No near-term catalysts seen for plantation sector


THE plantation sector does not appear too compelling at the moment as there are no significant catalysts in sight.

Analysts who track the sector are mostly maintaining their “neutral” calls on it as many reckon that crude palm oil (CPO) – one of the industry’s main outlook determinants – is not expected to see any rally soon.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CPO , palm oil , plantation , wage bill , La Nina , KLK , IOI

   

Next In Business News

Malton’s net profit surges 73%
Sarawak Oil Palms net profit up 30% in 3Q24
Strong ops performance lifts Axiata’s net profit
Philippines back to fiscal surplus in October
Singapore companies’ debt levels low
Direct Line rejects US$4.2bil takeover offer
TNB 3Q24 net profit soars 85% year-on-year
Capital A records net profit of RM1.64bil for 3Q24
FGV continues to improve palm oil productivity
Dnex actively pursuing more producing assets

Others Also Read