UOB Kay Hian Research’s Leow Huey Chuen and Jacquelyn Yow are of the view that investors should maintain “market weight” on the plantation sector. 

In a June 17 report, they base it on views from Dorab Mistry from Godrej International, who shared his outlook on vegetable oil prices

The analysts note that there were “three ‘B-factors’ supporting soybean oil (SBO) prices - Biden, biodiesel and biofuels.”

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