A number of palm oil plantation firms have been increasing plantings to take advantage of a rebound in palm oil prices since late last year.
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Monday, March 8, 2010
Breaking News-RTRS-INTERVIEW-IndoAgri to double new oil palm planting in 2010
JAKARTA, March 5 (Reuters) - Singapore-listed Indofood Agri Resources Ltd (IndoAgri) expects to more than double its new oil palm plantings in 2010, as part of $200 million of capital spending slated for this year, its chief executive said on Friday.
A number of palm oil plantation firms have been increasing plantings to take advantage of a rebound in palm oil prices since late last year.
A number of palm oil plantation firms have been increasing plantings to take advantage of a rebound in palm oil prices since late last year.