Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a July production update for its Ayenouan palm oil project in Côte d’Ivoire and to report record monthly production from the cashew processing plant at Tiebissou, Côte d’Ivoire.
Key Performance Metrics: July 2025 vs. July 2024
· Crude Palm Oil (‘CPO’) Production: Fresh Fruit Bunche volumes entered the low season much earlier than in 2024, resulting in a 53.5% decrease in CPO production in July 2025 compared to July 2024. The CPO extraction rate was slightly lower than in July 2024.
· CPO Sales Volume: Down 69.8%, largely reflecting the lower CPO production levels in July. Local demand for CPO remains strong.
· CPO Sales Price: Up 22.4% to €952 per tonne. Local CPO market prices are now consistent with global benchmarks, which remain close to historically high levels.
· Palm Kernel Oil (‘PKO’) Sales Price: PKO prices remain near record levels, at €1,175 for July 2025.
· Cashew Operation: Key monthly like-for-like production KPIs remain materially ahead of July 2024 including record monthly Raw Cashew Nut (‘RCN’) processing of 533 tonnes, a 423% increase compared to July 2024:
o Quarterly production and sales data will be published in October 2025.
o The Group reiterates its guidance for a significantly improved full-year performance in 2025, including its first-ever EBITDA-positive result.
· As previously announced, additional shelling machines and a colour sorter were ordered to increase daily RCN processing from approximately 20 tonnes to 30-35 tonnes per day.
· This new equipment will start arriving at Abidjan port within the next two weeks, with a further step-up in daily RCN production expected from October 2025.
| July-25 | July-24 | Change | |
| FFB processed (tonnes) | 5,637 | 11,517 | -51.1% |
| CPO Extraction Rate | 19.6% | 20.7% | -5.3% |
| CPO production (tonnes) | 1,107 | 2,379 | -53.5% |
| CPO Sales (tonnes) | 1,010 | 3,340 | -69.8% |
| Average CPO price per tonne | €952 | €778 | 22.4% |
| Palm Kernel Oil (‘PKO’) production (tonnes) | 121 | 195 | -37.9% |
| PKO Sales (tonnes) | 128 | Nil | n/a |
| Average PKO price per tonne | €1,175 | n/a | n/a |
Lincoln Moore, Dekel Agri-Vision’s Executive Director, said: “CPO production was seasonally lower due to the earlier onset of low-season conditions compared to the late low season last year. This was partially offset by continued strong CPO pricing momentum in July, with prices rising 22.4% year-on-year. The Cashew Operation delivered a record-breaking month, processing 533 tonnes of RCN – an 423% increase vs. July 2024 – positioning the Cashew Operation to achieve full-year EBITDA profitability for the first time. Additional shelling capacity is enroute, with a further uplift in daily RCN throughput expected from October.”
