22nd Jan 2026 13:12
(Alliance News) - 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 USD866 per tonne in 2025 from USD823 in 2024. Palm kernel prices climbed 42% to USD748 per tonne from USD525.
Pricing in early 2026 remains "robust", the company said, with crude palm oil currently being tendered at around USD850 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."
By Eva Castanedo, Alliance News reporter
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