CPO production decline to boost price in near-term


KUALA LUMPUR: The shuttering of plantation operations in six Sabah districts will likely drag on April CPO inventory level and provide support to prices in the near-term, says PublicInvest research.

"It is still early to make any earnings adjustment from the plantation ban but we believe the impact of a decline in production may be mitigated by higher CPO price," it said in a Monday note.

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