External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Macroeconomics

<ul><li>The global fundamentals are in favour of a more constructive oil palm market through 2026.</li><li>The United States Department of Agriculture (USDA) in its most recent estimates expect global production of palm oil to increase by 2.42% to 80.8 million metric tonnes (MMt) in the 2025/26 season, largely due to expected improved yields in Indonesia (+1.82% YoY to 3.35 Mt/ha) and Malaysia (+0.58% YoY to 3.48 Mt/ha), with both countries contributing about 82.9% of global production.</li><li>Improved labour availability, more favourable weather conditions, particularly in Malaysia, and improved processing throughput are expected to provide an additional layer of support to production in the coming year.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The global fundamentals are in favour of a more constructive oil palm market through 2026.The United States Department of Agriculture (USDA) in its most recent estimates expect global production of palm oil to increase by 2.42% to 80.8 million metric tonnes (MMt) in the 2025/26 season, largely due to expected improved yields in Indonesia (+1.82% YoY to 3.35 Mt/ha) and Malaysia (+0.58% YoY to 3.48 Mt/ha), with both countries contributing about 82.9% of global production.Improved labour availability, more favourable weather conditions, particularly in Malaysia, and improved processing throughput are expected to provide an additional layer of support to production in the coming year.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Oil Palm - Policy Tailwinds and Expansion Drive Support Sector Outlook