# Dekel Agri-Vision CPO production, sales and prices up 12.3%, 17.0% and 24.6% respectively - Link: https://www.directorstalkinterviews.com/dekel-agri-vision-cpo-production-sales-and-prices-up-12.3-17.0-and-24.6-respectively/412987724 - Published: 2021-05-10T07:17:19+01:00 - Author: Giles **[Dekel Agri-Vision Plc](https://www.directorstalkinterviews.com/company/dekel-agri-vision-plc/dkl.l)**( [LON:DKL](https://www.directorstalkinterviews.com/company/dekel-agri-vision-plc/dkl.l)), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided an April and cumulative year to date production update for its 100%-owned Ayenouan palm oil project in Côte d’Ivoire. **Highlight**s ·      5,147 tonnes of crude palm oil (‘CPO’) produced in April 2021 o  Brings cumulative CPO production for year to date to 20,474 tonnes, a 12.3% increase on production during the equivalent four-month period in 2020 ·      4,971 tonnes of CPO sold in April 2021 o  Brings cumulative CPO sales for year to date to 18,892 tonnes, a 17.0% increase on sales during the equivalent four-month period in 2020 ·      39.2% increase in average realised CPO prices to €803 per tonne in April compared to April 2021 o  Brings average realised CPO prices for year to date to €794 per tonne, 24.6% higher than the €637 per tonne achieved over the equivalent four-month period in 2020 ·      Combination of double-digit year to date increases in CPO production, sales and prices puts Dekel on course to post a material uplift in its H1 2021 financial results compared to H1 2020 > **Lincoln Moore, Dekel Agri-Vision Executive Director**,** said: **“Thanks to > year-to-date CPO production, sales and prices up 12.3%, 17.0% and 24.6% respectively > compared to the equivalent period in 2020, we are confident that Ayenouan is on > course to post a material improvement in its first half financial performance, > surpassing H1 2020’s €15.4m revenues, €1.9m EBITDA and €0.4m net profits. Together > with the progress made at our large-scale cashew processing project at Tiebissou, > the construction of which is nearing completion, and the recent long term debt > refinancing, 2021 is shaping up to be the transformative year we hoped it would > be.” | | Apr-21 | Apr-20 | Change | YTD2021 | YTD2020 | Change | | | | | | | | | | FFB processed (tonnes) | 24,010 | 26,556 | -9.6% | 95,510 | 82,451 | 15.8% | | CPO production (tonnes) | 5,147 | 6,143 | -16.2% | 20,474 | 18,224 | 12.3% | | CPO Sales (tonnes) | 4,971 | 5,106 | -2.6% | 18,892 | 16,153 | 17.0% | | Average CPO price per tonne | €803 | €577 | 39.2% | €794 | €637 | 24.6% | | PKO production (tonnes) | 322 | 398 | -19.1% | 1,126 | 1,169 | -3.7% | | PKO Sales (tonnes) | 216 | 219 | -1.4% | 1,183 | 743 | 59.2% | | Average PKO price per tonne | €838 | €610 | 37.4% | €791 | €648 | 22.1% | | PKC production (tonnes) | 529 | 558 | -5.2% | 1,716 | 1,727 | -0.60% | | PKC Sales (tonnes) | 349 | 691 | -49.5% | 1,327 | 1,518 | -12.6% | | Average PKC price per tonne | €80 | €59 | 35.6% | €75 | €61 | 23.0% | | | | | | | | | | **Crude Palm Oil** ·      Production: 5,147 tonnes of CPO produced in April 2021 (April 2020: 6,143 tonnes) o  Brings total CPO produced year to date to 20,474 tonnes, 12.3% higher than 2020( 18,224 tonnes) o  April production below last year’s volumes due to lower deliveries of fresh fruit bunches (‘FFB’), lower oil content of the fruit, and exceptional comparatives in April 2020 o  April CPO extraction rate of 21.4% lower than Q1 2021’s 23.1% due to reduced FFB oil content ·      Sales: 4,971 tonnes sold in April 2021 in line with April 2020 (5,106 tonnes) o  Brings total CPO sold year to date to 18,892 tonnes, 17.0% higher than 16,153 tonnes sold in equivalent period in 2020 ·      Prices: 39.2% increase in average realised CPO prices to €803 per tonne ( April 2020: €577) o  Brings year to date average realised prices to €794, a 24.6% increase on equivalent period in 2020 o  International CPO prices trading near 10-year highs in a band between €900-1,000 per tonne continue to generate strong margins at Ayenouan **Palm Kernel Oil (‘PKO’)** ·      Production: 322 tonnes of PKO produced in April 2021 compared to 398 tonnes in April 2020 o  Lower year on year production follows exceptionally strong April 2020 FFB deliveries to the mill ·      Sales: 216 tonnes sold in April 2021 in line with 219 tonnes sold in April 2020 o  Lower April 2021 sales compared to April 2021 production due to Dekel strategy of holding back stock to capitalise on rising local PKO price levels ·      Prices: 37.4% increase in PKO prices to €838 per tonne compared to €610 in April 2020 o  Local PKO prices continue to catch up with international benchmarks **Palm Kernel Cake (‘PKC’)** ·      Production: 529 tonnes of PKC produced in April 2021 compared to 558 tonnes in April 2020 o  5.2% year on year reduction in production due to lower FFB volumes ·      Sales: 349 tonnes sold in April 2021 compared to 691 tonnes in April 2020 o  Lower April 2021 sales compared to April 2020 production due to Dekel strategy of holding back stock to capitalise on rising local PKC price levels ·      Prices: 35.6% increase in average realised PKC prices to €80 per tonne compared to €59 per tonne in April 2020 o  Local PKC prices continue to catch up with international benchmarks **Production Updates** Dekel will continue issuing CPO production figures on a monthly basis to provide shareholders with visibility on operations and trading during the global COVID-19 pandemic.  Share on: