皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

欧博开户_Crude palm oil price likely to remain elevated

admin2022-07-2713

欧博开户www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

From a technical point of view, MIDF Research said the CPO price rally seems to be waning in a correction mode, reflecting the weak price to date of RM4,766 per tonne.“However, we believe there are signs that this soft pace is short-lived, and the price will stay elevated in the second-half of 2022.Crude palm oil price likely to remain elevated."

PETALING JAYA: The current contraction in the price of crude palm oil (CPO) is justifiable, given that it grew too fast compared with the previous year and seemingly has peaked as the market assesses the impact of the Russian-Ukraine war and inflation.

From a technical point of view, MIDF Research said the CPO price rally seems to be waning in a correction mode, reflecting the weak price to date of RM4,766 per tonne.

“However, we believe there are signs that this soft pace is short-lived, and the price will stay elevated in the second-half of 2022.

“(CPO) prices will be supported by higher price of edibles oil on the back of supply concerns.

“This comes amid the Russia–Ukraine war, a subdued production outlook for soybean in 2022-2023 due to the return of La-Nina for the third-year in a row in South America and compounded by a lower planted area in the United States and improved demand outlook in line with the recovery in economic activities,” MIDF Research said in its report.

,

线上博彩网址www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。线上博彩网址上线上博彩网址会员登录线路、线上博彩网址代理网址更新最快。线上博彩网址开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

MIDF Research also maintained a positive stance on the plantation sector, with an unchanged CPO price forecast at RM5,500 per tonne for 2022.

However, the key risks to CPO prices include new variants resulting in another lockdown worldwide, higher-than-expected soybean and soybean oil stockpiles and supply as well as policy changes in importing countries.

The research house’s top picks for the sector are Kuala Lumpur Kepong Bhd with a target price (TP) of RM31.50 and TSH Resources Bhd (TP RM1.90).

Valuation wise, MIDF Research pointed out that Bursa’s KL Plantation Index is currently trading at price-to-earnings ratio of 25.4 times, which nearly four years average an historical mean of 25.8 times.


转载说明:本文转载自Sunbet。

网友评论

1条评论
  • 2022-07-27 00:05:25

    今年第一只十倍股南网能源的背后站着另一家“股神”,智光电气(002169,股吧)中报净利预增超28倍,并示意南网能源公允价值更改对其带来伟大影响,其位列南网能源第六大股东。棒棒的,期待下一个