Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed up 74 ringgit, or 2.22%, to 3,412 ringgit ($764.68) a tonne, snapping a six-session decline.
In the previous session, the contract hit its lowest closing since September.
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.
