Affin Hwang Capital Research Highlights

HwangDBS Research Highlights - 6 Mar 2014

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Publish date: Thu, 06 Mar 2014, 09:51 AM
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This blog publishes research highlights from Affin Hwang Capital Research.

Plantation Companies
Dryness without El Nino

Speakers at 2014 Palm Oil Conference are cautiously bullish due to weather and biodiesel demand. Factors to watch: weather anomalies, soybean logistic issues/crop damage, hoarding by Argentine farmers, and crude oil price volatility. Price strength may continue as seasonally higher 2H14 output is at risk; FY14-16F CPO prices under review. Risks: Slowdown in China, QE tapering, currency volatility, US shale gas. 

Source: HwangDBS Research - 6 Mar 2014

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