# Mixed Prospects for Plantation Sector

> Hong Leong and AmInvestment research houses kept neutral stances on the Malaysian plantation sector, citing mixed prospects. HLIB maintained its 2024 CPO price assumption at RM4,000 per tonne, noting 2023 spot prices fell about 11% amid high stockpiles and weak demand.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/31767-mixed-prospects-for-plantation-sector
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Analyst views of a stable CPO price assumption and mixed demand signals suggest no strong directional catalyst for palm oil prices. Higher Malaysian and Indonesian output and weak European and Indian demand weigh on the outlook.

## Read by commodity

- PALMOIL: neutral

## Sources

- asia-palmoil.com: https://www.asia-palmoil.com/post/mixed-prospects-for-plantation-sector

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.