$Bumitama Agri(P8Z.SI)$ Malaysian palm oil futures tumbled about 3.5% to below MYR 4,230 per tonne, reversing modest gains from the prior session and hitting a six-week low. The drop followed the Malaysian Palm Oil Council’s forecast of MYR 4,200–4,500 in the coming weeks, reflecting tight vegetable oil supply amid soft demand from key markets. Declines in rival edible oils on Dalian and Chicago exchanges added pressure. Peak output is expected between September and October due to favorable weather, while end-August stocks rose 4.2% from July to 2.2 million tonnes. Hope price index can stay strong!
$Delfi(P34.SI)$ Cocoa price is continue to go high. PRICE OF TODAY exceeded 10000/Mt. It will definitely provide huge stress to company to get better in profit.
$FOOD EMPIRE HOLDINGS LIMITED(F03.SI)$Disappointed Q2 result, profit of Q1 had been eroded. Continue challenging business environment within their key market such as ASEAN, Rusia n etc. Have to quickly jump ship.
$BUMITAMA AGRI LTD.(P8Z.SI)$CPO remain strong.. next quarter results will be excellent ! ID Gov reduced on taxation for palm oil which is another good news for this stock with better profitability!