IT looks like plantation stocks are back in favour, or at least that's what investors are betting on. On Oct 7, 2005, the Kuala Lumpur Plantation Index (KLPLN) marked an eight-year high of 2871.75 points even though the three-month Forward Crude Palm Oil Futures (KO3) was trading only near the RM1,500/tonne level (see Chart 1), still way below its three-year high of around RM2,000/tonne. Most analysts say the recent strong performance of plantation stocks was probably due to optimism of rising crude palm oil (CPO) prices ahead as demand for palm oil rises on the back of a push in Europe for the usage of biodiesel, which can be made with palm oil.
...--and two major categories of petroleum--crude oil and petroleum products. For 2008, total ton-mi... in 2008--up from about 54% in 1990 (Chart 1). . Pipelines in 2008 were the largest conveyors...
ARE THERE OPPORTUNITIES IN battered oil and gas stocks? In the wake of the recent general election, which saw a massive change in the political landscape, the local equity market was sold down heavily, with sectors such as property, construction and infrastructure bearing the major brunt. Other sectors such as gaming, brewery and even the high-flying oil and gas (O&G) sector were not spared. Is this a case of irrational panic selling, especially when a sector such as O&G is seeing crude oil prices touching record highs of around US$ 110 per barrel recently (see price chart). With investors scrambling to find out values in stocks that have been bashed down indiscriminately, some analysts are sticking to their view that sectors such as O&G may stand out as survivors, given their still sol...
Consumer price inflation remains moderate even though the cyclical upturn in the Norwegian economy is in a mature phase. Underlying inflation has been fairly stable and ranged between 1% and 1 1/2% over a longer period. Growth in the Norwegian economy has been strong. High income growth and high income expectations, combined with low interest rates, have led to brisk growth in demand in the business, household and public sectors. So far, there are few signs of a slowdown in the Norwegian economy. There are prospects that the strong expansion will be sustained for a longer period than previously envisaged. The growth outlook for the world economy remains favorable. Monetary policy cannot fine-tune developments in the economy, but must counter the effects of large disturbances to the econ...
... 1% and 1 ½% over a longer period (see Chart 1.1). Consumer price inflation adjusted for tax ch... OECD oil inventories (see Chart 1).2 OECD crude oil inventories nevertheless remain well over the ...
IS Kuala Lumpur Kepong a large-cap proxy to the crude palm oil prices boom? IT'S GOOD TIMES AGAIN FOR Malaysian planters, in particular, those in oil palm cultivation, thanks to the strong uptrend in crude palm oil (CPO) prices, which are rallying up on both its own fundamentals as well as taking the cue from the global rally in commodity prices. CPO spot prices recently surged to a 26-month high on weaker US soybean output forecast at around RM3,000/MT (metric tonne), and sentiment is running high for players in the sector, given that prices have stayed above RM2,500/MT for most of this year (see chart).
Activity in the world economy remains solid. Over the past year, global growth has been the strongest recorded for several decades. High private consumption in the US and strong investment growth in China have been the main driving forces, but the recovery has broadened to many countries. However, the growth peak appears to have been passed, and there are prospects that global growth will slow. Inflation has slowed again after accelerating in the US, the euro area and the UK in the second quarter. High oil prices have still not translated into higher inflation, and underlying inflationary pressures remain moderate. On the other hand, high commodity prices have increased the uncertainty surrounding inflation in the period ahead. Expectations of an interest rate increase in the US and the...
... in the world economy remains solid (see Chart 2.1). Over the past year, global growth has been t... demand and supply of various grades of crude oil. Growth in demand for light products such as p...
Can crude palm oil prices hold? SINCE early February 2011, crude palm oil (CPO) prices have been declining fast from their peak of approximately RM3,950/tonne to approximately RM3,000/tonne currently (see price chart), sending some concerns down the industry. In tandem with that, the year-to- date (YTD) performance of most of the plantation stocks have also under-performed the benchmark index of FBMKLCI by a considerable margin (see table). Given the weaker prices, it probably is not surprising that plantation stocks have not been in favour recently, says local research house Kenanga Research.
NEW ORLEANS, March 11, 2011 /PRNewswire/ -- "President Obama's rhetoric will not bring down the price of gas, will not make us less reliant on unstable regimes and will not generate new jobs in the energy sector. The only immediate solution to the administration's self-imposed energy crisis is to lift the de facto moratorium on offshore drilling in the Gulf of Mexico," said Jim Adams, president and CEO of the Offshore Marine Service Association (OMSA). (Photo: http://photos.prnewswire.com/prnh/20110311/PH63745 )
... Information Administration), "Domestic crude oil production, which increased by 150,000 bbl/d i...Crude Oil Production Chart).". "EIA expects production from the Federal Gulf ...
... manufacturing (forklifts, excavators), Crude oil and Petroleum products processing, Refrigerati...Charts . Chart 1 Classification of Power Tools . Chart 2 ...
While some wonder how Petronas will finance its vastly increased capital expenditure targets for the next five years, analysts agree that the increased spending would be good for the whole industry PETROLIAM Nasional Bhd (Petronas)'s decision to revise its capital expenditure (capex) from about RM35 billion in financial year 2011 (FY11) to an average of RM60 billion annually for the next five years has raised some eyebrows. Many wonder how the national oil company would raise the sum given its commitment to help finance the Malaysian Government's annual budget.
...Rapid, announced last month, comprises a crude oil refinery with a 300,000 barrels- per-day capac... the benefit of higher crude oil prices (see Chart 1) and exceptional gains from the listing of subsi...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
Hawaii County Mayor Harry Kim | cabinet reshuffle bbc | Candice Wiggins | terminator | Chevys, Inc. | at transportes | celam | traspaso de vehiculos | Bromo | presidencial no 5 814
