Palm rises for second day

Malaysian palm oil futures edged higher on Wednesday, extending their climb for a second session, as the benchmark contract tracked gains in rival vegetable oils.

The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange rose 21 ringgit, or 0.55%, to 3,810 ringgit ($860.05) by the midday break.

In the previous session, the contract had posted its biggest daily gain since December.

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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