Top Story : Plantation – Largely affected by external developments - Neutral
Sector Update
- Malaysia’s CPO production rose in Jul by 7.0% mom, while exports rose by a smaller 1.8% mom. However, closing CPO stock levels fell again to 1.40m tonnes in Jul (from 1.45m tonnes in Jun), due mainly to higher domestic use (+24.8% mom), potentially due to the upcoming festive season.
RHB Equity 360° - 11 August 2010 (Plantation, Daibochi, Hartalega; Technical: AirAsia)
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