Malaysian palm oil futures rose more than 3% on Tuesday after falling to their worst session in a month, as the ringgit hit its lowest in five-and-a-half years, making the vegetable oil cheaper for buyers holding other currencies.
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange had gained 134 ringgit, or 3.24%, to 4,272 ringgit ($957.20) a tonne by the midday break.
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.
