Business
September & Q3 2020 Palm Oil Production Update
September & Q3 2020 Palm Oil Production Update.
About this update from Dekel Agri-vision Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5700B\n Dekel Agri-Vision PLC\n 09 October 2020\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 September & Q3 2020 Palm Oil Production Update\n \n \n \n \n \n Dekel Agri-Vision Plc, the West African focused agriculture company, is pleased to report a production update for its vertically integrated palm oil project at Ayenouan in Côte d'Ivoire for September 2020 and also for the three month period ended 30 September 2020. \n \n \n \n \n \n Crude palm oil ('CPO') production at the Company's mill at Ayenouan increased 54% to 1,965 tonnes in September 2020 compared to the 1,274 tonnes produced in September 2019. Following September's strong performance, Q3 2020 saw 5,280 tonnes of CPO produced at Ayenouan, a 10% increase on Q3 2019's 4,803 tonnes. In addition, September 2020 saw a continuation of the recent trend of improved global CPO pricing and higher extraction rates with CPO prices up 38% to €604 per tonne (Sept 2019: €438 per tonne) and extraction rates up to 21.2% (Sept 2019: 18.7%). As a result, the Company's H2 2020 results remain on course to post a material improvement on H2 2019. \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Sep-20\n \n \n \n \n Sep-19\n \n \n \n \n Change\n \n \n \n \n Q3 2020\n \n \n \n \n Q3 2019\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 \n \n \n \n \n \n \n \n \n \n \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 9,274\n \n \n \n \n 6,802\n \n \n \n \n 36.33%\n \n \n \n \n 24,243\n \n \n \n \n 24,665\n \n \n \n \n -1.71%\n \n \n \n \n \n \n CPO production (tonnes)\n \n \n \n \n 1,965\n \n \n \n \n 1,274\n \n \n \n \n 54.28%\n \n \n \n \n 5,280\n \n \n \n \n 4,803\n \n \n \n \n 9.94%\n \n \n \n \n \n \n CPO Sales (tonnes)\n \n \n \n \n 1,977\n \n \n \n \n 1,465\n \n \n \n \n 34.92%\n \n \n \n \n 5,278\n \n \n \n \n 7,138\n \n \n \n \n -26.05%\n \n \n \n \n \n \n Average CPO price per tonne\n \n \n \n \n €604\n \n \n \n \n €438\n \n \n \n \n 37.96%\n \n \n \n \n €550\n \n \n \n \n €456\n \n \n \n \n 20.67%\n \n \n \n \n \n \n PKO production (tonnes)\n \n \n \n \n 149\n \n \n \n ...