Palm Oil futures rise tracking Chicago soyoil

Palm oil futures edged up on Thursday, tracking Chicago soyoil, as the contract consolidated after a recent fall, while market participants awaited fresh tradingcues.

The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was up 10ringgit, or 0.26%, to 3,809 ringgit per metric ton by themidday break.

The contract traded between 3,805 ringgit and 3,834 ringgit in the morning session. The contract dropped 2.48% in the previous session, its biggest daily loss since April 16.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Dekel Agri-Vision PLC

More articles like this

Dekel Agri-Vision PLC

Unlocking Africa’s fertile lands

Discover the lucrative opportunities in Africa’s palm oil business. With a growing global market demand and sustainable practices, now is the time to invest.

Dekel Agri-Vision PLC

Rebranding palm oil for a brighter future

Unlocking the potential of palm oil: Discover its value, sustainability, and potential as a premium product. Learn how Dekel Agri-Vision PLC is leading the way in West Africa

Dekel Agri-Vision PLC

Palm oil futures on the rise amid strong global market trends

Palm oil futures are seeing significant gains, driven by positive performances in the vegetable oil markets of Dalian and Chicago. This upward movement has been particularly notable on the Bursa Malaysia Derivatives Exchange, where the benchmark

Dekel Agri-Vision PLC

Dekel Agri-Vision anticipates strong palm oil season

Dekel Agri-Vision Plc (LON: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a November production update for its Ayenouan palm oil project in Côte d’Ivoire (Palm Oil Operation) as