Dekel Agri-Vision Plc (LON: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided its unaudited full year production update for the year ending 31 December 2024 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 performance of the Palm Oil operation in 2024 was a story of two contrasting halves. The first half of the year saw relatively strong Crude Palm Oil (CPO) production but lower prices, while the second half experienced lower production alongside a significant uplift in CPO prices. This upward trend in CPO prices culminated in December 2024, with CPO prices exceeding €1,000 per tonne, which is very encouraging as we approach the peak season.