 14.50%, while Kuala Lumpur Kepong Bhd (KLK) climbed 17.21%.
Sime Darby Plantation’s net profit more than tripled to RM468 million in the fourth quarter ended Dec 31, 2021 (4Q21), underpinned by both its upstream and downstream segments.
Quarterly revenue jumped 52.51% to RM5.55 billion from RM3.64 billion previously.
This resulted in higher earnings per share of 6.8 sen for Sime Darby Plantation in 4Q21 from 2.2 sen in 4Q20, the group’s Bursa Malaysia filing showed.
KLK’s net profit surged 67.69% to RM599.32 million in its recent quarter (1Q22), from RM357.41 million a year earlier, driven by sharply higher palm oil prices.
KLK’s quarterly revenue surged 58.82% to RM6.83 billion from RM4.3 billion in 1Q21 and earnings per share expanded to 55.6 sen from 33.1 sen, according to its Bursa Malaysia filing.
FGV Holdings Bhd share price has jumped 22.37% and IOI Corp Bhd gained 12.47% in a month.
Affin Hwang Investment Bank Bhd analyst Nadia Aquidah noted local institutional investors and foreign funds could have returned to Malaysia’s plantation stocks which would be good for the industry as it can provide some liquidity.
“We think there could potentially be pockets of opportunities in the short term during this high CPO price environment,” she noted in a report yesterday.
She added that most plantation stocks share prices had moved higher year-to-date and there could still be opportunities as more companies release their financial results this month.
Nadia expects CPO prices could remain elevated until the first half of 2022 and then soften as production of global vegetable oils picks up.
She stated CPO price had risen to a new high of between RM5,900 and RM6,000 per tonne last week due to the lingering tight supply, as well as an increase in related edible oils and crude oil prices.
“India’s move to cut tax on CPO imports coupled with the Indonesian government’s recent announcement to regulate palm oil expo...
View original post
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Plantation to get support from high CPO price
https://mpoc.org.my/plantation-to-get-support-from-high-cpo-price/
MALAYSIAN plantation companies will continue to benefit from the bullish commodities supercycle for another two quarters at least which should help sustain investors’ interest in the sector counters in the short term despite yesterday’s selling. The benchmark FTSE Bursa Malaysia KLCI fell 20 points or 1.27% yesterday to 1,582 points while the Plantation Index fell 4.12% or 334.4 […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/plantation-to-get-support-from-high-cpo-price/
MALAYSIAN plantation companies will continue to benefit from the bullish commodities supercycle for another two quarters at least which should help sustain investors’ interest in the sector counters in the short term despite yesterday’s selling. The benchmark FTSE Bursa Malaysia KLCI fell 20 points or 1.27% yesterday to 1,582 points while the Plantation Index fell 4.12% or 334.4 […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
CPO price to soften as vegetable oils pick up?
https://mpoc.org.my/cpo-price-to-soften-as-vegetable-oils-pick-up/
KUALA LUMPUR: Crude palm oil (CPO) prices could remain elevated until the first half (1H) of 2022 but may soften as production of global vegetable oils picks up, said Affin Hwang Capital. Affin Hwang analyst Nadia Aquidah said CPO prices had risen to a new high of between RM5,900 and RM6,000 per tonne last week […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/cpo-price-to-soften-as-vegetable-oils-pick-up/
KUALA LUMPUR: Crude palm oil (CPO) prices could remain elevated until the first half (1H) of 2022 but may soften as production of global vegetable oils picks up, said Affin Hwang Capital. Affin Hwang analyst Nadia Aquidah said CPO prices had risen to a new high of between RM5,900 and RM6,000 per tonne last week […]
By: via Malaysian Palm Oil Council Russia
воскресенье, 20 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
*SPPOMA 1-20th Feb22*
Yield: +11.75%
OER: -0.13%
*Prod: +11.07%*
SPPOMA: 1-15th Feb 22
Yield : +0.78%
OER : -0.06%
Prod : +0.46%
SPPOMA 1-10th Feb22
Yield : -0.83%
OER : +0.02%
Prod : -0.67%
SPPOMA: 1-5th Feb 22
Yield : -36.69%
OER : +0.73%
Prod : -32.85%
By: via Malaysian Palm Oil Council Russia
Yield: +11.75%
OER: -0.13%
*Prod: +11.07%*
SPPOMA: 1-15th Feb 22
Yield : +0.78%
OER : -0.06%
Prod : +0.46%
SPPOMA 1-10th Feb22
Yield : -0.83%
OER : +0.02%
Prod : -0.67%
SPPOMA: 1-5th Feb 22
Yield : -36.69%
OER : +0.73%
Prod : -32.85%
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia palm oil export 1-20 Feb'22 vs. 1-20 Jan'22 (in mt)
*Amspec: 818,293 vs. 633,531 (+184,762 or up 29.16%)*
ITS: 825,193 vs. 660,866 (+164,327 or up 24.87%)
By: via Malaysian Palm Oil Council Russia
*Amspec: 818,293 vs. 633,531 (+184,762 or up 29.16%)*
ITS: 825,193 vs. 660,866 (+164,327 or up 24.87%)
By: via Malaysian Palm Oil Council Russia
пятница, 18 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysia CPO tops RM6,000 a tonne at record high in industry super cycle | The Edge Markets
https://www.theedgemarkets.com/article/malaysia-palm-oil-futures-rise-past-rm6000-tonne-alltime-high
By: via Malaysian Palm Oil Council Russia
https://www.theedgemarkets.com/article/malaysia-palm-oil-futures-rise-past-rm6000-tonne-alltime-high
By: via Malaysian Palm Oil Council Russia
четверг, 17 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysia CPO futures ask price tops RM6,000 a tonne for first time
https://mpoc.org.my/malaysia-cpo-futures-ask-price-tops-rm6000-a-tonne-for-first-time/
KUALA LUMPUR (Feb 17): Malaysian crude palm oil (CPO) futures ask price topped RM6,000 a tonne for the first time on Thursday (Feb 17) at RM6,050, as the commodity’s price closed at its record high. At 6.30pm, March 2022 CPO price closed up RM140 at its record high at RM5,970 a tonne, after the commodity […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysia-cpo-futures-ask-price-tops-rm6000-a-tonne-for-first-time/
KUALA LUMPUR (Feb 17): Malaysian crude palm oil (CPO) futures ask price topped RM6,000 a tonne for the first time on Thursday (Feb 17) at RM6,050, as the commodity’s price closed at its record high. At 6.30pm, March 2022 CPO price closed up RM140 at its record high at RM5,970 a tonne, after the commodity […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
За первый месяц 2022 года, по данным ФТС России экспорт масличных культур снизился на 84% по сравнению с аналогичным месяцем прошлого года и составил 118 тыс. тонн. По сравнению с декабрем объемы вывоза семян в январе снизились на 48%. https://oleoscope.com/analytics/jeksport-otechestvennogo-podsolnechnika-v-janvare-uvelichilsja-v-3-5-raza-otgruzki-masla-snizilis-na-62/
By: via Malaysian Palm Oil Council Russia
За первый месяц 2022 года, по данным ФТС России экспорт масличных культур снизился на 84% по сравнению с аналогичным месяцем прошлого года и составил 118 тыс. тонн. По сравнению с декабрем объемы вывоза семян в январе снизились на 48%. https://oleoscope.com/analytics/jeksport-otechestvennogo-podsolnechnika-v-janvare-uvelichilsja-v-3-5-raza-otgruzki-masla-snizilis-na-62/
By: via Malaysian Palm Oil Council Russia
среда, 16 февраля 2022 г.
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Главная задача сельского хозяйства Амурской области — не вырастить сою и продать ее за рубеж, а обеспечить надежную продовольственную безопасность региона и привлечь в отрасль квалифицированные кадры. Об этом заявил губернатор Василий Орлов https://ampravda.ru/2022/02/16/0110608.html
By: via Malaysian Palm Oil Council Russia
Главная задача сельского хозяйства Амурской области — не вырастить сою и продать ее за рубеж, а обеспечить надежную продовольственную безопасность региона и привлечь в отрасль квалифицированные кадры. Об этом заявил губернатор Василий Орлов https://ampravda.ru/2022/02/16/0110608.html
By: via Malaysian Palm Oil Council Russia
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