Jakarta, CNBC Indonesia – A company that focuses on the Triputra Group’s plantation business, PT Triputra Agro Persada, plans to list its initial shares on the Indonesia Stock Exchange. In the initial public offering (IPO), the company released as many as 925 million new shares with a nominal value of Rp 100 per share or … Read more
ILLUSTRATION. The price of CPO continues to climb, touching the highest price record since more than five years ago. Reporter: Danielisa Putriadita | Editor: Wahyu T. Rahmawati KONTAN.CO.ID – JAKARTA. Crude palm oil price or crude palm oil (CPO) continues to climb to touch the highest price record since more than five years ago. The … Read more
Jakarta, CNBC Indonesia – Rising prices crude palm oil (CPO) happened since last March. The ongoing rally has made CPO prices now in their highest range in 8 years. This makes the national oil palm plantation sector earn rating overweight (increase over other sectors) from analysts. The CPO futures contract price for January delivery on … Read more
Jakarta, CNBC Indonesia – In the midst of the corona virus pandemic, issuers are trying to save cash by reducing the distribution of dividends or not even giving dividends at all. However, this is an exception for the crude palm oil (CPO) company PT Provident Agro Tbk (PALM) which turns out to be brave enough … Read more
ILLUSTRATION. Worker shows the fruit of a palm head at a plantation in Malaysia. Source: Reuters | Editor: SS Kurniawan KONTAN.CO.ID – KUALA LUMPUR. Malaysia views the United States (US) accusations of forced labor in oil palm plantations as an “old issue”, but they are ready to take appropriate action if necessary. Last month, US … Read more
Jakarta, CNBC Indonesia – United States (US) reportedly blocked imports of palm oil (CPO) and derivative products from FGV Holding Bhd Malaysia. This company is one of the largest producers in the world. Written Bloomberg, shipments from the company and its subsidiaries are held at all US ports of entry. This was stated by the … Read more
Jakarta, CNBC Indonesia – Crude palm oil commodity prices or crude palm oil (CPO) weakened in trading today Friday (21/8/2020). At 10.50 WIB, the CPO price for the delivery contract November 2020 on the Bursa Malaysia Derivatives Exchange fell 1,61% to RM 2.694/your plummeted below its psychological level RM 2.700/your. The decline in CPO prices … Read more