Broker Name: OCBC Group Research
Date of Report: 17 March 2026
Excerpt from OCBC Group Research report.
Report Summary
- OCBC Group Research has revised its 2026 crude palm oil (CPO) price forecast to MYR4,300/mt, expecting prices to remain elevated and volatile due to geopolitical risks, energy spillovers, and strong biodiesel demand, but sees supply improvements in Indonesia and Malaysia capping further upside.
- Bumitama Agri (BAL) and Wilmar International (WIL) are highlighted as preferred picks, with BAL offering strong upstream productivity and dividend appeal, while Wilmar benefits from operational synergies and a diversified business model; regulatory uncertainties in Indonesia are easing for most plantation companies covered.
above is an excerpt from a report by OCBC Group Research. Clients of OCBC Group Research can be the first to access the full report from the OCBC Group Research website : https://www.ocbc.com
