Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided its Q3 2023 production for the Ayenouan palm oil project in Côte d’Ivoire and the cashew processing plant at Tiebissou, Côte d’Ivoire.
Palm Oil Operation Update
· The Palm Oil Operation continued to deliver strong volumes during Q3 2023 with Fresh Fruit Bunch (‘FFB’) volumes and Crude Palm Oil (‘CPO’) production increasing 90.7% and 78.4% respectively compared to Q3 2022. This was also our 7th successive month of significantly higher production compared to 2022.
· CPO sales quantities increased 192.4% in Q3 2023 compared to last year. A large portion of the higher than normal CPO inventory at the end of H1 2023 (due to the late high season), has now been successfully sold and inventory levels have normalised.