Palm oil gains

Malaysian palm oil futures climbed on Monday, lifted by stronger March exports so far, setting the contract on course to snap a seven-day decline.

The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange rose 35 ringgit, or 1%, to 3,547 ringgit ($801.40) a tonne by midday break.

Palm oil attempted to recover some of the massive losses from last week, but there was little momentum to sustain the prices higher, said Sathia Varqa, co-founder of Singapore-based Palm Oil Analytics.

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

Palm Oil futures rise for fourth consecutive session

Palm oil futures extended their gains on Monday for the fourth consecutive session, driven by strength in rival edible oils. However, concerns over production, stemming from poor weather conditions in Malaysia, the world’s second-largest producer, kept

Dekel Agri-Vision PLC

Sustainable Palm Oil and the role of Dekel Agri-Vision

Sustainable palm oil production has become an essential topic in the global agricultural industry, as environmental concerns continue to rise. Palm oil, a versatile and widely used ingredient, is found in products ranging from food items

Dekel Agri-Vision PLC

Dekel Agri-Vision set for continued growth and success in 2024

Dekel Agri-Vision plc, a West African agricultural company, is making significant progress, particularly in its palm oil operations. The company’s recent update for July reflects its continued success in this sector, setting a promising tone for

Dekel Agri-Vision PLC

Dekel Agri-Vision palm oil operation continues solid performance in 2024

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

Dekel Agri-Vision PLC

Sustainable Palm Oil: The path forward for a greener future

Palm oil has long been a contentious topic in environmental and ethical discussions, but a shift towards sustainable practices is transforming its narrative. Sustainable palm oil refers to oil produced without causing deforestation or harming ecosystems,

Dekel Agri-Vision PLC

Palm oil futures extend gains to fifth session

Palm oil futures rose on Monday, marking the fifth consecutive session of gains, driven by data from cargo surveyors indicating a significant increase in July exports. The benchmark palm oil contract for October delivery on the