Golden Agri

Golden Agri: OCBC note that Golden Agri may see long-term benefits from major palm oil trader Cargill's plan to achieve 100% sustainable palm oil output by 2015. House don't think at the moment they're at fully sustainable certification yet, but it should be achieved by 2015. Add that near-term, it will still be the (CPO) price that is driving the shares. The UK government and industry has also committed to ensuring CPO used in food and consumer products is sustainable by 2015. CPO futures declined Tue amid concerns about rising inventories; the benchmark January contract at Bursa Msia Derivatives ended 1.8% lower at MYR2,501/ton.