Singapore Stock Market News
Regional Plantations - All-time high stockpile
StockFanatic
Publish date: Tue, 13 Oct 2015, 01:28 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ Malaysia's stockpile, at a record high of 2.63m MT, will cap the near term upside of CPO price.
■ Stockpile may hit 2.7m MT by end Oct/Nov, necessitating CPO price to stay low to encourage exports.
■ The strengthening El Nino provides hope of better CPO price in 2016. NEUTRAL for now. Top BUYs are BAL, GENP, SOP. SELL AALI.
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