Edible oil prices expected to keep increasing

Consumers of edible oils are likely to contend with two years of high prices before markets stabilize and return to what is considered normal levels, Paul Meyers, the vice president of commodity analysis at Foresight Commodity Services told a conference last month.

Along with soybean oil prices, sunflower, palm and canola oil prices have also remained high as production of both crops decreased in the 2020/21 crop year.

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.

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