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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 on the Bursa Malaysia Derivatives Exchange closed 6.2% higher at 3,583 ringgit ($870.72) a tonne, after hitting a more than four-month low on Monday.

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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