Malaysian palm oil futures climbed 3.5% on Thursday to their highest since 2008, as tightening edible oil supplies buoyed world agricultural markets.
The benchmark palm oil contract FCPOc3 on the Bursa Malaysia Derivatives Exchange rose 143 ringgit, or 3.54%, to 4,187 ringgit ($1,015.52) a tonne by the end of the morning session. The contract had touched a 13-year high at 4,197 ringgit a tonne.
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.