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Mango Prices in the U.S. Hit Unprecedented Levels

The U.S. relies on mango imports primarily from South America during the winter months. Mango production in Peru and Ecuador has been significantly impacted by the El Niño phenomenon, which led to elevated temperatures during the critical flowering stage and thereby exerted a detrimental effect on overall yields. A compounding factor exacerbating the challenges faced by the Peruvian mango industry is the decline in production within the Áncash region which has caused significant economic losses within the sector, as reported by the Service for Comprehensive Rural Development (Sedir). Furthermore, the escalation in cultivation input costs, soaring by 200%, has added an [...]

Plantations International Receives PEFC Certification

Plantations International Thailand is very proud to announce that its mango plantation in Thailand has received the prestigious PEFC (Programme for the Endorsement of Forest Certification) certification. This landmark achievement marks the first time a mango plantation in Asia has been recognized for its commitment to sustainable forest management practices. The PEFC certification is a globally recognized symbol of sustainable forest management, ensuring that forests are managed in line with challenging environmental, social, and economic requirements. This certification reflects Plantations International Thailand's commitment to environmental stewardship, social responsibility, and economic viability. By adhering to the stringent standards set by PEFC, Plantations [...]

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 [...]

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 [...]

February 2021 News Update

Welcome to our February 2021 Plantations International update. In this issue... We have some very exciting news! New Representative Office in Ho Chi Minh City, Vietnam New Plantation Management Company in Malaysia Mango Plantation in Thailand on Schedule Clients Harvests Proceeds Can Now be Paid Directly into a Visa Debit Card New Tahitian Vanilla bean grow-house in Cambodia New Representative Office in Ho Chi Minh City, Vietnam ~ Plantations International is very pleased to announce the opening of a representative office in Ho Chi Minh City, Vietnam. The new representative office trades under the name of Royal Plantations Co. Limited and [...]

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