This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
10 August 2026
Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers
Dekel Agri-Vision Plc
('Dekel' or the 'Company')
July Palm Oil Production Update and Cashew Operation Update
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, provides a July production update for its Ayenouan palm oil project in Côte d'Ivoire ('Palm Oil Operation') and commentary on monthly production at the cashew processing plant at Tiebissou, Côte d'Ivoire (the 'Cashew Operation').
Key Performance Metrics: July 2026 vs. July 2025
· Crude Palm Oil (CPO) Production: CPO production decreased by 15.4% in July 2026 compared to July 2025, as the Palm Oil Operation entered its seasonal low period, consistent with the moderation the Company anticipated following three consecutive months of year-on-year growth in April, May and June. The CPO extraction rate was broadly stable at 19.5%, compared to 19.6% in July 2025.
· CPO Sales Prices: CPO selling prices remained broadly stable at €945 per tonne during the month, in line with July 2025 (€952 per tonne). As noted previously, local CPO prices continue to trade at a discount to international CPO prices, which remain elevated at above €1,200 per tonne. As local production levels continue to moderate through the low season, the Company anticipates that local pricing may strengthen towards prevailing international market levels.
· Palm Kernel Oil (PKO) Sales and Prices: PKO sales prices remained strong at €1,333 per tonne, representing an increase of 13.4% compared to July 2025. As anticipated in last month's update, PKO production and sales volumes strengthened materially during July, with production up 62.0% and sales up 232.0% year-on-year, reflecting the batch nature of production and sales activities. With higher than normal levels of kernel stock on hand, the Company anticipates PKO production remaining at elevated levels over the coming months.
· Cashew Operation: Raw Cashew Nut (RCN) Processing:
o July delivered a new monthly processing record for the Cashew Operation since commissioning, with approximately 800 tonnes of RCN processed during the month.
o Cashew sales volumes and prices remained stable, reflecting steady underlying demand for the Company's products.
o Quarterly production and sales data for the Cashew Operation will be reported in October 2026.
|
July-26 |
July-25 |
Change |
|
|
FFB processed (tonnes) |
4,805 |
5,637 |
-14.8% |
|
CPO Extraction Rate |
19.5% |
19.6% |
-0.5% |
|
CPO production (tonnes) |
936 |
1,107 |
-15.4% |
|
CPO Sales (tonnes) |
931 |
1,010 |
-7.8% |
|
Average CPO price per tonne |
€945 |
€952 |
-0.7% |
|
Palm Kernel Oil ('PKO') production (tonnes) |
196 |
121 |
62.0% |
|
PKO Sales (tonnes) |
425 |
128 |
232.0% |
|
Average PKO price per tonne |
€1,333 |
€1,175 |
13.4% |
Youval Rasin, Dekel's Chief Executive Officer, said: "July was a mixed month for our Palm Oil Operation, with CPO production down 15.4% year-on-year as we entered the seasonal low period, consistent with the moderation we flagged following three consecutive months of growth. However, our Palm Kernel Oil volumes strengthened materially, with production up 62.0% and sales up 232.0%, supported by higher than normal kernel stock levels, while PKO pricing improved 13.4% year-on-year. Our Cashew Operation delivered a strong month, processing approximately 800 tonnes of RCN, continuing the strong momentum built through H1 2026."
** ENDS **
For further information, please visit the Company's website www.dekelagrivision.com or contact:
|
Dekel Agri-Vision Plc Youval Rasin Shai Kol Lincoln Moore |
+44 (0) 207 236 1177 |
|
Zeus (Nomad and Broker) James Joyce Darshan Patel |
+44 (0) 203 829 5000 |
Notes:
Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at various stages of development: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000 tpa capacity crude palm oil mill and a cashew processing project in Tiebissou, which is currently scaling up production.