KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral sector rating for the oil palm plantations and preference for planters that offer strong output growth prospects.
It said on Thursday a survey of 20 Malaysian planters conducted by the CIMB futures team revealed that crude palm oil (CPO) production remains strong in August due to favourable weather, spillover of harvesting from July and more working days in August.
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