Hong Leong Investment Bank: Malaysia's palm oil inventories expected to remain stable in May, prices to decline after peaking in Q2
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Hong Leong Investment Bank analyst Chye Wen Fei stated that Malaysia's palm oil inventory levels in May are expected to remain stable, as a potential rebound in exports may be offset by continued seasonally high production.
- She expects crude palm oil prices to remain at a high level of 4,500 to 4,600 ringgit per ton in the second quarter, before declining from the third quarter onwards.
- Chye maintains an "overweight" rating on Malaysia's plantation sector, supported by the strong recent performance of crude palm oil prices driven by high crude oil prices.
- However, she warns that the current upward cycle could peak earlier than expected, and should the supply of other vegetable oils increase and become more competitive, this commodity will face mid-term risks.
- Hong Leong Investment Bank prefers pure upstream planters who have already locked in fertilizer costs for this year, naming Johor Plantations and SD Guthrie as top picks.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Lightning Network Support Added to x402 Agentic Payments Protocol
Coinspaidmedia•2026/09/29 10:48
Tesla (TSLA.US) expands FSD to another European country: Croatia approved, EU-wide vote postponed until at least December
Tesla FSD has been approved in Croatia.
智通财经•2026/09/29 10:46

Crypto prices
MoreBitcoin
BTC
$84,035.26
+1.32%
Ethereum
ETH
$2,711.47
+2.05%
Tether USDt
USDT
$0.9996
+0.01%
BNB
BNB
$763.38
+0.22%
XRP
XRP
$1.51
+1.04%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$119.41
+0.70%
TRON
TRX
$0.3353
+0.33%
Zcash
ZEC
$1,420.16
-8.91%
Hyperliquid
HYPE
$88.27
-1.72%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
