Client NewsDekel Agri-Vision Plc: July Palm Oil Production Update and Cashew Project Update
Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to provide a July production update for its 100%-owned Ayenouan palm oil project in Côte d’Ivoire and an update on the timing of the commissioning of our large scale cashew processing plant at Tiebissou, Côte d’Ivoire (the ‘Cashew Project’).
Palm Oil Production
· 3,047 tonnes of CPO sold in July 2021, 67.5% higher than July 2021 as stock on hand post the high season was sold into a buoyant local CPO market
· Local CPO prices continued to increase to a 2021 monthly high of €949 in July 2021, an 89.0% increase in average realised CPO prices compared to July 2020
· Construction has continued to advance, and commissioning of the Cashew project will start in September 2021
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