SECTOR | Nigeria : Palm Oil Sector Update - Riding the price tailwind

    The outlook for CPO prices is tilted to the upside in H2'24, driven by constrained supplies due to stagnating global palm oil production and higher biodiesel mandates. Additionally, global demand is expected to remain robust, further supporting higher CPO prices. This combination of higher prices and improved volumes bodes well for the outlook of local players.

     

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    CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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