Palm oil logs 3% weekly gain

Malaysian palm oil futures eased on Friday after surveys pegged May inventories to rise to an eight-month high, but the market notched its second straight weekly gain due to global edible oil supply woes.

Palm rose 3% for the week, underpinned by concerns over global edible oil supply due to hot weather in parts of the U.S. Midwest.

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:
    Share on facebook
    Share on twitter
    Share on linkedin
    Dekel Agri-Vision PLC

    More articles like this

    Dekel Agri-Vision PLC

    Palm oil rises more than 6%

    Malaysian palm oil futures jumped more than 6% on Tuesday, snapping a six-day losing streak, supported by bargain buying and stronger soyaoil prices on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for August delivery

    Dekel Agri-Vision PLC

    Dekel Agri-Vision CPO production up 10.9% to 23,877 tonne

    Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a May and cumulative year to date production update for its 100%-owned Ayenouan palm oil project in Côte d’Ivoire. Highlights

    Dekel Agri-Vision PLC

    Palm climbs 2% on global edible oil supply worries

    Malaysian palm oil futures rose 2% on Wednesday after two straight sessions of declines, as dry weather in the U.S. and Canadian crop belts and reduced crop expectations in South America stoked worries over global edible oil supply.

    Dekel Agri-Vision PLC

    Palm oil set for first daily gain

    Malaysian palm oil futures climbed 2.54% on Tuesday, rebounding from their lowest close in more than three weeks marked in the previous session, as they tracked gains in rival oils on the Chicago Board of Trade (CBOT) and

    Dekel Agri-Vision PLC

    Crude palm oil to continue bullish momentum

    Crude palm oil futures edged higher to settle at a near-record high of Rs 1,249 per 10 kg after touching a fresh lifetime high of Rs 1,253.40 on Friday during intraday. There were no global cues as Bursa

    Dekel Agri-Vision PLC

    Palm oil at 13-year high

    Malaysian palm oil futures climbed 3.5% on Thursday to their highest since 2008, as tightening edible oil supplies buoyed world agricultural markets. The benchmark palm oil contract FCPOc3 on the Bursa Malaysia Derivatives Exchange rose 143 ringgit, or