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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Dekel Agri (DKL)