Malaysian palm oil futures rebounded in the afternoon session on Wednesday, posting a third straight day of gains, as related oils lend strength and amid expectation of firm Nov. 1-25 export data.
The benchmark palm oil contract FCPOc3 for February delivery on the Bursa Malaysia Derivatives Exchange gained 2.50% to close the afternoon session at 4,104 ringgit ($897.64) per tonne.
“Our market was up, influenced by external strength also anticipation of good export for the month up to 25th,” a Kuala Lumpur-based trader said.
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.
