infoSAWIT News

InfoSAWIT, KUALA LUMPUR – Malaysian palm oil futures climbed for the fifth consecutive session on Friday (Nov 29), driven by supply concerns as heavy rains exacerbated already weak production levels.

InfoSAWIT, JAKARTA – The Council of Palm Oil Producing Countries (CPOPC), an organization established by Indonesia and Malaysia to promote cooperation in the palm oil sector, has launched the second batch of its Young Elaeis Ambassadors (YEAs) program. This initiative aims to involve young people in dispelling negative stereotypes about palm oil, often labeled as environmentally unfriendly.

InfoSAWIT, JAKARTA – PT Bhumireksa Nusa Sejati (PT BNS), a subsidiary of Minamas Plantation, has been honored with the Platinum Award at the prestigious Indonesia Sustainable Development Goals Award (ISDA) 2024. Organized by the Corporate Forum for CSR Development (CFCD) in collaboration with the National Development Planning Agency (BAPPENAS), the award ceremony took place on Thursday, November 28, 2024, at the Raffles Hotel Jakarta.

InfoSAWIT, BANGKOK – The Tunas Merapi Manunggal Cooperative has achieved a significant milestone by securing the Roundtable on Sustainable Palm Oil (RSPO) certification. The certification was officially handed over by RSPO CEO to the cooperative’s chairman, Wardoyo, during a ceremony in Bangkok on November 10, 2024.

InfoSAWIT, MAMUJU – The Palm Oil Farmers Union (SPKS) has partnered with the Provincial Plantation Office of West Sulawesi and the Palm Oil Plantation Fund Management Agency (BPDPKS) to expedite the adoption of Indonesia Sustainable Palm Oil (ISPO) certification for independent palm oil farmers in the region. Awareness programs have been conducted across three districts—Mamuju, Central Mamuju, and Pasangkayu—engaging approximately 500 farmers managing a total area of 1,000 hectares.

InfoSAWIT, JAMBI – The price of Fresh Fruit Bunches (FFB) in Jambi Province for the period of November 29 to December 5, 2024, has decreased by IDR 64.20 per kilogram. Based on the results of the price-setting team from the Jambi Provincial Plantation Office, the FFB price for oil palm aged 10–20 years now stands at IDR 3,615.67/Kg.

InfoSAWIT, JAKARTA – The Council of Palm Oil Producing Countries (CPOPC) convened its 12th Ministerial Meeting in Jakarta to tackle global challenges confronting the palm oil industry. The meeting focused on issues such as market volatility, crude palm oil (CPO) price fluctuations, sustainability demands from consumer countries, and trade discrimination disguised as environmental policies.

InfoSAWIT, SAMARINDA – The price of fresh fruit bunches (FFB) in East Kalimantan has risen for the second period of November 2024. According to the Provincial Plantation Agency, the price for palm oil from plantations with trees aged over 10 years increased by IDR 117.24 per kilogram, reaching IDR 3,175.50/kg for the period of November 16–30, 2024.

JAKARTA, Nov 29, 2024 – Crude palm oil (CPO) prices at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose significantly, reaching IDR 15,548/kg on Friday (Nov 29, 2024). This marked a 1.99% increase or an additional IDR 303/kg compared to Thursday's price of IDR 15,245/kg.

InfoSAWIT, JAKARTA – Strengthening the sustainability of the global palm oil industry remains a shared priority for Indonesia and Malaysia. As key members of the Council of Palm Oil Producing Countries (CPOPC), both nations reaffirmed their commitment to closer collaboration during the 12th CPOPC Ministerial Meeting press conference in Jakarta on Friday (29/11/2024).

InfoSAWIT, JAKARTA – The potential of the newly identified Elaidobius kamerunicus species to enhance palm oil productivity is promising. However, according to Marlon Sitanggang, Agronomy Division Head at PT Union Sampoerna Triputra Persada, the successful adoption of this new species requires a cautious and measured approach.

InfoSAWIT, JAKARTA – The Indonesian Palm Oil Association (GAPKI), in collaboration with the National Palm Oil Workers Union, has made strides in labor diplomacy by undertaking a bipartite mission to the European Union. The delegation's visit, held from November 18 to 22, 2024, marked a milestone in Indonesia’s palm oil diplomacy by showcasing a collaborative approach between workers and employers.

InfoSAWIT, MUKOMUKO – Mukomuko Regency in Bengkulu has drawn significant attention following a visit from three Japanese investors interested in establishing a Biomass Power Plant (PLTBm) utilizing palm oil waste. The October 2024 visit marks a promising step toward sustainable waste management and green energy transition in the region.

InfoSAWIT, JAKARTA – The price of Crude Palm Oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp 15,245/kg on Thursday (28/11/2024), reflecting an increase of 0.53%, or around Rp 80/kg, compared to the price on Tuesday (26/11/2024), which was Rp 15,165/kg.

InfoSAWIT, JAKARTA – Holding company PT Perkebunan Nusantara III (Persero), through its subsidiary PT Perkebunan Nusantara IV (PalmCo), has introduced an innovative Smallholder Palm Oil Replanting Program (PSR) using an intercropping system with upland rice. The initiative aims to bolster national food security while enhancing land productivity.

InfoSAWIT, BANGKOK – Independent palm oil farmers are proving they can adopt sustainable practices aligned with the Principles and Criteria (P&C) of the Roundtable on Sustainable Palm Oil (RSPO), traditionally associated with larger corporations.

InfoSAWIT, JAKARTA – The Palm Oil Plantation Fund Management Agency (BPDPKS) has once again launched the Palm Oil Research Grant (GRS) Program, an initiative that has been in place since 2015 to enhance the development and empowerment of Indonesia’s palm oil plantations and industry. Covering research from upstream to downstream, the 2024 program selected 52 research projects out of 785 proposals, with a total funding commitment of IDR 95 billion.

JAKARTA, InfoSAWIT – TuK INDONESIA has officially filed a lawsuit against Bank Mandiri for alleged unlawful conduct in the South Jakarta District Court, case number 1186/Pdt.G/2024/PN.JKT.SEL, on November 13, 2024. The lawsuit also names PT Astra Agro Lestari (AAL) and its subsidiary, PT Agro Nusa Abadi (ANA), as co-defendants.

JAKARTA, InfoSAWIT – In a bid to promote sustainable palm oil certification through the Indonesia Sustainable Palm Oil (ISPO) scheme, Indonesia’s Directorate General of Plantations, Ministry of Agriculture, has partnered with the Reclaim Sustainability! Palm Oil program by Solidaridad and the Resource Center for Oil Palm Smallholders (ReCOPS). This collaboration focuses on implementing the Electronic Cultivation Registration Certificate (E-STDB) for independent palm oil farmers.

InfoSAWIT, BANGKOK – On November 10, 2024, the Makmur Barokah Belutu Cooperative officially received the Roundtable on Sustainable Palm Oil (RSPO) certification. The prestigious sustainability certification was presented by RSPO CEO Joseph D’Cruz to the cooperative's chairman, Asmungi, during a ceremony in Bangkok, Thailand.