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Brokers' take

Published Mon, Jun 15, 2015 · 09:50 PM

Wilmar International | Buy

June 15 close: S$3.26

Target price: S$4.04

Maybank Kim Eng, June 15

Based on current unusual warming of the tropical Pacific not seen since 1997, this could be the strongest El Nino on record. Most soft commodities would be hit, with Wilmar primarily affected by CPO (crude palm oil), soyabean and sugar. On balance, without considering trading opportunities from more-volatil…

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