El Nino

SINGAPORE (Aug 11): Kencana Agri losses for 2Q widened to US$6.7 million ($9.0 million) from US$2.9 million in the same quarter last year.

SINGAPORE (July 25): Emerging signs of La Niña — the cool, wet weather phase that brings plenty of rain to Southeast Asia — could spell relief for oil palm planters.

SINGAPORE (July 13): Maybank Kim Eng is maintaining its “neutral” call on the plantations sector, given weak demand for crude palm oil (CPO) from major importing companies have placed a dampener on prices.

KUALA LUMPUR (May 16): Malaysia's Felda Global Ventures Berhad, the world's third largest palm plantations operator, said its palm oil output would likely drop 17% this year as dry conditions from the El Nino weather pattern hit crops.