Bernama, quoting the Malaysian Palm Oil Board (MPOB), reported that local CPO stocks rose 9.76% to 640,781 tonnes in January 2021 from 583,811 tonnes in December 2020.
PETALING JAYA: Premised on expectations that crude palm oil (CPO) prices will decline, one research house is advocating building positions in integrated plantation players such as Kuala Lumpur Kepong Bhd
(KLK) and IOI Corp Bhd.(pic)
Such players have better earnings stability as their downstream segments neutralise volatility in commodity prices and production, Kenanga Research said in a report to clients yesterday.
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