April Palm Oil & Cashew Update
Summary by AI BETAClose X
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
11 May 2026
Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers
Dekel Agri-Vision Plc
('Dekel' or the 'Company')
April Palm Oil Production Update and Cashew Operation Update
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to provide an April production update for its Ayenouan palm oil project in Côte d'Ivoire ('Palm Oil Operation') and an update at the cashew processing plant at Tiebissou, Côte d'Ivoire (the 'Cashew Operation').
Key Performance Metrics: April 2026 vs. April 2025
· Crude Palm Oil (CPO) Production: A material increase of 43.6% in CPO production was achieved in April 2026 compared to April 2025, marking one of the strongest April performances on record. While the CPO high season has likely passed its peak, the Company expects May 2026 production to also exceed May 2025 levels, highlighting a period of positive momentum. The CPO extraction rate for April 2026 was 21.3%, remaining at solid levels despite being marginally lower than the prior year.
· CPO Sales Prices: CPO selling prices remained robust at €947 per tonne during the month. Local prices softened slightly in April due to increased local supply during the high season. Encouragingly, international CPO prices remain elevated, trading above €1,200 per tonne, and, if sustained, are expected to support stronger local pricing as the year progresses.
· Palm Kernel Oil (PKO) Sales and Prices: PKO sales were a particularly strong contributor to the Palm Oil Operation's performance, with sales volumes in April 2026 increasing by 106.2% compared to April 2025. PKO sales prices remained very strong at €1,306 per tonne, only marginally lower than the high levels achieved in April 2025.
· Cashew Operation: Raw Cashew Nut (RCN) Processing:
o As announced last month, RCN processing returned to full operations during March, with April continuing to deliver solid performance, processing just under 700 tonnes of RCN.
o Cashew sales volumes and prices remained stable, reflecting steady underlying demand.
o Quarterly production and sales data for the Cashew Operation will be reported in July 2026.
|
|
Apr-26 |
Apr-25 |
Change |
|
|
|
|
|
|
FFB processed (tonnes) |
29,425 |
20,019 |
47.0% |
|
CPO Extraction Rate |
21.3% |
21.9% |
-2.7% |
|
CPO production (tonnes) |
6,279 |
4,375 |
43.6% |
|
CPO Sales (tonnes) |
6,347 |
4,939 |
28.5% |
|
Average CPO price per tonne |
€947 |
€964 |
-1.8% |
|
Palm Kernel Oil ('PKO') production (tonnes) |
305 |
314 |
-2.9% |
|
PKO Sales (tonnes) |
398 |
193 |
106.2% |
|
Average PKO price per tonne |
€1,306 |
€1,326 |
-1.5% |
Youval Rasin, Dekel's Chief Executive Officer, said: "We are very pleased with the strong performance of our Palm Oil Operation in April, with CPO production increasing by 43.6% year-on-year, marking one of our best April results on record. This reflects the strength of the high season, with momentum expected to continue into May. CPO prices remained at high levels during the month, and with international prices continuing at elevated levels, supportive CPO sales pricing conditions are expected to continue."
** ENDS **
For further information, please visit the Company's website www.dekelagrivision.com or contact:
|
Dekel Agri-Vision Plc Youval Rasin Shai Kol Lincoln Moore
|
+44 (0) 207 236 1177 |
|
Zeus (Nomad and Joint Broker) James Joyce Darshan Patel John Moran
|
+44 (0) 203 829 5000 |
Notes:
Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at various stages of development: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000tpa capacity crude palm oil mill and a cashew processing project in Tiebissou, which is currently scaling up production.
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