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QL Resources said revenue from its US-dollar-earning surimi exports helps offset the higher local-currency cost of imported livestock feed as the ringgit weakens. The company reported first-quarter profit growth of 1.4%, with marine products offsetting weaker results in its livestock and palm oil divisions.
A weaker ringgit raises the cost of imported feed for Malaysian livestock operations, while export earnings provide a partial currency hedge. The currency move could pressure feed buyers’ costs, although the article does not name a particular feed ingredient.
theedgemalaysia.comNov 8, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
