Malaysian palm oil futures rose on Monday, tracking gains in rival oils, while traders awaited further details on Indonesia’s domestic sales policy that would keep global supply tight.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange climbed 102 ringgit, or 1.67%, to 6,211 ringgit ($1,416.10) a tonne by the midday break, extending gains to a second session.
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.