飞机群(www.telegram8.vip)是一个Telegram群组分享平台,飞机群内容包括Telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

首页社会正文

欧博APP_Crude palm oil price likely to remain elevated

admin2022-07-0621

欧博APPwww.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.

,

新2网址最新登录www.99cx.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

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