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crude palm oil (CPO) prices
Broker's Calls
RHB is turning cautious on CPO prices, but keeps optimism on Wilmar
According to RHB, the main factor to watch out for is the weather.
January 11, 2021
Broker's Calls
Agribusiness positive on crude palm oil prices for now, rally to ease in 1H21: analysts
CPO price rose to a new year-to-date high of RM3,185 per tonne on Oct 27, on concerns of lower-than-expected palm oil supply.
November 03, 2020
Broker's Calls
CPO prices could decline in 4Q on weaker demand: RHB
Crude palm oil (CPO) prices could decline in 4Q on the back of slightly higher inventory levels, warns RHB Securities.
October 13, 2020
Broker's Calls
Bumitama's stellar 1H20 results keep analysts bullish
RHB Securities, Maybank Kim Eng and DBS Group Research have maintained their “buy” recommendations on the stock.
August 18, 2020
Broker's Calls
Malaysia’s zero export duty tax bodes well for First Resources, Golden Agri; but not Bumitama: RHB
The reduction of Malaysia’s export duty on crude palm oil (CPO) to zero in June from 4.5% in May has a contrasting impact on several Singapore-listed and Indonesia-based palm oil companies.
June 26, 2020
Broker's Calls
Maybank KE keeps 2020 CPO price forecast at RM2,300 per metric tonne
Maybank Kim Eng has maintained its average crude palm oil (CPO) price forecast for 2020 at RM2,300 per metric tonne.
June 24, 2020
Broker's Calls
Analysts bearish on Golden Agri after 1Q loss on weak downstream performance
SINGAPORE (May 15): Golden Agri-Resources’s poor 1Q FY20 results have prompted analysts to be bearish on the palm oil player.
May 15, 2020
Broker's Calls
Bumitama Agri's positive 1Q results beat analyst expectations
SINGAPORE (May 13): Stronger crude palm oil (CPO) prices and lower unit costs have enabled Bumitama Agri’s 1Q FY20 results to exceed analyst expectations.
May 13, 2020
Broker's Calls
3 plantation stocks that will surmount the Covid-19 outbreak: DBS
Although cheap prices might be enough to lure investors in, Simadiputra advises investors to focus on quality stocks with solid fundamentals such as Bumitama Agri, Wilmar or First Resources.
April 13, 2020