CIMB Research retains Neutral outlook on plantations


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).

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