Malaysian palm oil futures ticked up on Monday after last week’s tumble, but estimates of a rise in April inventories kept gains in check.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange gained 36 ringgit, or 0.36%, to 6,436 ringgit ($1,471.09) a tonne during early trade.
Palm plunged 10% last week on the possibility of top producer Indonesia lifting a ban on exports.
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.