Shift to plantation sector

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Yesterday showed a sharp rise of the plantation sector in the morning; the rise of this sector is because of the shifting of biofuel to bio-oil. Some of the companies substituted from using biofuel to bio-oil because of the shortage of bio-oil from the closed Hormuz Straits.

These organisations have to find other alternatives to divert from depending on bio-oil that affected their operations. Therefore, the price of bio-oil increases rapidly unknowingly because of the effect. Be cautious; not all of the company can substitute bio fuel with bio-oil because it depends on the usage and compatibility.

Lastly, the intensity of today's spike won't last long – but the plantation sector's outperformance has solid legs well into 2027.

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