Saturday, September 16, 2006

Plantation Sector Review
  • CPO prices have eased off following declining crude oil price. Lower crude oil prices could reduce interest in biodiesel for the energy segment
  • Total export rose by 6% mom and 11% yoy to 1.31m tonnes on strong demand from India, a traditional market for palm oil
  • Production rose 12% mom and 13% yoy on seasonally high production cycle
  • Inventory rose 7% mom and 25% yoy, as export growth couldn't catch up with production growth

Full Article : MaybanSec Research

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