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Home / Capital / Brokers Calls

Analysts: Downstream palm oil operators to benefit from Indonesia’s additional B30 funding

Broker's Calls

Analysts: Downstream palm oil operators to benefit from Indonesia’s additional B30 funding

Ng Qi Siang Published on Tue, May 19, 2020 / 1:53 PM GMT+8

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SINGAPORE (May 19): Following the recent announcement of renewed government funding for Indonesia’s B30 Biodiesel programme, CGS-CIMB analysts Ivy Ng and Nagulan Ravi have maintained their “neutral” call on upstream planters despite a positive outlook for downstream players due to a widening export levy between crude (CPO) and processed palm oil (PPO).

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