El Nino Risks Likely Supporting Malaysian Plantation Sector

Dow Jones07-07

0227 GMT - Crude palm oil prices are expected to remain elevated as rising El Nino risks add to geopolitical supply concerns, Kenanga IB analyst Khoo Teng Chuan says in a note. The U.S. agency, the National Oceanic and Atmospheric Administration, has declared that El Nino has begun and sees a 63% chance of it strengthening into a severe event later this year, he notes. With edible oil supplies already tight amid resilient food and biofuel demand, plantation stock valuations remain attractive, he adds. Kenanga maintains an overweight rating on the Malaysian plantation sector, citing resilient edible oil demand and higher CPO prices. IOI Corp., Kuala Lumpur Kepong and PPB Group are among its top picks. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

July 06, 2026 22:27 ET (02:27 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2649653603?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-07 10:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2649653603","market":"other","top_or_hot":-1,"title":"El Nino Risks Likely Supporting Malaysian Plantation Sector","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0227 GMT - Crude palm oil prices are expected to remain elevated as rising El Nino risks add to geopolitical supply concerns, Kenanga IB analyst Khoo Teng Chuan says in a note. The U.S. agency, the National Oceanic and Atmospheric Administration, has declared that El Nino has begun and sees a 63% chance of it strengthening into a severe event later this year, he notes. With edible oil supplies already tight amid resilient food and biofuel demand, plantation stock valuations remain attractive, he adds. Kenanga maintains an overweight rating on the Malaysian plantation sector, citing resilient edible oil demand and higher CPO prices. IOI Corp., Kuala Lumpur Kepong and PPB Group are among its top picks. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 06, 2026 22:27 ET (02:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>El Nino Risks Likely Supporting Malaysian Plantation Sector</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEl Nino Risks Likely Supporting Malaysian Plantation Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-07 10:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0227 GMT - Crude palm oil prices are expected to remain elevated as rising El Nino risks add to geopolitical supply concerns, Kenanga IB analyst Khoo Teng Chuan says in a note. The U.S. agency, the National Oceanic and Atmospheric Administration, has declared that El Nino has begun and sees a 63% chance of it strengthening into a severe event later this year, he notes. With edible oil supplies already tight amid resilient food and biofuel demand, plantation stock valuations remain attractive, he adds. Kenanga maintains an overweight rating on the Malaysian plantation sector, citing resilient edible oil demand and higher CPO prices. IOI Corp., Kuala Lumpur Kepong and PPB Group are among its top picks. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 06, 2026 22:27 ET (02:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MOO","symbol_name":"农业指数ETF-Market Vectors","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2649653603","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2649653603","pubTimestamp":1783391220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0227 GMT - Crude palm oil prices are expected to remain elevated as rising El Nino risks add to geopolitical supply concerns, Kenanga IB analyst Khoo Teng Chuan says in a note. The U.S. agency, the National Oceanic and Atmospheric Administration, has declared that El Nino has begun and sees a 63% chance of it strengthening into a severe event later this year, he notes. With edible oil supplies already tight amid resilient food and biofuel demand, plantation stock valuations remain attractive, he adds. Kenanga maintains an overweight rating on the Malaysian plantation sector, citing resilient edible oil demand and higher CPO prices. IOI Corp., Kuala Lumpur Kepong and PPB Group are among its top picks.  Dow Jones NewswiresJuly 06, 2026 22:27 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MOO":"农业指数ETF-Market Vectors","PDBA":"INVESCO AGRICULTURE COMMODITY STRATEGY NO K-1 ETF","RJA":"农业指数ETF-ELEMENTS","CANE":"Teucrium Sugar Fund","RJI":"商品指数ETF-ELEMENTS"},"translate_title":"厄尔尼诺风险可能支持马来西亚种植园行业","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RJA":1.5,"PDBA":1.5,"CANE":1.5,"RJI":1.5,"MOO":1.5},"content_text":"0227 GMT - Crude palm oil prices are expected to remain elevated as rising El Nino risks add to geopolitical supply concerns, Kenanga IB analyst Khoo Teng Chuan says in a note. The U.S. agency, the National Oceanic and Atmospheric Administration, has declared that El Nino has begun and sees a 63% chance of it strengthening into a severe event later this year, he notes. With edible oil supplies already tight amid resilient food and biofuel demand, plantation stock valuations remain attractive, he adds. Kenanga maintains an overweight rating on the Malaysian plantation sector, citing resilient edible oil demand and higher CPO prices. IOI Corp., Kuala Lumpur Kepong and PPB Group are among its top picks. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 06, 2026 22:27 ET (02:27 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2649653603","isCrawlerRequest":true}