SINGAPORE (Jan 29): While upstream palm oil players are most affected by the volatility in crude palm oil (CPO) prices, CGS-CIMB Research reckons that the recent correction presents an opportunity to accumulate these stocks.

In particular, the brokerage favours Wilmar International and First Resources, which are down year-to-date, but are trading higher today.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook