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November Palm Oil Production Update

November Palm Oil Production Update.

articleDekel Agri-vision PlcDecember 9, 20214/company/dekeloil-public-ltd/news/november-palm-oil-production-update
November Palm Oil Production Update

About this update from Dekel Agri-vision Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 0382V\n Dekel Agri-Vision PLC\n 09 December 2021\n  \n \n \n \n  \n \n \n Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers\n \n \n  \n \n \n Dekel Agri-Vision Plc ('Dekel' or the 'Company')\n \n \n November Palm Oil Production Update \n \n \n  \n \n \n Dekel Agri-Vision Plc\n (AIM: DKL)\n , the \n West African \n agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to \n provide a November production update for its Ayenouan palm oil project.\n \n \n  \n \n \n Key Highlights\n \n \n Palm Oil Production\n \n \n ·  \n 74.4% increase in November 2021 compared to November 2020, the highest monthly like for like uplift in production in 2021\n \n \n · \n CPO prices remain strong with average prices achieved in November 2021 of €956, an uplift of 44% compared to November 2020\n \n \n · \n Dekel is currently on track to deliver a record year of annual revenue for the palm oil operation\n \n \n  \n \n \n \n Lincoln Moore, Dekel\n \n \n 's\n \n \n Executive Director\n \n ,\n \n said: \n \n \"The Ayenouan Project will finish the year with continued strong momentum. The Company is heavily focused on preparations (including the annual maintenance programme) for the high season production ramp-up that is just 6 weeks away, in order to capitalise on sales prices which are currently higher than the levels we achieved in the 2021 high season.\"\n \n \n  \n \n \n \n \n \n  \n \n \n \n Nov-21\n \n \n \n \n Nov-20\n \n \n \n \n Change\n \n \n \n  \n \n \n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n \n \n \n FFB processed (tonnes)\n \n \n \n \n 13,181\n \n \n \n \n 7,441\n \n \n \n \n 77.1%\n \n \n \n \n \n \n CPO production (tonnes)\n \n \n \n \n 2,669\n \n \n \n \n 1,530\n \n \n \n \n 74.4%\n \n \n \n \n \n \n CPO Sales (tonnes)\n \n \n \n \n 1,837\n \n \n \n \n 1,515\n \n \n \n \n 21.3%\n \n \n \n \n \n \n Average CPO price per tonne\n \n \n \n \n €956\n \n \n \n \n €664\n \n \n \n \n 44.0%\n \n \n \n \n \n \n PKO production (tonnes)\n \n \n \n \n 212\n \n \n \n \n 124\n \n \n \n \n 71.0%\n \n \n \n \n \n \n PKO Sales (tonnes)\n \n \n \n \n 106\n \n \n \n \n 367\n \n \n \n \n -71.1%\n \n \n \n \n \n \n Average PKO price per tonne\n \n \n \n \n €930\n \n \n \n \n €579\n \n \n \n \...

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