皇冠体育(www.huangguan.us)寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

免费专家足球贴士_Crude palm oil price likely to remain elevated

admin2022-07-066

免费专家足球贴士www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

From a technical point of view, MIDF Research said the CPO price rally seems to be waning in a correction mode, reflecting the weak price to date of RM4,766 per tonne.“However, we believe there are signs that this soft pace is short-lived, and the price will stay elevated in the second-half of 2022.Crude palm oil price likely to remain elevated."

PETALING JAYA: The current contraction in the price of crude palm oil (CPO) is justifiable, given that it grew too fast compared with the previous year and seemingly has peaked as the market assesses the impact of the Russian-Ukraine war and inflation.

From a technical point of view, MIDF Research said the CPO price rally seems to be waning in a correction mode, reflecting the weak price to date of RM4,766 per tonne.

“However, we believe there are signs that this soft pace is short-lived, and the price will stay elevated in the second-half of 2022.

“(CPO) prices will be supported by higher price of edibles oil on the back of supply concerns.

“This comes amid the Russia–Ukraine war, a subdued production outlook for soybean in 2022-2023 due to the return of La-Nina for the third-year in a row in South America and compounded by a lower planted area in the United States and improved demand outlook in line with the recovery in economic activities,” MIDF Research said in its report.

,

皇冠APPwww.hg108.vip)是一个开放皇冠即时比分、皇冠官网注册的平台。皇冠APP(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

MIDF Research also maintained a positive stance on the plantation sector, with an unchanged CPO price forecast at RM5,500 per tonne for 2022.

However, the key risks to CPO prices include new variants resulting in another lockdown worldwide, higher-than-expected soybean and soybean oil stockpiles and supply as well as policy changes in importing countries.

The research house’s top picks for the sector are Kuala Lumpur Kepong Bhd with a target price (TP) of RM31.50 and TSH Resources Bhd (TP RM1.90).

Valuation wise, MIDF Research pointed out that Bursa’s KL Plantation Index is currently trading at price-to-earnings ratio of 25.4 times, which nearly four years average an historical mean of 25.8 times.


转载说明:本文转载自Sunbet。

网友评论