CPO futures rally to all-time high

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at an all-time high yesterday, mainly driven by tight supplies and strong demand from China.

The benchmark palm oil contract for December 2021 surged RM155 to RM4,738 a tonne.

Trader David Ng said the rising demand from China, which is currently in the midst of an energy supply crisis, may increase the intake of palm oil for biofuel. “The robust crude oil prices also lifted sentiment in the market,” he told Bernama.

Dekel Agri-Vision PLC (LON:DKL) aspires to become a leading agro-industrial company in West Africa, one that creates value for shareholders whilst at all times placing the interests of the local communities and environment in which it operates in at the heart of its operations.

Click to view all articles for the EPIC: DKL
Or click to view the full company profile:
Dekel Agri-Vision plc

Palm Oil prices surge as currency weakens and soyoil strengthens

3rd February 2025

Rising palm oil prices driven by market dynamics and currency fluctuations pose opportunities and challenges for investors in this evolving sector.

Global palm oil market poised for strong growth

30th January 2025

The global palm oil market is poised for growth, driven by demand across industries and health benefits. Learn about key players and market trends here.

Unlocking Africa’s fertile lands

23rd January 2025

Discover the lucrative opportunities in Africa’s palm oil business. With a growing global market demand and sustainable practices, now is the time to invest.

Palm oil market growth drives opportunity across diverse industries

15th January 2025

The palm oil market is booming, projected to reach $100 billion by 2032 with a steady 2.4% compound annual growth rate.

Dekel Agri-Vision achieves first positive monthly EBITDA from Cashew Operation

14th January 2025

Discover Dekel Agri-Vision’s latest Palm Oil operation update for 2024, showcasing a tale of contrasting halves with promising CPO price trends.

Rebranding palm oil for a brighter future

18th December 2024

Unlocking the potential of palm oil: Discover its value, sustainability, and potential as a premium product. Learn how Dekel Agri-Vision PLC is leading the way in West Africa

Palm oil futures on the rise amid strong global market trends

11th December 2024

Palm oil futures are seeing significant gains, driven by positive performances in the vegetable oil markets of Dalian and Chicago. This upward movement has been particularly notable on the Bursa Malaysia Derivatives Exchange, where the benchmark

Dekel Agri-Vision anticipates strong palm oil season

10th December 2024

Dekel Agri-Vision Plc (LON: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a November production update for its Ayenouan palm oil project in Côte d’Ivoire (Palm Oil Operation) as

Palm oil futures experience positive momentum

4th December 2024

Palm oil futures rise for the second consecutive day, influenced by gains in vegetable oil contracts on the Dalian Commodity Exchange.

Optimism grows for Dekel Agri-Vision amid palm oil price gains

27th November 2024

Dekel Agri-Vision experienced a prolonged low season for palm oil, resulting in a year-on-year drop of 17.9% in crude palm oil (CPO) production for October. The company’s output during this period was notably below levels recorded

Côte d’Ivoire’s Palm Oil and Cashew Success

21st November 2024

Côte d’Ivoire, a leading player in West Africa’s agricultural landscape, has emerged as a pivotal contributor to global markets for palm oil and cashews. These two commodities, deeply rooted in the country’s rich agricultural tradition, are

Dekel Agri-Vision’s Lincoln Moore on cashew growth and 2025 goals

20th November 2024

Dekel Agri-Vision plc (LON:DKL) Executive Director Lincoln Moore caught up with DirectorsTalk for an exclusive interview to discuss their cashew operation, production scale-up, cash flow positive, palm oil operation, crude oil prices, and main priorities for

Dekel Agri-Vision Exploring Strong Growth in West African Agriculture with Lincoln Moore (VIDEO)

13th November 2024

Dekel Agri-Vision (LON:DKL) Executive Director Lincoln Moore joins DirectorsTalk Interviews to discuss an October production update for its palm oil project as well as a positive progress update regarding the performance of the new shelling and peeling

Rising CPO prices set to boost Dekel Agri-Vision

11th November 2024

Dekel Agri-Vision, a company listed in London, reported a significant decline in its crude palm oil (CPO) production, as the usual low production season for the commodity extended longer than anticipated. Production levels for October showed

Dekel Agri-Vision reports on Improved Palm Oil and Cashew Production