Palm oil

Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing

The probe comes just days after Jakarta unveiled plans to tighten control over commodity exports

Traders provide crucial coal financing to small miners, raising doubts if the Danantara system can replace them.

Indonesia plans to beat global commodity trading giants at their own game

The move faces a real uphill battle disrupting the deep trading ecosystem overnight

“The idea is to increase transparency, accountability, traceability – and of course it will have to be market friendly,”  Danantara CIO Pandu Sjahrir said.

Indonesia to ‘listen to market’ on new commodity export body, Danantara says

The policy is aimed at curbing under-invoicing, or under-declaring the value of cargoes

Danantara said that when the sovereign wealth fund has visibility on pricing, it may renegotiate prices that were set below global benchmarks.

Danantara Indonesia will honour commodity export contracts, but will review prices

A unit of the fund will become the sole exporter of palm oil, coal and ferroalloys from as early as Sep 1

The Indonesian government is planning to create a new state entity to manage exports of the commodities in order to crack down on under-invoicing.

Indonesia plans to tighten state control over commodity exports

The rupiah reached a record low against the dollar this week

The general expectation is that higher surface temperatures due to the El Nino effect this year could hurt palm oil production, which would raise prices.
HOCK LOCK SIEW

Singapore-listed palm oil stocks catch biodiesel spark

A fortuitous mix of supportive fundamentals could enable them to burnish their sustainability credentials

Singapore-listed palm oil stocks have outperformed the market so far this year.
ESG INSIGHTS

Issue 193: Singapore-listed palm oil stocks catch biodiesel spark

This week in ESG: Analysts raise forecasts for crude palm oil as Iran war continues

Indonesia's B50 mandate targets a  50-50 mix of palm oil-based fuel with diesel in all sectors from 2028.

Asean’s biodiesel push fuels palm oil rally, but will SGX-listed players gain?

Higher crude palm oil prices support upstream plantation earnings, but could be a double-edged sword for integrated operators: analysts

Despite the recent earnings drop, RHB raised its net profit forecasts for Wilmar by 5.7%, 8.4% and 7% for the financial years 2026 to 2028, respectively.
HOT STOCK

Wilmar shares fall 5.7% as hedging losses from Iran war weigh on results

Q1 profit down 22.8% at US$265 million; company cites temporary unrealised mark-to-market losses from hedging