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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Share on facebook
    Share on twitter
    Share on linkedin
    Dekel Agri-Vision PLC

    More articles like this

    Dekel Agri-Vision PLC

    Palm oil at 13-year high

    Malaysian palm oil futures climbed 3.5% on Thursday to their highest since 2008, as tightening edible oil supplies buoyed world agricultural markets. The benchmark palm oil contract FCPOc3 on the Bursa Malaysia Derivatives Exchange rose 143 ringgit, or

    Dekel Agri-Vision PLC

    Palm oil benchmark shoots past RM4,000

    The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to post its biggest single-day gain and close at a 31-day high today, with the benchmark July contract hovering above the RM4,000 level. Singapore-based Palm Oil

    Dekel Agri-Vision PLC

    Weekly Brief

    Dekel Agri-Vision‘s (LON:DKL) Q1 production update was among the best the Company has reported in the eight years its 100% owned Ayenouan palm oil project in Cote d’Ivoire has been operational.   Highlights include record monthly crude palm

    Dekel Agri-Vision PLC

    Palm oil rises to highest in over a week

    Palm oil advanced to the strongest level since March 25, buoyed by robust shipments from second-biggest grower Malaysia before the Ramadhan festival, and a rally in soybean oil futures. Exports advanced about 11% from a month earlier to