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Dekel Agri-Vision PLC, the West African-focused agricultural company specialising in sustainable and diversified projects, has released a robust production update for October 2026. The report details significant progress at its Ayenouan palm oil project and the cashew processing facility in Tiebissou, Côte d’Ivoire. The announcement was made in compliance with Article 7 of the UK version of the Market Abuse Regulation.
The company's palm oil operations delivered a standout performance as they transitioned out of the seasonal low period. Production of Crude Palm Oil (CPO) surged by 30.2% year-on-year, while CPO sales volumes saw a substantial increase of 41.6%. Market conditions remained favourable, with CPO prices continuing to hold above long-term historical averages. Furthermore, production and sales for Palm Kernel Oil (PKO) were significantly higher than the figures recorded during the same period last year.
In the cashew sector, the Tiebissou processing plant maintained its positive operational momentum. Looking ahead to the 2027 season, Dekel Agri-Vision aims to expand its Raw Cashew Nut (RCN) processing capacity by approximately 50%, particularly for unpeeled cashews, contingent upon the successful completion of ongoing fundraising efforts.
Youval Rasin, Chief Executive Officer of Dekel Agri-Vision, commented on the results: 'We are pleased to report a stronger October for our Palm Oil Operation, with CPO production up 30.2% year-on-year as we move out of the seasonal low period, and CPO sales volumes up 41.6%. CPO prices remain above long-term historical averages, and PKO production and sales were both significantly higher than last year. Our Cashew Operation continued its positive momentum and we look forward to increasing RCN processing capacity during the 2027 season.'
Dekel Agri-Vision PLC operates as a multi-project agriculture firm in West Africa. Its portfolio includes a fully operational 60,000 tpa capacity crude palm oil mill in Ayenouan, which processes fruit from local smallholders, and a scaling cashew project in Tiebissou.
Source: TradingView
Source: TradingView