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Share Price: 1.15

Bid: 1.10

Ask: 1.20

Change: 0.00 (0.00%)

Spread: 0.10 (9.091%)

Open: 1.15

High: 1.15

Low: 1.15

Prev. Close: 1.15

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IN BRIEF: Dekel Agri-Vision Annual Production Slips But Prices Rise

Mon, 11th Jan 2021 11:25

Dekel Agri-Vision PLC - West Africa-focused agriculture company - For 2020, crude palm oil production dropped by 9.7% year-on-year to 34,002 tonnes, due to a region wide drop in fresh fruit bunches harvested during the peak harvest season.

Crude palm oil sales fell by 9.8% to 34,008 tonnes from 37,713 tonnes, however, the average price per tonne of crude palm oil rose by 23% to EUR602 from EUR491.

Palm kernel oil output also fell by 9.3% year-on-year to 2,516 tonnes, while sales dropped by 16% to 2,207 tonnes from 2,621 tonnes the prior year. However, the average palm kernel oil price per tonnes increased by 8.4% to EUR597 from EUR551.

Current stock price: 5.85 pence

Year-to-date change: up 36%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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