infoSAWIT News

KUALA LUMPUR - Crude palm oil (CPO) production in Malaysia decreased in the lowest level in last eight years after the flood happened in the country. 

JAKARTA – Palm oil industries in 2015 will have the positive results after some last months they have bad news, the decreasing crude palm oil (CPO) price in international markets, and the decreasing of raw oil of the world.

MAMUJU – Member of Legislator of West Sulawesi, Tomi, Tuesday (13/1) hoped that the Provincial Government should build palm oil factory to process the people’s harvest.

PEKANBARU – Based on the decision of the fruit price making team, Plantation Agency of Riau Province, in 14- 20 January, 2015, the fruit price of more than 10 years old is increasing from Rp87,65 to be Rp1.746,80/Kg from the previous period which was Rp1.659,15/Kg.

JAMBI – Smallholder Oil Palm Association (Apkasindo) in Jambi said, the increasing price of the fruit in Jambi in the early year will effect to the smallholder income. 

PARINGIN –The enlargement of palm oil plantation in Papuyun Village, Subdistrict of Lampihong, District of Balangan, South Kalimantan Province which has begun since 2011 is monitored by local Forestry and Plantation Agency. 

JAKARTA – The needs of Egypt in crude palm oil (CPO) is high enough. But for the unstable economy globally, especially the political situation in Egypt, Indonesian CPO exports decrease. 

JAMBI – Palm oil fruit price in Province of Jambi in the beginning of January 2015 increases Rp24,66/kg.

KUALA LUMPUR – Colombia recently claimed to make billateral cooperation with Malaysia in economy and trade, such as, palm oil plantation investment. 

Pangkal Pinang – Palm oil factories (POF) operating in Bangka Belitung (Babel) Island Province do not contribute to the regions though there are lots of them there. Industry and Trade Agency of Babel said so. 

KUALA LUMPUR – The stocks of crude palm oil (CPO) fell down 23,61% to be 995.529 millions of tons, while the processed oil increased 4,61% to be 1,02 millions of tons. Malaysian Palm Oil Board (MPOB) mentioned so, Monday (12/1)

MINNEAPOLIS – Cargill, a multi sector company, such as, palm oil plantation reported, the company got increasing net profit about US$ 784  millions in fiscal year, 2015 in the second quarter which ended in November 30th, ot it increased 41% from the same period in last year which was $ 556 millions.

KUALA LUMPUR – One of South African countries, Colombia is interested in increasing the billateral cooperation and investment with Malaysia and invites Malaysian companies to invest in palm oil plantation, oil and gas industries in Colombia.

JAKARTA – Samuel Sekuritas in its research, Monday (12/1) mentioned, PT London Sumatera Indonesia (LSIP) is in interesting valuation in trade, that is, price earning (PE) 2015 could be 12,6 times and PE 2016 is estimated 12,1 times.

DUMAI – In eleven months in 2014, (January-November 2014), crude palm oil (CPO) export volume in Dumai, Province of Riau reached 9.575.603 179 tons. The numbers are not counted by last December 2014.

KUALA LUMPUR – The crude palm oil (CPO) producer, Malaysia, as a surveyor of Intertek Testing Services, Monday (12/1) said, CPO export in first 10 days in January 2015 significantly decreased.

NIGERIA – Secretary of Industry, Trade, and Investment, Nigeria, Samuel Ortom said, Nigeria is in the lowest position to produce crude palm oil (CPO) in the world. It could be even said, the country could not fulfill the domestic demands

KUALA LUMPUR – Crude palm oil (CPO) export increased 0,43% to be 1,52 millions of tons in December 2014 which was 1,51 millions of tons in November 2014. But the biodiesel exports fell down 97,30% to be 614 tons.

SAMARINDA – Livestock Agency, Province of East Kalimantan has distributed 3.528 cows to all livestock groups spreading in the districts and city to breed them fast and well.

BANDA ACEH – Thousands acres palm poil in Banda Aceh, in subdistrict of Teluk Dalam and South Tupah were broken. Member of Special Legislator, Dimeulue, Province of Aceh, reported so.