Palm oil jumps more than 4%

Malaysian palm oil futures rose on Tuesday, posted the biggest daily gain since Nov.1 after posted sharp decline in previous session as smaller-than-expected inventories, a weaker ringgit and firmer crude oil and soyoil prices underpinned the market.

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 150 ringgit, or 4.01%, to 3,887 ringgit ($878.22) per tonne by the afternoon closing. The contract fell 6.36% on Monday in its biggest daily drop since Sept. 28.

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.

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