First Resources Chooses JustCommodity's ContraXcentral™ Solution to Manage Trading Operations

Feb. 28, 2011 - PRLog -- JustCommodity Software Solutions, the leading solution provider of Commodity Trading and Risk Management software solutions, announced today that Singapore listed First Resources Ltd (SGX: EB5), has selected ContraXcentral™ to manage its trading and risk operations.

First Resources is one of the fastest-growing crude palm oil producers. Established in 1992, it has grown its plantation under management at a rapid rate to over 116,000 hectares. The Group’s key activities are cultivating oil palms, harvesting the fruits and processing them into crude palm oil and palm kernel for sale to the local and export markets. The Group’s expertise in plantation management and its emphasis on cost efficiencies has enabled First Resources to achieve yields and margins that rank among the highest in the industry.

JustCommodity continues to surge ahead as a market leader for commodity trading and risk management (CTRM) solutions in Asia with over 25 satisfied customers globally. First Resources joins the ranks of JustCommodity’s growing list of public listed clients such as Sime Darby, IOI Corporation and KL Kepong.

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Just Commodity is the leading Commodity Trading and Risk Management (CTRM) solution provider in Asia, offering the best in technology and industry practices to the Edible Oils, Rubber, Metals, Other Softs and Energy industries.