Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provide a January 2025 production update for its Ayenouan palm oil project in Côte d’Ivoire as well as continued positive progress regarding the operational performance of the cashew processing plant at Tiebissou, Côte d’Ivoire.
The Palm Oil Operation has had a strong start to 2025, with Crude Palm Oil (‘CPO’) sales prices significantly higher than in January 2024, while production remains largely in line with last year.
Key Performance Metrics: January 2025 vs. January 2024
· CPO Production: 2,766 tonnes, a slight decrease of 2.6%.
· CPO Extraction Rate: Improved by 5.7% to 22.2%.
· CPO Sales Volume: Increased by 14.2%, driven by the sale of December 2024 year-end stock.
· CPO Sales Price: Up 34.9% to €994 per tonne, reflecting continued strength in international CPO prices.