2025 H1 crop and production
H1 2025 group harvested crop up 9%, CPO production down 2%, prices significantly higher.
- Group harvested ffb 619,100 tonnes (prior 566,200 tonnes)
- Own crops ffb 473,700 tonnes (prior 437,900 tonnes)
- CPO production 172,800 tonnes (prior 177,000 tonnes)
- Average CPO price at mill gate US$868 per tonne (prior US$771 per tonne)
- Average PK price at mill gate US$747 per tonne (prior US$437 per tonne)
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M.P. Evans Group PLC, a producer of sustainable Indonesian palm oil, is pleased to announce the following crop and production information for the six months ended 30 June 2025.
| H1 2025 | Increase/ (decrease) | H1 2024 | |
|---|---|---|---|
| Tonnes | % | Tonnes | |
| Crop of fresh fruit bunches ("ffb") | |||
| Own crops | 473,700 | 8 | 437,900 |
| Scheme-smallholder crops | 145,400 | 13 | 128,300 |
| Group harvested | 619,100 | 9 | 566,200 |
| Independent crops purchased | 118,600 | (39) | 193,500 |
| 737,700 | (3) | 759,700 | |
| Production* | |||
| Crude palm oil ("CPO") | 172,800 | (2) | 177,000 |
| Palm kernels ("PK") | 37,900 | (3) | 39,200 |
*- figures include production from the Group's crop sold to third-party mills.
The total crop of ffb harvested by the Group in the first half of 2025 from the areas managed by it was 619,100 tonnes, 9% higher than in the same part of 2024. Crops recovered well, particularly in the early part of the year, from the lower levels observed in the second half of 2024, caused by earlier dry weather. The Group continues to supplement the crop that it harvests by purchasing additional amounts for processing in its mills. However, it has deliberately been restricting the total amount of outside purchases to manage carefully both the cost and quality of mill inputs. As a result, the Group continues to achieve strong extraction rates for both CPO and PK.
In the period to the end of June 2025, the Group realised an average CPO price at mill gate of US$868 per tonne compared with US$771 in the first half of 2024, an increase of 13%. Prices for PK averaged US$747 per tonne (mill gate), 71% higher than the US$437 per tonne in 2024.
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