Potential in fundamentally sound plantation counters


UOBKH Research thus expects CPO price to trade sideways in the second quarter of this year and edge higher in the second half.

KUALA LUMPUR: There may still be opportunities to accumulate fundamentally sound plantation counters that have benefited from the high crude palm oil (CPO) prices in the past one year, says UOB Kay Hian (UOBKH) Research.

A potential CPO shortage in the market may also materialise because industry statistics indicate production yields have continued to decline, it added.

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