SINGAPORE (Dec 7): OCBC is maintaining its “buy” recommendation on Wilmar International with $3.27 fair value estimate.

OCBC says the commodities firm remains a “good buying opportunity” in the event of any sell-down, with the outlook for next year likely to be similar to this year.

“No doubt that the commodities market will continue to remain volatile, and we expect WIL to also see fluctuations in its share price,” says OCBC in a note.

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