Poultry stocks to gain from lower feedstock prices?


Inter-Pacific Research Sdn Bhd analyst David Lai said that the ringgit

PETALING JAYA: The decrease in corn and soybean prices due to a bumper harvest in the United States, coupled with the slight appreciation of the ringgit against the greenback, will result in cost-saving for the local poultry players.

However, analysts said that it would take some time to be reflected, taking shipment period into account.

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