Palm recoups losses on higher exports

Malaysian palm oil futures recouped early losses on Tuesday, buoyed by cargo surveyor data showing better exports in April so far, although the market was weighed down by concerns over demand from key buyer India due to surging COVID-19 cases there.

The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was up 2 ringgit, or 0.05%, at 3,712 ringgit ($902.28) a tonne by the midday break, recovering from a 0.8% drop earlier in the 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.

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