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.