Malaysian palm oil futures climbed higher on Monday as stronger rival oils helped boost prices, but smaller-than-expected exports and expectation of higher output capped gains.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange gained 0.55% to 4,243 ringgit ($899.70) by midday break. It rose as much as 1.89% earlier in the session before easing.
The benchmark contract for May delivery gained 4.86% last week, its highest weekly jump since Jan. 12.
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.
