infoSAWIT News

InfoSAWIT, JAKARTA – In the recent days, the countries joining European Union have started implementing the policy, that is, to stop palm oil biodiesel in palm oil by saying that the plantations are cultivated unsustainably or by destroying the environment and as the cause of deforestation.

InfoSAWIT, JAKARTA – If the attack of Ganoderma is not anticipated, one thing for sure, the fungus in the soil would expand its attack by reducing the population of the palm oil trees and in the end, there would be bigger losses in the plantations.

InfoSAWIT, JAKARTA – Four men in B Commission, Legistators of Central Kalimantan Province would be in trial about the bribe to supervision case to PT Binasawit Abadi Pratama (BAP) within the agenda, to read the charge. The trial would run in the court of Tindak Pidana Korupsi (Tipikor) Jakarta on Wednesday (13/3/2019).

InfoSAWIT, JAKARTA – In 2018, the income of palm oil plantation and agribusiness company, PT ANJ Tbk (ANJT or Perseroan) reached US$ 151,7 million  or decreased about 6,2% compared to it in 2017. This happened for the cheaper selling price of crude palm oil (CPO) and palm kernel (PK). But there were some better selling of the two.

InfoSAWIT, JAKARTA – One palm oil and agribusiness company, PT ANJ Tbk (ANJT or Perseroan) ended 2018 within the total fresh fruit bunch (FFB) production reaching 786.104 tons, or increased 7.6% compared to it in 2017 that reached 730.356 tons.

InfoSAWIT, BOGOR – The successful story about Indonesia as the biggest palm oil producer in the world by the selling is not the same with the labor story.

InfoSAWIT, JAKARTA – The referential price of crude palm oil (CPO) to Out Fee (OF) in March 2019 is US$ 595,98/ton. It gets better US$ 30,58 or 5,41% from February 2019 that was US$ 565,40/ton.

InfoSAWIT, SAMARINDA – According to the Fresh Fruit Bunch (FFB) Team in East Kalimantan, the more than 10 year old fruit in March 2019 gets better Rp 87,14/Kg to be Rp 1.258,77/Kg.

InfoSAWIT, KUALA LUMPUR -  The weather, El Nino starts to happen in Indonesia. It is known from the dry area in palm oil plantations since February 2019 especially in Kalimantan.

InfoSAWIT, KUALA LUMPUR – Head of Agribusiness Consultant of LMC International Ltd, James Fry also predicted that the crude palm oil (CPO) would be better in 2019 within the expectation that the CPO stocks globally would decrease to be 1,5 million tons and when the crude oil (Brent) could be US$ 70 (RM 286,48) per barel.

InfoSAWIT, KUALA LUMPUR – The independent observer of agriculture and policy, Chandrashekhar thought that for some time, there would be better price of crude palm oil (CPO) for the next three months. But it is still unsure.

InfoSAWIT, JAMBI – According to the Fresh Fruit Bunch (FFB) Team that on 08 - 14 Maret 2019, the 10 to 20 year old fruit is getting cheaper Rp 59,41/Kg to be Rp 1.400,53/Kg

InfoSAWIT, KUALA LUMPUR – Many predicted the crude palm oil (CPO) price in the world in 2019. Speaking in the Palm & Lauric Oils Price Outlook Conference & Exhibition 2019, Thomas Mielke of the Oil World predicted it also.

InfoSAWIT, SINGAPURA - IndoAgri (Grup), the integrated palm oil company, the cooking oil producer, and listed in Singaporean Exchange (SGX) reported the work of the company which was not too good by the end of 2018. It happened for the decreasing profit of selling in the Plantation Division because of the cheap selling price. But some got balance from the good progress in Oil and Fat Division.

InfoSAWIT, BOGOR – In some chances, European Union started to study the implementation of Indirect Land Use Change (ILUC) and Reneweble Energy Directive (RED) II to palm oil from Indonesia. The implementation is proposed because of the assumption saying that palm oil in Indonesia is developed by damaging the environment and as the highest emission provider.

InfoSAWIT, JAKARTA – The policy about palm oil development for plasma as it is regulated should not regress. A data showed that the plasma partnership only reached 8% or 617 thousand hectares (ha) but the plantations of the companies reached about 7 million ha. One thing for sure is that the plasma quote that the government obliged about 20% from the palm oil plantations would not be realized.

InfoSAWIT, JAKARTA – The report of Indonesian Palm Oil Association (IPOA) revealed that in January 2019 Africa increased the palm oil imports from Indonesia up to 74% or from 181,48 thousand tons in December to be 315.91 thousand tons.

InfoSaWIT, JAKARTA - In January 2019 palm oil exports from Indonesia increased.  The volume (CPO and its derivatives – oleochemical and biodiesel) increased 4% compared to December 2018, or increased from 3,13 million tons to be 3,25 million tons.

InfoSAWIT, JAKARTA – Palm oil industries start getting better from the bad time because of the cheap average price of crude palm oil (CPO) since August 2006 globally. It gets better since January 2019, among US$ 520 – 542.50/ton within the average US$ 530,7/ton.

InfoSAWIT, JAKARTA – After Crude palm oil Supporting Fund (CSF) was launched in December 2018 which is managed by Palm oil Plantation Fund Management Agency (PFMA), it is temporarily stopped. But it is planned to run again by saying that the crude palm oil (CPO) is getting better price.