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Plantations ‘overweight’ as crude palm oil prices surge to 2-year high

Broker's Calls

Plantations ‘overweight’ as crude palm oil prices surge to 2-year high

Jude Chan Published on Thu, Dec 08, 2016 / 4:57 PM GMT+8

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SINGAPORE (Dec 8): UOB Kay Hian is keeping its “overweight” rating on Singapore-listed plantation companies on the back of higher crude palm oil (CPO) prices, which surged to a 2-year high of US$748 per tonne on Monday.

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