AGRICOMMODITY IN THE NEWS & MEDIA 2021




MUAR (Oct 11): Malaysia’s wooden furniture exports are projected to rise to more than RM13 billion in value this year from the RM12.8 billion recorded in 2020, according to the Ministry of Plantation Industries and Commodities (MPIC).
Minister Datuk Zuraida Kamaruddin said the target is achievable since the country’s furniture industry chalked up commendable sales in the face of the Covid-19 pandemic.

SUMBER: STARBIZ, MS 3
11 OKTOBER 2021




KUALA LUMPUR (Oct 7): Glove makers have paused on share buy-backs despite stock prices nearing their lowest in a year.
As at the noon break on Thursday, Top Glove Corp Bhd's share price has fallen to RM2.75 from its 12-month peak of RM9.60 in October 2020, Hartalega Holdings Bhd's to RM5.96 from RM19.04, Supermax Corp Bhd's to RM2.29 from RM10.70 and Kossan Rubber Industries Bhd's to RM2.28 from RM8.13 in the same period.




KUALA LUMPUR (Oct 6): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its upward momentum to close at a new all-time high, in line with the lower output and weaker ringgit.
The benchmark palm oil contract for December 2021 soared RM155 to RM4,872 a tonne.
Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa told Bernama that this marked the fourth time the benchmark month hit a record high since May 12 as the palm oil market rode on the back of lower September 2021 supplies, reflected by the Malaysian Palm Oil Association (MPOA) data released at midday today.