Is a current UK top five hit for Starley.
Looks like , Malaysia's golden crop is going to be the next big thing on Bursa Malaysia.
This is good news for the likes of MATANG, FELDA GLOBAL and TDM Bhd.
Industry players latest forecast has the call on me factor by plantation stocks to those who are still keen to be invested on Bursa Malaysia.
Reuters has the story. Read below :
Palm oil is headed for 3,300 ringgit per tonne by March, sooner than forecast earlier, as stocks of the tropical oil remain tight. Prices will then fall nearly a quarter by June or July, said leading vegetable oils analyst Dorab Mistry on Saturday.
Benchmark palm oil prices are currently trading at their highest in more than four years as lingering dry weather effects from an El Nino weather event in 2015 are still cutting into production.
Palm oil closed 1 percent lower at 3,101 ringgit ($698) a tonne on Friday evening.
