FINWIRES · TerminalLIVE
FINWIRES

亚洲生物燃料最新动态:原油价格走强提振马来西亚棕榈油价格

-- 马来西亚棕榈油期货周一上涨,此前连续两周下跌。此前美国扣押了一艘据称试图突破封锁的伊朗货船,导致原油价格攀升,也加剧了人们对新一轮美伊和谈前景的不确定性。 马来西亚衍生品交易所5月原棕榈油合约上涨约1.03%,至每吨4431马来西亚林吉特(1119.65美元)。6月合约上涨1.11%,至每吨4471林吉特。 棕榈油价格对原油价格波动仍然十分敏感,因为其作为生物燃料原料的竞争力取决于化石燃料价格的上涨。 据印尼安塔拉通讯社报道,印尼农业部长安迪·阿姆兰·苏莱曼表示,印尼将从7月1日起停止进口传统柴油,这与政府设定的生物柴油掺混比例提高至50%(B50)的目标日期一致。 据报道,苏莱曼表示,政府正在与国有种植园公司Perkebunan Nusantara IV合作,评估在汽油中使用棕榈油的可能性。 在马来西亚,生物柴油公司正在扩大生产规模,以支持政府将生物柴油计划从目前的B10逐步扩展至B12,最终达到B15。 据《星报》报道,副首相艾哈迈德·扎希德·哈米迪表示,19家生物柴油工厂计划利用棕榈油加工的副产品——污泥来扩大产量。 该计划旨在通过大规模生产降低成本。目前,这些工厂每月生产约150万升生物柴油。 马来西亚棕榈油局此前表示,一旦B12实施,每年将新增约13万吨生物柴油消费量;而B15实施后,每年将新增约20.4万吨。 马来西亚《The Edge》援引分析师的话说,该国还有生产更多生物柴油的空间,到 2025 年,该国生物柴油产量仅为 975,207 吨,而其总装机产能约为每年 236 万吨。

Related Articles

Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI