PETALING JAYA: Hong Leong Investment Bank Research (HLIB Research) has upgraded its call on the plantation sector to “overweight” from “neutral”, projecting crude palm oil (CPO) prices will likely sustain into the near-to-medium term, possibly until the first quarter of financial year 2026 (1Q26).
The research house raised its CPO price assumptions by RM100 per tonne to RM4,300 in 2025 and RM150 per tonne to RM4,200 in 2026, citing stronger-than-expected year-to-date performance and continued tightness in palm oil supply.
