0239 GMT - Wilmar International's margin growth will likely remain weak, due to price competition in China and soft sugar prices, Nomura analysts write in a note. The Singapore-listed agribusiness group's plantation and sugar milling business' 4Q volumes are expected to decline on quarter, and margins could weaken due to lower palm oil and sugar prices. Although volumes for tropical oils could rise on year in 4Q, Nomura expects crush margins to weaken, which could impact profitability. Nomura maintains a neutral rating for the stock and target price of S$3.20. Shares are last 0.6% higher at S$3.14.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
October 30, 2025 22:39 ET (02:39 GMT)
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