KUALA LUMPUR: Hong Leong Investment Bank Bhd (HLIB) has maintained its 'overweight' rating for the plantation sector with the crude palm oil (CPO) price expected at up to RM5,500 per tonne until 2024.
In a note, the investment bank said following the recent second quarter of 2022 (Q2 2022) results, six out of eight planters had released results that met its expectation.
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