PETALING JAYA: The plantation sector is off to a good start in 2020 as crude palm oil (CPO) continues to extend its rally from 2019 to trade above RM3,100 per tonne on strong fundamentals.
According to analysts, the bullish sentiment is expected to last till the second quarter of 2020, buoyed by supply tightness and declining stocks amidst the biodiesel mandates in Indonesia and Malaysia.
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