Analyst: Malaysian palm oil exports may strengthen in March.
Fong Long Investment Bank analyst Chye Wen Fei stated in a report that pre-Ramadan replenishment activities and the increasing price discount of palm oil compared to soybean oil may drive strong palm oil exports in Malaysia in March. She mentioned, however, that the positive impact of these factors may be offset by the expected seasonal rebound in palm oil production. Chye maintains her estimate of an average price of 4,200 ringgit per ton for crude palm oil in 2026. Fong Long maintains its overweight rating on the Malaysian plantation sector and lists SD Guthrie and Hap Seng Plantations as preferred stocks.
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