Palm oil stocks may shine with CPO prices out of the woods

Singapore

AFTER languishing for much of 2018, Singapore-listed palm oil stocks could be looking at a new dawn this year on renewed demand, sliding inventories and other factors.

For palm oil majors like Wilmar International, Golden Agri-Resources, First Resources, Bumitama Agri and Indofood Agri Resources - together, they command a market capitalisation of over S$27 billion - the key driver reigniting interest is India.