Palm oil ends higher

Malaysian palm oil futures rose on Friday to clock their first monthly jump in four, helped by higher Indonesian export levy and a falling ringgit, but gains were limited by poor exports.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 28 ringgit, or 0.75%, at 3,783 ringgit ($812.15) per metric ton.

The contract logged an 18% monthly jump. However, it has lost nearly 9.4% in the first half of the 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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