PETALING JAYA: PPB Group Bhd
is expected to witness normalisation of the crushing margins within its grains and agribusiness segment, driven by the downtrend in raw material prices.
MIDF Research pointed towards the ongoing consolidation in wheat prices, noting that the commodity had declined to an average of US$363.8 per tonne in the second quarter of 2023 (2Q23).
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
