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MP Evans Group PLC on Thursday said crude palm oil production fell slightly in 2025, but pricing remained supportive, with early 2026 prices described as robust. The Tunbridge Wells, England-based producer of Indonesian crude palm oil said crude palm oil output declined 3.1% to 360,800 tonnes in 2025 from 372,200 tonnes in 2024. Palm kernel production similarly fell 3.0% to 78,900 tonnes from 81,300 tonnes. Shares in the company were 4.0% higher at 1,300.00 pence in London on Thursday afternoon. They are up 29% over the past 12 months. The total fresh fruit bunch crop fell 4.4% to 1.54 million tonnes from 1.61 million tonnes, reflecting a deliberate reduction in lower-margin independent crop purchases, which were down 41% from 2024, MP Evans said. This offset higher production from the group’s own estates, where the harvested crop rose 8.0%, and from scheme smallholders, up 5.0%. Despite the lower output, MP Evans benefited from stronger pricing. The average mill-gate price for crude palm oil rose 5.2% to $866 per tonne in 2025 from $823 in 2024. Palm kernel prices climbed 42% to $748 per tonne from $525. Pricing in early 2026 remains ‘robust’, the company said, with crude palm oil currently being tendered at around $850 per tonne. The high-price environment supported revenue and profitability during 2025, MP Evans said, while flooding at its Simpang Kiri estate in Aceh did not have a material impact on production or costs for the year, following remedial work. Chair Peter Hadsley-Chaplin said the company delivered ‘impressive operational results’ in 2025. ‘Along with a supportive price environment, the group will deliver excellent results for 2025, ensuring that, as a responsible palm-oil producer focused on excellence, it can continue to pursue its strategic priorities of continuing growth and an increasing yield.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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