Durian

War in Ukraine Pushes Food Prices to Record High: FAO

The surge in food prices accelerated after the Russian invasion of Ukraine in late February. Russia and Ukraine are major exporters of wheat and corn. Global food prices have hit record levels in the wake of the Ukraine war, the latest data from the Food and Agriculture Organization shows, raising concerns over food security and the conflict's impact on vulnerable populations across the world. The U.N.'s food price index rose to 159.3 in March, up 17.9 points, or 13%, from February and jumped 34% from a year ago. The index measures the monthly change in international prices for a basket of [...]

Malaysian international Chamber of Commerce and Industry

The Plantations International group of companies is very pleased to announce that its Malaysian subsidiary United Tropical Fruit Sdn. Bhd has been inducted into the Malaysian International Chamber of Commerce and Industry (MICCI). The MICCI was founded in 1837 and engages with state and federal governments to continue to ensure the development and implementation of robust regulatory frameworks, which are conducive to healthy, ethical, and transparent business environments for Malaysia’s leading businesses. United Tropical Fruit Sdn. Bhd currently has Malaysia's first and only commercial-scale Organic Musang King Durian plantation which is located on a 100-acre site in the Malaysian State of [...]

Plantations International Joins United Nations Global Compact

The Plantations International Group of Companies is very pleased to announce that is been accepted into the prestigious United Nations Global Compact. Plantations International pledges to support the Ten Principles of the United Nations Global Compact on human rights, labour, environment, and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our group, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Plantations International has [...]

Plantations International Malaysia Receives USD 440,114,454 Revenue Valuation

United Tropical Fruit Sdn. Bhd. in Malaysia, an owned subsidiary of the Plantations International Group of companies is very pleased to announce that it has received a USD 440,114,454 projected revenue valuation for its Organic Musang King Durian Plantation from a leading International accounting and auditing firm. United Tropical Fruit's Organic Musang King Durian Plantation consists of 4,500 trees and is located on a 100-acre site in the Malaysian state of Pahang and has been secured by United Tropical Fruit on a 60-year leasehold basis. Mr. Gareth Cookson, the director of operations for Plantations International in ASEAN said "We are the [...]

Plantations International Thailand Receives USD 270,892,231 Revenue Valuation

Plantations International Co. Limited in Thailand a member of the Plantations International Agroforestry Group of companies is very pleased to announce that it has received a USD 270,892,231 projected revenue valuation. The valuation drills down into Plantations International’s two core agroforestry products in Thailand which are Mango and Agarwood trees. Plantations International's projected revenue value for these two products are: Agarwood Plantations: USD 158,678,364 Mango Plantations: USD 112,213,867 The report also takes into account the present value (PV) range of its Thailand plantation assets as of September 30, 2021 giving a present value range of  USD 29.4mn to USD 33.6mn and [...]

Thailand’s Durian Exports to China up 14% on the Year

It is currently the durian season in Thailand. Chanthaburi, a producer in eastern Thailand, set the record of receiving orders for 20 tons (approximately 10,000) of fresh durians from Chinese buyers in one day. The product will be transported to the Port of Shenzhen by chartered flights and distributed to all parts of China within 1 to 2 days. Industry insiders said ripe durians taste the best when consumed within 3 days after being harvested. Alongkorn, consultant to the Minister of Agriculture of Thailand, said Thai durian fruit export companies have increased their quality control this year, following stricter regulations on [...]

China’s 2020 Fruit Imports Surpass $10 Billion – Durian Leading the Way

According to a report from the fruit branch of the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products, China’s customs statistics indicate that the value of fruit imports exceeded $10 billion for the first time in 2020, reaching a total value of $10.26 billion — an 8% increase over the previous year. In contrast, the total fruit import volume declined by 8%, reaching 6.302 million tons. The decrease in import volume was largely attributable to the coronavirus pandemic and its impact on global supply chains. The top nine fruits in order of import value [...]