According to RHB Research, the crude palm oil (CPO) prices and share prices of most planters have also fallen after the lifting of Indonesia’s palm oil export ban on May 23.
PETALING JAYA: Investors should consider adopting a profit-taking strategy on the plantation sector, given continued uncertainties on the impact of Indonesia’s domestic market obligation (DMO) policy and the recent change in its tax structure.
According to RHB Research, the crude palm oil (CPO) prices and share prices of most planters have also fallen after the lifting of Indonesia’s palm oil export ban on May 23.
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