date:Dec 31, 2013
oil, however, could tighten asproduction dwindles due to periods of delayed tree stress causedby dry seasons which hit Indonesia in 2012 and 2013.
We upgraded the Malaysian plantation sector to 'overweight'from 'neutral', as the earnings outlook brightens after twoyears of contraction, RHB Research Institute analyst Alvin Taisaid in a note.
Our crude palm oil price assumptions for 2014 and 2015 israised to 2,700 ringgit per tonne and 2,900 ringgit respectivelyfrom 2,600 ringgit.
We maintain