Dekel Agri-Vision reports sharp drop in palm oil production

Dekel Agri-Vision reported a sharp drop in August palm oil production on Wednesday, due to the early onset of the low season in Côte d'Ivoire, but said record output from its cashew processing plant continued to support group performance.

  • Dekel Agri-Vision (DI)
  • 10 September 2025 12:31:17
Dekel Agri-Vision

Source: Sharecast

Crude palm oil production fell 52% year-on-year to 783 tonnes as fresh fruit bunch volumes across the region remained subdued.

Sales volumes declined by a similar margin to 864 tonnes, though the impact was partly offset by higher pricing, with average realised CPO sales prices up 23% to €956 per tonne.

Palm kernel oil output dropped 39% to 83 tonnes, though 358 tonnes of PKO were sold at an average €1,209 per tonne, helping support revenue during the low season.

In contrast, the cashew operation in Tiebissou delivered its second consecutive monthly record, processing 585 tonnes of raw nuts, up nearly 400% on August 2024.

The company reiterated that it expected the cashew business to post its first EBITDA-positive year in 2025, with quarterly data to be published in October.

Preparations were under way to expand capacity from about 20 tonnes to between 30 and 35 tonnes per day from October, supported by the installation of additional shelling and colour-sorting lines.

“While August reflected the early arrival of the low season, strong CPO and PKO prices continue to underpin performance of the Palm Oil Operation in 2025,” said executive director Lincoln Moore.

“The cashew operation once again delivered record monthly output.

“With new processing capacity set to come online during October, we are confident in building momentum into the fourth quarter and remain on track to deliver our first EBITDA-positive year from the cashew operation.”

At 1000 BST, shares in Dekel Agri-Vision were down 7.09% at 0.51p.

Reporting by Josh White for Sharecast.com.

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