Plantations - Sabah production surprise | I3investor

Blogs Headlines

Singapore Stock Market News

Plantations - Sabah production surprise

StockFanatic

Publish date: Tue, 11 Dec 2012, 11:29 AM

Malaysia's palm oil stocks rose 2.3% in Nov to a new record high of 2.56m tonnes, marginally below consensus numbers but above ours because of a 6% mom surge in Sabah output to a new high for the year. We believe the higher stockpile has been captured in the current price.

We expect CPO price to regain some strength in the coming months as palm oil stocks ease. However, the near-term upside will be capped somewhat until stocks fall to around 2m tonnes. We maintain our CPO price forecasts and our Neutral call on the regional plantation sector. We continue to prefer Singapore planters such as Wilmar, Golden Agri and Indofood Agri.

Wilmar Intl (F34)Golden Agri-Res (E5H)Indofood Agri (5JS)

Related Stocks

Market Buzz

2024-09-23

More articles on Singapore Stock Market News

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Discussions

Be the first to like this. Showing 0 of 0 comments

Post a Comment

Featured Posts

MQ Chat

New Update. Discover investment communities that resonate with your ideas

VCPlus

Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!

Latest Videos

M & A Value Partners IPO Equity Fund

0:43

M & A Value Partners IPO Equity Fund

MQ Trader 6348 views | 2 mo ago

MQ Market Updates - 20 September 2024

0:15

MQ Market Updates - 20 September 2024

MQ Trader 197 views | 2 d ago

MQ Market Updates - 19 September 2024

0:16

MQ Market Updates - 19 September 2024

MQ Trader 245 views | 3 d ago

MQ Market Updates - 18 September 2024

0:15

MQ Market Updates - 18 September 2024

MQ Trader 304 views | 4 d ago

MQ Market Updates - 17 September 2024

0:16

MQ Market Updates - 17 September 2024

MQ Trader 431 views | 5 d ago

Apps

Send individual or group chats with anyone on i3investor

Earn MQ Points while trading with MQ Trader

MQ Affiliate

Earn side income from Affiliate Program

Online learning and teaching marketplace

Top Articles

1

CEO Morning Brief

Singapore Swap Rates Set to Narrow Gap With US as MAS Shift Seen

2

CEO Morning Brief

Grand Venture Technology - Recovery on the Cards

3

RHB Investment Research Reports

APAC Realty - Turnaround in Sight; Upgrade to BUY

4

RHB Investment Research Reports

Banks - and So It Begins…

5

Collin Seow Remisier Blog

Intuit: Aiming for the Sky and Flying High

Hot Stocks Today >

1

1000

2

DBS Group Holdings Ltd

431

3

Oversea-Chinese Banking Corporation Ltd

335

4

United Overseas Bank Ltd

289

5

Singapore Telecommunications Ltd

285

6

Singapore Airlines Ltd

238

7

Mapletree Ind Tr

Mapletree Industrial Trust

238

8

CapLand IntCom T

238

9

CapLand Ascendas REIT

Ascendas Real Estate Investment Trust

237

10

Mapletree PanAsia Com Tr

Mapletree Pan Asia Commercial Trust

214

Daily Stocks

0.008

0.00

61,524,800

HSI 19200MBeCW241030

0.049

-0.002

59,917,000

Mermaid Maritime

0.158

+0.018

31,650,200

3.33

-0.07

30,264,876

Mapletree Log Tr

1.43

-0.01

29,163,500

0.525

0.00

25,756,200

HSTECH 5xLongSG241218

0.057

+0.004

24,000,000

Seatrium Ltd

1.72

-0.02

22,816,200

0.101

+0.012

22,417,700

HSI 18400MBeCW241030

0.087

-0.002

21,717,700

More active Stocks

313.00

+1.01

2,114

241.72

+0.52

11,618

39.46

+0.46

5,102,000

DBS 5xLongUB250530

7.02

+0.329

12,600

33.25

+0.31

3,424,500

DBS 5xLongSG250716

4.35

+0.25

2,000

XT MSINDO US$

17.50

+0.24

30

DBS 5xLongSG250226

2.75

+0.229

12,500

PRINCIPAL ASEAN40 US$

9.70

+0.21

1,000

Xiaomi 5xLongSG241126

1.51

+0.199

114,900

More gainer Stocks

SPDR S&P500 US$

569.25

-2.55

336

XT SingGovBond SG$

154.45

-0.82

566

Meituan 5xLongUB251128

4.75

-0.566

148,500

NIO Inc. USD OV

5.13

-0.27

280,640

Meituan 5xLongSG251216

3.36

-0.127

100

Singtel 5xLongSG251113

1.05

-0.119

6,000

Meituan 5xLongSG250924

1.45

-0.088

2,700

3.33

-0.07

30,264,876

Singtel 5xLongUB250630

0.92

-0.069

591,800

ParkwayLife Reit

4.03

-0.06

605,700

More loser Stocks

Featured Advertisers / Partners

Top Brokers >

1

CGS-CIMB Securities

2

Citibank Brokerage

3

DBS Vickers

4

iFAST Financial Pte Ltd (FSMone)

5

KGI Securities

Books Review >

Ride The Bull Short The Bear

CS Tan

4.9 / 5.0

This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....