Palm oil price rise partly offsets lower production at Dekel Agri-Vision

A bumper crude palm oil price is good news for palm oil plantations operators. Cote d’Ivoire-based Dekel Agri-Vision (LON: DKL) has not been producing as much as the previous year, but this is offset by the higher price.

Dekel increased crude palm oil sales by 276% to 4,025 tonnes in May 2022, compared to the previous May. That includes delayed sales from April, and there was a year-on-year reduction in production when April and May figures are combined.

Although the amount of fruit processed was much lower extraction rates improved from 20.8% to 23.5% over the year. The average palm oi...

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