CPO’s strong rally lifts plantation outlook

CPO’s strong rally lifts plantation outlook

The Star Online - Business·2026-04-06 08:00

PETALING JAYA: Crude palm oil prices (CPO) have surged to RM4,500 per tonne, driven by positive demand from the United States and Indonesia’s biofuel policy expansion.

This has prompted UOB Kay Hian (UOBKH) Research to upgrade the plantation sector to “overweight” from “market weight”.

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