Prices of crude palm oil (CPO) have corrected 28% since Indonesia announced the lifting of the export ban, offering the plantation sector some relief from further price deterioration, says UOB Kay Hian Research.Indonesia’s palm oil industry has “clearly not benefited” from the high CPO prices ...

The poor performance of commodity traders on Singapore Exchange (SGX) has baffled investors. Corn and wheat are at the highest levels since 2012. The Bloomberg Commodity Index is up 24% year-to-date. Western commodity traders such as Glencore, Bunge and Archer-Daniels-Midland are soaring.But, Olam G...

RHB Group Research analyst Hoe Lee Leng has maintained "neutral" on the plantation sector given the continued uncertainty of the export policy in Indonesia.In her June 9 report, Hoe keeps "buy” on winners of the change in Indonesia’s palm oil export tax structure, which includes Bumitama Agri an...

In late May, an unusual event happened right in our neighbourhood. William Li’s Nio Inc, a China-based electric vehicle maker already primary-listed in New York and secondary-listed in Hong Kong, added Singapore to its list of capital raising and trading venues.Aside from the exciting EVs that gra...

From US-listed commodity traders to Thai poultry producers, equity analysts are lining up their bets on who will come off better -- or worse -- from the wave of food protectionism that’s sweeping across the globe.Export curbs unleashed by Asian countries in recent days are causing a ripple far and...

Sugar is captured under two segments in Wilmar’s earnings — the feed and industrial product segment, which comprises the sugar trading business; and the palm oil and sugar milling segment, which represents 1.7% of its revenue. As Wilmar mostly sells sugar domestically, it should not be significa...

Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia.In the past three months, at least six Asia-related sp...

RHB Group Research analyst Shekhar Jaiswal reiterates a barbell portfolio strategy recommendation with a mix of growth and defensive Singapore equities for 2QFY2022 amid the country’s reopening of international borders and the domestic economy.Although the reopening as well as the government’s a...

Analysts are positive about Wilmar International after the agribusiness giant reported earnings and revenue growth for the 1QFY2022 ended March. While the bottom line was partly lifted by one-off gains and there is also the spectre of higher material costs and slower demand, the company is guiding f...

Analysts are positive on Wilmar International after the agribusiness giant reported earnings and revenue growth for the 1QFY2022 ended March.On April 29, Wilmar International posted net profit of US$530.3 million ($737.6 million) for the quarter, up 17.8% y-o-y.Core net profit grew by 18.8% y-o-y to...