Palm Oil Retreats to Below RM2300

Palm Oil Retreats to Below RM2300

JAKARTA (Yosefardi) – Crude palm oil (CPO) retreated RM21 to RM2290 per ton for the benchmark December 2013 contracts on Bursa Malaysia Derivatives Thursday (Oct 3rd). January 2014 contracts also down RM19 to RM2293 per ton, while February 2014 contracts down to...

Bakrie Sumatra Swings to Loss

JAKARTA (Yosefardi) – PT Bakrie Sumatra Plantation Tbk (UNSP) suffered loss of Rp225.06 billion in first half of this year, compared to profit Rp3.5 billion in the same period of last year. Net sales dropped 39% to Rp929.53 billion from previous Rp1.52 trillion....