Malaysian palm oil futures edged higher on Tuesday, after extending losses for a second session on Monday (Oct 2), as soyoil prices jumped in Chicago.
Palm oil is affected by price movements in related oils, as they compete for a share in the global vegetable oils market.
The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange gained 0.84% to RM3,735 (US$790.39) a metric tonne in early trade.
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.