infoSAWIT News

KUALA LUMPUR – Pakistan is likely to import more palm oil in 2015 as growing demand from its food industry and lower prices of the edible oil boost overseas purchases, traders and analysts.

NIGERIA – The efforts by Nigeria to reclaim its lost glory as the number one producer and exporter of palm oil and other palm produce in the world it lost to Malaysia when crude oil was discovered in Nigeria may soon be realized.

JAKARTA – Indonesian palm oil is likely attracted to Middle East countries, includes Egypt. It is recorded, in 2013 national palm oil export to the pyramid country has reached US$ 563 million.

PEKANBARU – Palm oil farmers in Rokan Hilir (Rohil), Riau Province, complained the low of their fresh fruit bunches (FFB) price. Moreover, their sell price traded lower from the local Agriculture Agency determined-price.

 KWANDANG -   A company which is running palm oil plantations, PT Umika Makmur, required to seriously efforts its activities in North Gorontalo (Gorut). Due to the company, said the Vice Regent, Roni Imran said have already obtaining their license since 2012 for 16,368 hectares land, but until now, there is no any palm oil planting activities.

PAINAN – Deforestation by unscrupulous community for the development of palm oil mill in Lengayang District, South Coast Regency, West Sumatera Province, successfully stopped by Kerinci Seblat National Park (KSNP) South Coast area Officer.

PEKANBARU – Palm oil plantation wide area in Riau is increasing yearly, but the management isn’t develops yet. This is what unfortunated by Sawit Watch activists.

PEKANBARU -  In order to fulfill the electricity power needs in Riau, local government seriously in utilizing new and renewable energy of biomass from palm oil wastes.

KUALA LUMPUR – President and Chief Executive Group of Sime Darby, Tan Sri Dato 'Seri Mohd Salleh Bakke, expects crude palm oil (CPO) price for trading will take into RM2.200-RM2.500 per ton until June 2015.

JAKARTA – Crude palm oil (CPO) price strengthen in early trading of Malaysian Stock Exchange, on Monday (08/12/2014) strengthen. It is recorded, for February 2015 contract increases in 0,3% or RM18/ton to price level in RM 2.190/ton.

MUKOMUKO – Penarik District society reported to Mukomuko Regency, Bengkulu Province legislator related to the leaking of palm oil mill sewage pond of PT AMK.

SAMARINDA – Palm oil farmers in East Borneo Province re getting a ray of welfare, due to the price of fresh fruit bunches (FFB) in early December 2014 for over ten years old re-increasing in Rp38,11/kg or become Rp1.540,98  from early November that only in Rp 1502,87/kg. but, if compared by the last same period as Rp1.533,94/kg it only increasing by a little amount.

JAKARTA – Chairman of the Advisory Board of Indonesian Entrepreneurs Association (Apindo), Sofjan Wanandi stated, the government’ regulation in revoke corporation forestry sector business license affects the unstable in investment cycle.

KUALA LUMPUR – A company which is operating in many sector includes palm oil plantation, Sime Darby Berhad, on its first quarter ended by 30^th September 2014 (1QFY2014/15) reported their profit before tax as RM674.9 million or get increasing as 1% and net profit increases by 2% to RM500.7 million.

PEKANBARU – Head Agency of Regional Investment and Promotion Riau Province, Irhas Irfan stated, there are three foreign companies that are attracted to invest in managing biomass as local electricity energy.

EAST BARITO – Regency Government of East Barito, Central Borneo Province, will provide 400 hectares of plantation area. This is one of efforts to maintain the existence of agricultural sector.

KUTIM – To date, there are 20 palm oil mills in East Kutai (Kutim), East Borneo Province, by production capacity as 1.060 tons/hour, thus expressed by Head Agency of Agriculture in East Kutai (Kutim) Regency, Akhmadi Baharuddin.

BELAWAN – Assistant Branch Manager of Pelindo I Belawan, Roswita SH through his staff Rica Girsang, on Thursday (04/12/2014), stated until the end of October 2014, North Sumatera exporting still higher that importing by comparison in export as .040.869 tons,  while  imports only in  2.352.606 tons through Belawan Port.

JAKARTA – Exports of fats and vegetable/animal oils in this October 2014 significantly increasing as 29,7% MoM and 36,9% YoY.

JAKARTA – Indonesian Trading Ministry recorded the non oil and gas exporting in October 2014 strengthened into US$12.9 billion. Although only in small increases in 1,8% compared by month over month (MoM) last month, the income of non oil and gas export supporting exports income as reaches US$15.4 billion.