Palm Oil News
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PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 3,000 metric tons of 5,250 tons that it offered at an auction in Jakarta.
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Shares of the following companies may have unusual moves in Indonesian trading. Stock symbols are in parentheses, and share prices are as of the previous close.
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Cooking-oil imports by India, the biggest palm oil buyer, will climb as much as 12 percent to a record after dry weather and excessive rain curbed oilseed crops, according to GG Patel & Nikhil Research Co.
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PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold the entire 4,000 metric tons of the commodity that it offered at an auction in Jakarta.
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Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and prices are as of the close in Jakarta.
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PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 2,000 metric tons of the 3,500 tons that it offered at an auction in Jakarta.
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PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for 2,000 tons of 6,000 tons of palm oil it offered at an auction in Jakarta.
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The Standard & Poor’s GSCI gauge of 24 commodities rose 0.4 percent to 706.32 at 4:45 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials rose 0.4 percent to 1,657.379.
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Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
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Genting Bhd., which controls Asia’s second-biggest gaming company by market value, said fourth- quarter profit jumped 66 percent, with maiden revenue contributions from its New York City casino.
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