SINGAPORE (Nov 12): Wilmar International remains DBS Vickers’ top pick in the plantation sector with a $ 3.70 target price.

The research house says CPO's near-term stable price environment and the ramp-up of Indonesia’s blending mandate should benefit Wilmar the most.

In a Wednesday note, analyst Ben Santoso says a prospective drop in palm oil output from both seasonal and weather drivers is expected to lend support to palm oil prices.

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