Shares of plantation companies opened mostly lower in the region this morning. First Resources Ltd down almost 3% in Singapore, while Golden Agri and Indofood Agri lost 2.5% and 1.6% respectively. In Kuala Lumpur, Felda Global, the world’s largest producer of palm oil, slipped 0.43%, while KL Kepong down 0.75%. Our research points to more and more companies reporting significantly higher output last month.

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