SGX-listed palm oil players under pressure as Indonesia’s commodity export overhaul stokes fears
Companies face heightened regulatory risks and the scale of policy roll-out poses execution hurdles: analysts
[SINGAPORE] Shares of Singapore Exchange (SGX)-listed palm oil players have come under pressure after Indonesia unveiled plans to centralise exports of key natural resources through a state-owned enterprise.
The move has raised fresh concerns over policy risks for plantation firms with exposure to the country.
Even as analysts remain constructive on crude palm oil (CPO) prices amid tightening global supply, they warned that Indonesia’s latest move could weigh on valuations and cloud the outlook for regional planters.
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