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LAM SOON Edible Oils Sdn Bhd, a subsidiary of Lam Soon (M) Bhd, expects up to 10% higher sales of its cooking oil this year from RM150mil last year, amid an upturn in the cooking oil market.
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.
KLSE main board candidate, BLD Plantation Bhd (BLDP), expects its future earnings to be well supported by the firm crude palm oil (CPO) prices and its high CPO oil extraction rate (OER) of 22.7%, exceeding the industry's average of 21%, its financial controller, Seng Cheak Chai said.