Dekel Agri-Vision (AIM:DKL) reported a 31.9% increase in crude palm oil (CPO) production in May versus May 2025, marking the third consecutive month of year‑on‑year growth.
Dekel Agri-Vision, a West African agriculture company operating a 60,000 tpa palm oil mill at Ayenouan and a cashew processing plant at Tiebissou, said the CPO extraction rate improved to 22.3% (up 3.7 percentage points versus May 2025), positioning the palm operation to deliver a strong first half of 2026.
CPO selling prices were €952 per tonne in May, broadly in line with €956 a year earlier, while the company noted international CPO prices remain elevated at above €1,200 per tonne.
Palm kernel oil (PKO) prices strengthened to €1,362 per tonne, up 3.8% year‑on‑year, although PKO production volumes were lower in May due to the batch nature of processing and sales.
The cashew operation processed approximately 650 tonnes of raw cashew nut in May, with the company describing cashew sales volumes and prices as stable.
Quarterly production and sales data for the Cashew Operation will be reported in July 2026.
"We are pleased to report another strong month for our Palm Oil Operation, with CPO production increasing by 31.9% and an improved extraction rate of 22.3%," said Youval Rasin, Dekel's Chief Executive Officer.
