Singapore Plantation Stocks – UOB Kay Hian 2022-06-23: What Goes Up Must Come Down

Singapore Plantation Stocks - UOB Kay Hian Research | SGinvestors.io
WILMAR INTERNATIONAL LIMITED (SGX:F34) FIRST RESOURCES LIMITED (SGX:EB5) BUMITAMA AGRI LTD. (SGX:P8Z)

Singapore Plantation Stocks – What Goes Up Must Come Down

  • CPO prices have corrected 28% since Indonesia announced the lifting of the export ban. After this CPO price correction, we are seeing some positives emerge to prevent further price deterioration:
    1. it is commercially viable to increase biodiesel mandate or non-mandatory biodiesel blending, and
    2. demand recovery is in sight in India and China.
  • But Indonesia’s palm oil industry has clearly not benefitted from the high CPO prices over the last six months.

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Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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