KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral sector rating for the plantations sector and continues to prefer planters that offer strong output growth prospects to offset weaker prices.
It said on Wednesday CPO prices have fallen by 2% in the past month to RM2,136 per tonne due to the weaker demand for crude palm oil (CPO).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!