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LISTED plantation companies are likely to bear the brunt of the recent ringgit de-peg.
POOR weather conditions in major oilseed producing countries spells good news for the crude palm oil (CPO) price outlook with commodity analysts projecting an average of between RM1,400 and RM1,500 per tonne this year, and RM1,600 per tonne next year.
PPB Oil Palms' business plans are coming along just fine, says its managing director Khoo Eng Min. Many of its plans are immediate- to short-term. The group's venture into central Kalimantan is aimed at improving its position as a lower-cost producer in the longer term.