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Dekel Agri-Vision PLC - West Africa-based agriculture company - Produces less crude palm oil and palm kernel oil in the half-year but prices skyrocket. In the first six months of 2022, crude palm oil production falls 36% to 16,893 tonnes compared to 26,515 tonnes a year ago. Average crude palm oil price however increases 24% to EUR1,013 per tonne from EUR817.
Read moreDekel Agri-Vision PLC - West Africa-based agriculture company - Swings to profit in 2021 on rising palm oil prices. Pretax profit stands at EUR916,000, swinging from a loss of EUR2.2 million in 2020. Revenue climbs to EUR37.4 million from EUR22.5 million. Besides its palm oil business, Chair Andrew Tillery sees "considerable progress towards commencement of production from our cashew operation, our second commodity to enter production and a key part of our short and medium term strategies to increase both the scale and diversity of Dekel."
Read moreDekel Agri-Vision PLC - West Africa-based agriculture company - Says crude palm oil output in May falls 36% annually to 2,167 tonnes from 3,403 tonnes. Sales jump to 4,025 tonnes from 1,071, however. Price per tonne also improves to EUR1,056 from EUR774 a year earlier. "The recent trend of very strong crude palm oil and palm kernel oil prices and exceptionally strong CPO extraction rates offset by weak fresh fruit bunches volumes continued in May," Dekel says. Dekel also updates on its cashew project in Ivory Coast. Dekel says a colour sorter arrived on Sunday, enabling company to "significantly increase production capacity once installed".
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more(Alliance News) - Dekel Agri-Vision PLC shares tumbled on Tuesday after the company warned of continued crude palm oil production weakness in April.
Read moreDekel Agri-Vision PLC - West Africa-based agriculture company - Says crude palm oil production in March at its Ayenouan palm oil project in Ivory Coast, West Africa, was 51% lower compared to a year before. Says it achieved a crude palm oil price of EUR996 per tonne in March, up 26% year-on-year. Notes that palm kernel oil production fell 29% year-on-year to 235 tonnes from 329 tonnes in March.
Read more(Alliance News) - Dekel Agri-Vision PLC said on Thursday its production of crude palm oil and palm kernel oil dropped in February.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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(Sharecast News) - West Africa-focussed agriculture company Dekel Agri-Vision announced the start of cashew production by its large-scale cashew processing plant at Tiebissou in Côte d'Ivoire on Thursday.
Read moreIN BRIEF: Dekel Agri-Vision starts cashew production; awaits equipment
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Read more(Sharecast News) - West African agriculture company Dekel Agri-Vision updated the market on production at its Ayenouan palm oil project on Thursday, reporting a 74.4% year-on-year increase in November - the highest monthly like for like uplift in production for the year thus far.
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