0234 GMT [Dow Jones] A sharp rally in Asia crude palm oil prices on Monday, has supported oilseed futures in the U.S., says Commonwealth Bank of Australia; "Canola oil, with its higher oil content, benefited the most on the day." Key for palm oil prices Tuesday will be the release of export estimate data from both Intertek and SGS later in the session as the market will be looking to see whether export demand continues to hold up. The benchmark palm-oil contract on the Bursa Malaysia Derivatives Exchange closed up MYR84 ringgit a ton at MYR2,649 a ton. (lucy.craymer@wsj.com)
DJ Malaysia Sept. 1-20 Palm-Oil Exports 914,264 Tons -Intertek -------------------------------------------------------------------------------- By Lucy Craymer
HONG KONG--Malaysia's palm-oil exports during the Sept. 1-20 period are estimated to have fallen 11% from the previous month at 914,264 metric tons, cargo surveyor Intertek Agri Services said Tuesday.
Another surveyor, SGS (Malaysia) Bhd., is expected to issue its estimate later Tuesday.
The following are the major items in the Intertek estimate:
DJ Malaysia September 1-20 Palm Oil Exports Down 12.2% -SGS -------------------------------------------------------------------------------- Malaysia's palm oil exports during the September 1-20 period are estimated down 12.2% on month at 917,288 metric tons, cargo surveyor SGS (Malaysia) Bhd. said Tuesday.
The following are the major items in the SGS estimate:
European Union 160,055 203,995 U.S. 25,335 54,285 China 150,460 168,050 Japan 36,990 35,050 India 173,300 259,290 Korea 16,700 35,730 Pakistan 45,000 12,000 Bangladesh 29,000 32,950 Egypt 26,550 550 Turkey 57,039 7,500 South Africa 13,000 35,930
*Palm oil product volumes don't add up to total as some products aren't included
SGS Malaysia is a division of the Switzerland-based Societe Generale de Surveillance Group.
Never mind OTB get screwed after getting RM 196K from KYY.
Posted by bing > Sep 22, 2016 03:00 PM | Report Abuse he got 3 choices from otb, cscstel choobee mkh, he chosen front 2, then screw here. aiseh, very blur read their articles. dont know is it or not.
Wau! So many properties launches as if good days are back here again. Yes MKH launches Maple Phase 2 after its Phase 1 was fully sold out in Puncak Alam. Competition is good! What's more you are face to face competing with Eco World. Good response reported at Eco Grandeur launch, a 1,400 acres development adjacent to MKH Hillpark Shah Alam. http://www.theedgeproperty.com.my/content/845022/ecoworld-unveils-eco-grandeur-township-opening-new-sales-gallery
MKH has done very well with Hillpark Shah Alam North in Puncak Alam. Since its debut in 2013, about 65% of the 550 acres township has been launched. You don't see this very often in Klang Valley. With now more developers flocking into the area, it will be good for everybody as they are building up and elevate the whole areas. They can joint force to build the main access road too. MKH, Ecoworld, IJM, LBS, KLK and Glomac are already there.
As land cost is cheaper, the developers can market products that are more affordable.
I hope that MKH can get some more land in that area because there is less than 35% land left in Hillpark Shah Alam North for MKH to develop.
Property may be bad at this time but MKH is in the medium and medium upper market segment. Their products are priced affordably. At this market, there are still genuine buyers buying house for own occupations. The main thing is MKH knows how to launch products to capture the smaller pool of buyers.
It seems that the JV with PanaHome on Maple project is working well. Japanese construction techniques should bring savings hence better profit margin. MKH should capitalise further on this. Yes, getting more land in Puncak Alam should boost MKH.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Aero1
1,469 posts
Posted by Aero1 > 2016-09-19 15:35 | Report Abuse
http://jakartaglobe.beritasatu.com/business/indonesia-palm-oil-output-seen-rising-fourth-straight-month-reuters-survey/