CPO

Hoe continues to favour integrated players like Wilmar while also seeing value in players such as Bumitama Agri and Golden Agri.

RHB Group Research analyst maintains “underweight” on the plantation sector, with a "buy" call for Wilmar International

The rising costs of refining palm oil in India could see refiners in Indonesia could becoming more competitive.

SINGAPORE (Nov 1): DBS is maintaining its “buy” rating on Indofood Agri Resources and its target price of 58 cents, after the palm oil company posted core earnings of IDR130 billion ($13.8 million), which were above the brokerage’s expected IDR120 b

SINGAPORE (Oct 31): UOB Kay Hian is maintaining its “buy” on First Resources with a target price of $2 after the palm grower posted healthy quarter-on-quarter increases in Fresh Fruit Bunches (FFB) production in 3Q.

SINGAPORE (Aug 15): UOB Kay Hian and RHB are maintaining their “buy” recommendation for Golden Agri-Resources (GAR) with target prices of 42 cents and 44 cents respectively even after GAR’s 2Q results were boosted by a one-off gain.

SINGAPORE (July 25): Emerging signs of La Niña — the cool, wet weather phase that brings plenty of rain to Southeast Asia — could spell relief for oil palm planters.

SINGAPORE (July 13): Maybank Kim Eng is maintaining its “neutral” call on the plantations sector, given weak demand for crude palm oil (CPO) from major importing companies have placed a dampener on prices.

SINGAPORE (July 13): DBS Group Research has zeroed in on Wilmar International as its top plantation pick with a “buy” recommendation and a target price of $3.76.