Malaysian palm oil futures firmed on Friday and were headed for a weekly rise, on concerns over production disruptions from the arrival of the monsoon season, but the gains were capped by sluggish October exports.
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange gained 2 ringgit, or 0.05%, to 4,098 ringgit ($865.47) a tonne during early trade. For the week, the contract rebounded and is up 7% so far.
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.