Singapore Stock Market News
Plantations - Ambitious biodiesel mandate
StockFanatic
Publish date: Mon, 21 Oct 2013, 10:45 AM
StockFanatic
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But we suspect that its
implementation in the non-transport
sector may not be smooth and could
face technical and logistic issues. We
are, therefore, sticking with our
conservative estimate of 2m kl usage
in 2015 though we may revisit it if
Pertamina succeeds in its tender for
biodiesel. We retain our Neutral
stance on the sector and our key picks,
First Resources, IOI, Wilmar and
AALI.
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