Malaysian palm oil futures jumped nearly 5% on Tuesday, hitting their highest in nearly seven weeks, helped by a continuous decline in the ringgit and concerns over global edible oil supply.
The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange gained 183 ringgit, or 4.7%, to 4,070 ringgit ($863.94) a tonne by the midday break. The contract was also up for a third consecutive session and touched its highest since Sept. 1.
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.
