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Wilmar is RHB's top pick as Chinese CPO demand to pick up pace

Jeffrey Tan
Jeffrey Tan • 2 min read
Wilmar is RHB's top pick as Chinese CPO demand to pick up pace
The brokerage has a “buy” rating for the stock with a target price of $6.45.
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Wilmar International is one of RHB Securities’ top picks among regional palm oil players as Chinese demand is set to rise ahead.

This comes as prices of soybean oil (SBO), an alternative to palm oil, have climbed significantly.

The brokerage has a “buy” rating for the stock with a target price of $6.45.

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Wilmar International
crude palm oil (CPO) prices
soybean oil
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