Posted by Johnsonwong > 2016-01-19 15:38 | Report Abuse

（古晉18日訊）第二資源策劃與環境部放眼在第十一大馬計劃下，由砂拉越木材發展機構（PUSAKA）擬定行動方案，有望將木材出口收入提升10至40％，即每年80億至100億令吉。

第二資源策劃及環境部長拿督阿瑪阿旺登雅指出，自50年前，木材領域已成為砂州經濟收入主要來源之一。

他說，在州政府有效舉措及落實成果下，現階段木材領域已貢獻72億令吉的出口額，同時製造不少於5萬個就業機會。

阿旺登雅是今日在砂拉越木材發展機構常月會議兼頒發證書活動上致詞時，如是表示。（星洲日報／砂拉越）

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Posted by Ring > 2016-01-19 16:29 | Report Abuse

http://www.theborneopost.com/2016/01/19/sime-darby-plantations-feels-the-heat-of-haze-and-el-nino/

Posted by Ring > 2016-01-19 16:35 | Report Abuse

Malaysia's CPO stock level declines on biodiesel plan
http://www.thestar.com.my/business/business-news/2016/01/19/malaysia-cpo-stock-level-declines-on-biodiesel-plan/

Posted by Ring > 2016-01-19 16:36 | Report Abuse

With all this positive articles i forcee sudden hike in palm oil price!

Posted by Ring > 2016-01-19 16:40 | Report Abuse

Wow! volume already 6m if touch 10m.....!!!....???

Posted by Annetan > 2016-01-19 19:22 | Report Abuse

Below is the google translate for the mandarin updateshttps://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://klse.i3investor.com/servlets/forum/800000681.jsp&usg=ALkJrhjZx6dXWcW73ghw-hGog0k1ywWLQQ

Posted by Johnsonwong > 2016-01-20 08:41 | Report Abuse

KUALA LUMPUR: Malaysian palm oil futures staged a turnaround on Tuesday to notch modest gains as traders grew bullish on more pronounced forecasts of lower production.

The palm oil contract for April on the Bursa Malaysia Derivatives Exchange rose 0.3 percent to 2,477 ringgit ($567.79) per tonne at the end of the trading day. It earlier fell as much as 0.5 percent.

Traded volume stood at 42,607 lots of 25 tonnes each.

"Lower production in January and February is very prominent," said a palm trader in Kuala Lumpur.

"By March, if prices remain where it is now, the export tax for crude palm oil will kick in. Thus, buyers will buy before that happens."

Malaysia imposes a crude palm oil export tax when prices go above 2,250 ringgit per tonne. The tax starts from 4.5 percent and can reach a maximum of 8.5 percent.

Palm oil production in top producers Malaysia and Indonesia is seen taking a hit this year due to the dry weather impacts of the El Nino, which reduces fresh fruit yields and lowers crude palm oil production.

Malaysian output is expected to decline marginally to 19.8 million tonnes in 2016, Thomas Mielke, editor of Hamburg-based newsletter Oil World, said at a palm oil economic review and seminar on Tuesday.

He added that production from top producer Indonesia will, however, rise slightly to 34 million tonnes.

Palm oil may seek a support at 2,455 ringgit per tonne and then retest the resistance at 2,495 ringgit, said Wang Tao, Reuters market analyst for commodities and energy technicals.

In competing vegetable oils, the May soybean oil contract on the Dalian Commodity Exchange rose 1.1 percent.

Posted by dnn78 > 2016-01-20 08:43 | Report Abuse

Good to go in @1.54?

Posted by Johnsonwong > 2016-01-20 08:49 | Report Abuse

Indonesia to export lesser palm oil in 2016

Reported by: `CT Report January 19, 2016

KUALA LUMPUR: Indonesia will export lesser palm oil this year as it uses more of the commodity at home to blend into biodiesel, an industry group said, putting the country on track for its first drop in overseas sales of the tropical oil in five years.

The world’s top producer and exporter of palm oil is seen shipping out 23-24 million tonnes of the edible oil this year, said Fadhil Hasan, executive director of the Indonesian Palm Oil Association (GAPKI), as much as 9 percent below year-ago levels.

Lower exports could propel further gains in benchmark palm oil futures that are currently near a three-week top of 2,495 ringgit ($570.16) per metric tons. Last year, prices rallied 10 percent on biodiesel demand hopes and worries of damage to yields from dryness linked to an ongoing El Nino weather event.

“Hopefully in 2016 (biodiesel consumption) will increase significantly,” GAPKI’s Hasan said at a palm oil economic review seminar in Kuala Lumpur on Tuesday.

While Indonesia’s palm oil output this year will be higher than previously expected, given signs the El Nino is easing and as new plantations come online, exports will be less than 2015 because of domestic market absorption, he said.

Indonesia’s palm oil shipments have risen over the past few years, from 16.42 million metric tons in 2010/11 to 25.3 million metric tons last year, US Department of Agriculture data shows.

But the trend is likely to change this year with the country promoting the use of biodiesel to cut its oil import bill and to mop up its supplies of crude palm oil. Last year, Indonesia raised biodiesel subsidies and the minimum bio content in diesel fuel to 15 percent from 10 percent. Palm prices could climb to $580 to $600 per metric tons in 2016, Hasan said, although higher Indonesian output will cap gains.

He pegged the country’s palm oil output at 35 million metric tons this year, versus 32.5 million tonnes in 2015. GAPKI had earlier forecast output at 33.5 million metric tons for 2016. “Apparently we see that the El Nino now is easing, as some parts of Indonesia are seeing rain,” Hasan said.

“The expansion of Indonesian palm oil plantation in the last three to four years was big, around 500,000 hectares per year, so even if [production is] affected by El Nino, it will be compensated by new harvested crops.”

Palm output in Malaysia, the world’s No.2 producer, is also expected to rise, to 20.1 million metric tons in 2016 from 19.96 million metric tons a year ago, the Malaysian Palm Oil Board said on Tuesday.

Posted by ljmeng > 2016-01-20 09:20 | Report Abuse

taann is coming....jtiasa...pls wake up!!!

Posted by Leeno1111 > 2016-01-20 09:33 | Report Abuse

Weng77, thank you for your articles. Does the plenty supply of soybean is just temporarily? I thought El Nino effect will impact Soybean production.

Posted by Ring > 2016-01-20 18:23 | Report Abuse

http://www.theborneopost.com/2016/01/20/mpic-optimistic-over-outlook-for-palm-oil/

Posted by Ring > 2016-01-20 20:00 | Report Abuse

http://klse.i3investor.com/servlets/ptres/34138.jsp

Posted by kai89 > 2016-01-20 20:05 | Report Abuse

what related to cpo , not umdestand u all , jtiasa pisj up because sareawk going eletion , secopnd is RM dreciate ,all Jtiasa timber to Japan , i really not undeRSTAND

Posted by calvintanengbee > 2016-01-20 23:09 | Report Abuse

Something you should know:

Your CIMB remiser, in surface, appear to be friendly to you, talk this and talk that.

He actually want you to lose money, if not, at least gain less.

Conspirac

Posted by calvintanengbee > 2016-01-20 23:24 | Report Abuse

Thank you for buying JTIASA @ RM 1.70~1.80

I received my Early Ang Pow when I sold my giant treasures at the price range.

Again, thousand thanks.

Posted by peter123 > 2016-01-20 23:27 | Report Abuse

I guess price will dip further before it rebounds

Posted by Sapphire > 2016-01-20 23:49 | Report Abuse

no lar....wait quarter report...sindiket all out liao

Posted by Sapphire > 2016-01-20 23:50 | Report Abuse

now u can start accumulate....fair price shown today..

Posted by Sapphire > 2016-01-20 23:50 | Report Abuse

hold 6 months...

Posted by Sapphire > 2016-01-20 23:54 | Report Abuse

divoice jtiasa, taann u will regret,,,,

Posted by mous > 2016-01-21 00:21 | Report Abuse

Sapphire is actually part of the syndicate

Posted by hng33 > 2016-01-21 09:26 | Report Abuse

Bought back Jtiasa at 1.47

Posted by hng33 > 2016-01-21 10:26 | Report Abuse

Bought more at 1.45

Posted by Peter123 > 2016-01-21 10:26 | Report Abuse

Market will turn to green ...

Posted by hng33 > 2016-01-21 10:46 | Report Abuse

Yes, moving up now

Posted by Peter123 > 2016-01-21 11:48 | Report Abuse

no power lah!

Posted by logicguyz > 2016-01-21 12:35 | Report Abuse

Sifu2, so what is the strategies? Accumulate or hold?

Posted by Peter123 > 2016-01-21 14:03 | Report Abuse

Buy on weakness,this counter worth to keep!!

Posted by hng33 > 2016-01-21 14:42 | Report Abuse

bought at 1.40, averaging down

Posted by red_85 > 2016-01-21 14:44 | Report Abuse

@hng33, go for KSL la..stable than this la..

Posted by skyz > 2016-01-21 15:02 | Report Abuse

just the next day after the article is released and it breached the immediate support level. Technical Buy kononnya, good try PBB. write again la

Posted by Peter123 > 2016-01-21 15:06 | Report Abuse

run

Posted by logicguyz > 2016-01-21 15:52 | Report Abuse

Hold if affordable.. currency exchange and elnino still maintain. Overall market is down and company with strong fundamental will survive. That is my bet.

Posted by ljmeng > 2016-01-21 16:00 | Report Abuse

Limpei from win 200k to earn 20k.... cb

Posted by murali > 2016-01-21 16:05 | Report Abuse

Maybe tmr -20K leh...who knows

Posted by ljmeng > 2016-01-21 16:10 | Report Abuse

Very possible

Posted by hng33 > 2016-01-21 16:18 | Report Abuse

Bought last and final at 1.37

Posted by Peter123 > 2016-01-21 16:22 | Report Abuse

Great! You are the man!

Posted by TAH > 2016-01-21 16:44 | Report Abuse

Yes U are right, listen to the market.

Posted by Peter123 > 2016-01-21 16:52 | Report Abuse

It is on downtrend mode! wait until stable then go in

Posted by TAH > 2016-01-21 16:55 | Report Abuse

Syndicates love bad news so that they can push lower to create panic selling.so that they can buy cheaper.Foreign investors liquidating daily market. So be careful,don"t overtrade.

Posted by Peter123 > 2016-01-21 16:56 | Report Abuse

Tomorrow will be black friday again i supposed!

Posted by Peter123 > 2016-01-21 17:12 | Report Abuse

Tonight Europe tumble and US crash ... tomorrow KLCI trigger circuit breaker liao! hehehehehhe

Posted by TAH > 2016-01-21 17:14 | Report Abuse

Petronas want to retrench the workers. This is a bad sign.

Posted by smallvestor > 2016-01-21 17:15 | Report Abuse

December 2015 production figures all down except palm kernel. That's why down.

Posted by Ring > 2016-01-21 18:46 | Report Abuse

Nothing to do with production figures it is due to crude oil hence selling pressure.

Posted by kai89 > 2016-01-21 20:17 | Report Abuse

another round selling will coming , predict , KLCI will find support , strong support 1523 , KLCI may pull down to 1550 , then only stop , careful

Posted by calvintanengcee > 2016-01-21 21:41 | Report Abuse

Millions thanks for your supports @ RM 1.80.

Posted by Koon Bee > 2016-01-21 21:41 | Report Abuse

Another holland call by calvin at 1.70?