Research & Stock Picks

Company Reports

24 January 2025

By

Palm Oil Weekly (17 – 23 January 2025): Avg. CPO MYR 4,470 (-1.9% WoW)

  • In the last five trading days, CPO prices decreased -1.9% WoW, averaging MYR 4,470/MT, largely influenced by Trump’s national energy emergency declaration.
  • Shortly after his inauguration, US President Donald Trump announced the need for more O&G drilling, creating concerns regarding global oversupply of oil and its potential impact on biofuel demand. Furthermore, Trump’s nominee for overseeing American farming, Brooke Rollins, previously led an opposition group on biofuel, adding to market apprehension.
  • Despite this, CPO prices could see temporary boost thanks to increased demand ahead of Ramadan and Lebaran in March-April.
  • For FY25, we set our forecast at MYR 4,500/MT (YTD: MYR 4,505/MT), up 7.2% YoY, on the back of B40 program and CPO’s defensive nature. Stock-wise, NSSS (TP: IDR 350/sh) and TAPG (TP: IDR 1,050/sh) are our top picks due to their young plantation profiles (<10 years), allowing for higher crop and extraction yields.

Share This:

harga cpo naik

Download PDF

Download PDF

CPO - 17 - 23 January 2025

Download PDF

CPO - 17 - 23 January 2025

More Related

Technical Stock Analysis

Mar 14, 2025

Morning Briefs

Mar 14, 2025

Economic Reports

Mar 13, 2025

Technical Stock Analysis

Mar 13, 2025

Morning Briefs

Mar 13, 2025

Economic Reports

Mar 12, 2025

Technical Stock Analysis

Mar 12, 2025

Morning Briefs

Mar 12, 2025

Economic Reports

Mar 11, 2025

Technical Stock Analysis

Mar 11, 2025

Economic Reports

Mar 10, 2025

Morning Briefs

Mar 10, 2025

Technical Stock Analysis

Mar 10, 2025

Morning Briefs

Mar 7, 2025

Technical Stock Analysis

Mar 7, 2025

Economic Reports

Mar 7, 2025

Morning Briefs

Mar 6, 2025

Technical Stock Analysis

Mar 6, 2025

Economic Reports

Mar 5, 2025

Technical Stock Analysis

Mar 5, 2025

Morning Briefs

Mar 5, 2025

Economic Reports

Mar 4, 2025

Technical Stock Analysis

Mar 4, 2025

Economic Reports

Mar 4, 2025

Economic Reports

Mar 3, 2025

Economic Reports

Mar 3, 2025

Economic Reports

Mar 3, 2025

Technical Stock Analysis

Mar 3, 2025

Morning Briefs

Mar 3, 2025

Technical Stock Analysis

Feb 28, 2025

Morning Briefs

Feb 28, 2025

Economic Reports

Feb 27, 2025

Morning Briefs

Feb 27, 2025

Economic Reports

Feb 26, 2025

Technical Stock Analysis

Feb 26, 2025

Economic Reports

Feb 25, 2025

Company Reports

Feb 25, 2025

Technical Stock Analysis

Feb 25, 2025

Economic Reports

Feb 24, 2025

Economic Reports

Feb 24, 2025

Morning Briefs

Feb 24, 2025

Technical Stock Analysis

Feb 24, 2025

Company Reports

Feb 21, 2025

Technical Stock Analysis

Feb 21, 2025

Morning Briefs

Feb 21, 2025

Economic Reports

Feb 20, 2025

Economic Reports

Feb 20, 2025

Technical Stock Analysis

Feb 20, 2025

Morning Briefs

Feb 20, 2025

Economic Reports

Feb 19, 2025

Company Reports

Feb 19, 2025

Economic Reports

Feb 18, 2025

Technical Stock Analysis

Feb 18, 2025

Economic Reports

Feb 17, 2025

Economic Reports

Feb 17, 2025

Economic Reports

Feb 17, 2025

Morning Briefs

Feb 17, 2025

Technical Stock Analysis

Feb 17, 2025

Morning Briefs

Feb 14, 2025

Technical Stock Analysis

Feb 14, 2025

Economic Reports

Feb 13, 2025

Technical Stock Analysis

Feb 13, 2025

Morning Briefs

Feb 13, 2025

Economic Reports

Feb 12, 2025

Morning Briefs

Feb 12, 2025

Technical Stock Analysis

Feb 12, 2025

Economic Reports

Feb 11, 2025