It is easy for stockbrokers to sell the story that Asia’s agricultural traders are hitting a rough patch. Mixed first-quarter results this week from Singapore-based Wilmar and Hong Kong’s Noble suggest that sitting on China’s doorstep is no guarantee of riches. Singapore trader Olam’s shares have fallen by a fifth since February. The three companies were meant to be the new threat to ABC – Archer Daniels Midland, Bunge and Cargill – whose results showed signs of recovery in the first quarter.
股票經(jīng)紀(jì)人可以不費(fèi)力氣去兜售以下觀點：亞洲農(nóng)產(chǎn)品交易商正在經(jīng)歷困難時期。本周新加坡豐益(Wilmar)和香港來寶 (Noble)發(fā)布的第一季度業(yè)績好壞參半，表明就算坐在中國家門口，也不能保證賺大錢。自2月起，新加坡交易商奧蘭(Olam)的股價已經(jīng)跌了五分之一。這三家企業(yè)原本被認(rèn)為能夠挑戰(zhàn)“ABC陣營”——ADM (Archer Daniels Midland)、邦吉(Bunge)和嘉吉(Cargill)，但ABC陣營三家企業(yè)的財報顯示，它們在第一季度都出現(xiàn)了復(fù)蘇跡象。