soybean

Crude palm oil (CPO) prices could decline in 4Q on the back of slightly higher inventory levels, warns RHB Securities.

Increased purchases come at a time when the outlook for this year’s US harvest is worsening after a drought hurt crops.

(June 12): Wilmar International, one of the world’s largest food producers, is planning to boost its soybean crushing capacity in China even as a deadly pig-killing virus cuts demand for animal feed.

SINGAPORE (June 21): Despite the US and China having agreed to back down from imposing tariffs in May, the Trump administration has gone ahead to slap a 25% tariff on up to US$50 billion ($68 billion) of Chinese products.

SINGAPORE (Apr 6): CIMB Research believes China’s plan to slap a 25% import tariff on soybean imports from the US amid an escalating tit-for-tat trade spat could be potentially negative for China-based soybean crushers Wilmar International and Golden Ag

SINGAPORE (Jan 9): RHB is maintaining its “buy” call on Golden Agri at a target price of 46 cents while declaring the stock as its top pick within the plantation sector.

SINGAPORE (Jan 4): RHB is maintaining its “neutral” stance on the plantation sector with its top pick as Golden Agri for its diversified land bank, crude palm oil (CPO) price sensitivity and stock liquidity.