by Editor | Aug 27, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Astra Agro Lestari (AALI) sold 132,000 tons of crude palm oil (CPO) last month, inched up 1.3% only from July 2012. Average monthly price of CPO for July was Rp7068/Kg (net), slightly higher than June (Rp7003/Kg), but significantly lower...
by Yohanes Obor | Aug 19, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) III, based in Medan (Sumatera), booked net profit of Rp240 billion in January-July 2013 period. The company failed to reach its profit target as crude palm oil (CPO) price in global...
by Editor | Aug 18, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Natural rubber market is expected to remain in a narrow trading range in the second half of 2013, Sipef, one of producers in Indonesia, said. “The market has settled around current market prices for the last weeks and prices are well...
by Editor | Aug 18, 2013 | Agriculture, News, Resources
BRUSSELS (Yosefardi) – Sipef produced 695 tons of tea in Cibuni, West Java in the second quarter of 2013, dropped by 10.55% from the corresponding period of 2012 due to unfavorable weather condition. As a result, Sipef’s first half 2013 tea production down...
by Editor | Aug 8, 2013 | Agriculture, News, Resources
HONG KONG (Yosefardi) – Agriculture giant C.P. Pokphand Co Ltd booked net profit of US$62 million in the first half ended June 30, 2013, slashed by 40% from the corresponding period of 2012 due to squeezed margins. According to the company’s interim...
by Hatman Bintang | Aug 6, 2013 | Agriculture, News, Resources
LONDON (Yosefardi) – Glencore Xstrata plc is selling its biggest malt producer in Australia, Joe White Maltings, to Cargill. The transaction is completed for approximately US$373 million. Joe White was acquired by Glencore as part of the Viterra acquisition. The sale...