Analysts brush off impact of China power curbs on soft commodity players Wilmar, Golden Agri
CHINA's crackdown on power consumption has cast a pall of uncertainty over the commodities and materials sectors, and turned the spotlight on Singapore-listed companies such as Wilmar International and Golden Agri-Resources.
But analysts covering the sector do not see any cause for concern at the moment.
The primary cause of the power crackdown is China's carbon reduction initiative. Under this, the country has pledged to cut energy intensity by 3 per cent for 2021 to meet its climate goals.
Thus far, the country has f…
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