infoSAWIT News

JAKARTA – G20 Europe Unions (EU) countries apply high import tax tariff to its members, includes Indonesian crude palm oil (CPO). Fadhil Hasan, Executive Director of Indonesian Palm Oil Companies Association (GAPKI), stated, Indonesian CPO will applied import tax tariff by 15-20%.

BLANGPIDIE - The needs of subsidized and qualified palm oil seeds for the farmers in Indonesia is still high, includes for Southwest Aceh (Abdya) regency.

DUMAI – The spill of thousands ton of crude palm oil (CPO) owned by PT Inti Benua Perkasatama (IBP) a few times ago in Dumai, causes protests from local university students.

KUALA LUMPUR – The signing of Memorandum of Understanding (MoU) between Roundtable on Sustainable Palm Oil (RSPO) with United Nations Environment Programme (UNEP) as the step to increases sustainable palm oil commitment.

PONTIANAK – Local Secretary of West Borneo Province, Zeet Hamdy Assovie stated, to develop palm oil downstream industry in West Borneo is fully-challenges.

PALEMBANG – Head of Processing and Marketing Sector of Agriculture Agency South Sumatera, Benyamin, on Wednesday (19/11/2014), stated crude palm oil (CPO) price for this week is increases to Rp7.741/kg from Rp7.627/kg in last period.

JAKARTA – A palm oil plantations company, PT Sawit Sumbermas Sarana Tbk (SSMS), through it subsidiary, PT Kalimantan Sawit Abadi, acquisitions a hudred percent shares of PT Tanjung Sawit Abadi and PT Sawit Multi Utama. The acquisition value reaches US$ 129 million or RP 1,5 trillion.

NEW DELHI – crude palm oil (CPO) price increase by 0,18% to Rs448,10/10kg in futures trading on Wednesday (19/11/2014).

JAKARTA – In his meeting with Europe Unions (EU) Council President Herman Van Rompuy, on Wednesday (19/11/2014), Indonesian Republic President, Joko (Jokowi) Widodo discuss about the problems of Indonesian some commodity obstacles trading to EU, one is palm oil commodity.

KUALA LUMPUR – A Malaysian palm oil company, Hap Seng Plantations Holdings Bhd, recorded in the third quarter ended by September 30 2014 (3Q2014) the revenues before tax decreases 22% to RM 32.132 million compared by the last year in same period as RM 41.19 million.

KUALA LUMPUR – The less of absorbs Certified Sustainable Palm Oil (CSPO) physically, more caused by the variety of palm oil products. Stated by Surina Ismail, a Global Director, IP & Knowledge Management, Emery Oleochemicals, the effect from many variety of palm oil, complicates the oleochemicals producers to absorb 100% CSPO physically.

KUALA LUMPUR – A group of zoo offenders are making deal to never boycott palm oil products in the world. The reason is by boycott the palm oil will kill protected-animals.

KUALA LUMPUR – The coming of calculates of Greenhouse Gases (GHG) scheme that will applied in palm oil plantations whole of the world, includes farmers, responded by the farmers.

KUALA LUMPUR – An agriculture Malaysian company, Sime Darby, is delegated by Aon Hewitt for “the 2014 Global Aon Hewitt Top Companies for Leaders (TCFL)” list.

PEKANBARU – According to the result of determination fresh fruit bunches (FFB) pricing meeting team by Agriculture Agency of Riau Province, for the next week, dated in 19^th – 25^th November 2014, FFB price from 10 years old palm oil planted will pricing in Rp1.708,21/kg, or decreases about Rp14,73/kg from the last price that reaches Rp1.722,94/kg.

MELAWI – The Head of Forestry and Agriculture Agency in Melawi Regency, West Borneo, Nahru, questioned the reason for local cops seized thousands cubic of timbers owned by two palm oil plantation companies in two local districts.

NEW DELHI – For two days in a row, crude palm oil (CPO) price is fallen. It is recorded in futures market on Tuesday (18/11), the price decreases in 0,11% to Rs 448,50/10 kg, as the speculator s cut the position along the weaken of demand in spot market.

TANJUNG SELOR – Palm oil seeds procurement program for East Tanjung Palas society proclaimed by Agriculture Agency of Bulungan in 2014fiscal year isn’t materializes yet.

SINGAPORE – Crude palm oil (CPO) price is estimated will increase to 2.253 ringgit per ton, because it has broke the resistance of 2.225 ringgit per ton.

PEKALONGAN – Pekalongan village, located in East Lampung regency is recorded as the sales centre of various agriculture commodity seeds in Lampung, includes the selling of palm oil seeds.