Plantation players to ride on strong CPO prices

BIMB Securities, in its latest sector update, said the higher CPO price forecast would amplify the revenue and earnings growth momentum for plantation companies for the rest of 2021.

PETALING JAYA: The earnings prospects of listed planters for the second half of this year will remain intact as the price of crude palm oil (CPO) is expected to trade above RM3, 000 per tonne.

CPO is currently trading between RM3, 600 and RM3, 640 per tonne.

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

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!

Palm oil , futures , price , plantations , earnings , CPO ,


Next In Business News

Oil settles up on Mideast tensions, posts weekly loss
Will EVs take off in Malaysia?
MAS keeps currency policy unchanged to fight elevated inflation
Adnoc decides BP is not the ‘right fit’
Vietnam VinFast’s challenges pose risk to Vingroup
Right time to tap into alternative investments
Singapore economy expands 2.7% in 1Q
Unlocking success
Traders bet ECB will chart own rate-cut path
Nextgreen IOI Pulp in production facility deal

Others Also Read