infoSAWIT News

InfoSAWIT, KAPUAS HULU – For the first time, Kapuas Hulu-based musician King of Borneo (KOB) collaborated with national rapper Tuan Tigabelas on a song titled Suar. The song debuted during the “Berdendang di Betang” music event at the Sungai Utik Longhouse on November 5, 2024, performed before the Dayak Iban Indigenous community.

InfoSAWIT, PELALAWAN – As part of efforts to draft a roadmap for reducing greenhouse gas (GHG) emissions, Indonesia's Minister of Environment and Head of the Environmental Control Agency (BPLH), Hanif Faisol, visited PT Musim Mas in Pelalawan Regency, Riau, on Saturday, November 23, 2024.

InfoSAWIT, PEKANBARU – The pricing team for Independent Fresh Fruit Bunches (FFB) in Riau Province has released its latest rates for the period of November 27 to December 3, 2024, based on the FFB Pricing Decree No. 44. For nine-year-old oil palm trees, the price decreased by Rp 44.46/kg, setting it at Rp 3,640.21/kg.

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom increased by 1.34% on Tuesday (Nov 26, 2024), reaching IDR 15,165/kg. This marks a rise of IDR 201/kg compared to Monday’s (Nov 25, 2024) price of IDR 14,964/kg.

InfoSAWIT, PEKANBARU – The price of palm oil fresh fruit bunches (FFB) for plasma farmers in Riau has decreased, as confirmed by the Pricing Team of Riau Province. Based on Letter No. 44 on FFB Price Determination for the period November 27 – December 3, 2024, the price for 9-year-old palm oil has dropped by IDR 35.82/kg to IDR 3,689.26/kg.

InfoSAWIT, RIAU – The Ministry of Environment (KLH) is encouraging the use of methane gas derived from palm oil mill effluent (POME) to help Indonesia meet its climate targets and advance its burgeoning carbon trading scheme.

InfoSAWIT, SERUYAN – The Seruyan District Government has reaffirmed its commitment to sustainability via the jurisdictional certification model of the Roundtable on Sustainable Palm Oil (RSPO). This response follows an online press conference held by civil society organizations, including WALHI Central Kalimantan, Save Our Borneo, and the Palangkaraya Legal Aid Institute, titled “Jurisdictional RSPO Certification in Seruyan District: Who Benefits?”

InfoSAWIT, PEKANBARU – As one of Indonesia’s largest foreign exchange earners, the palm oil industry continues to garner attention, especially among younger generations. Despite its significant economic and environmental roles, public understanding of sustainable palm oil practices remains limited.

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 14,964/kg on Monday, November 25, 2024. This marks a 1.02% increase, or approximately IDR 151/kg, compared to Friday's (November 22, 2024) highest offer price of IDR 14,813/kg.

InfoSAWIT, BANDUNG – Indonesia's palm oil industry stands at a crossroads, balancing production challenges with opportunities in downstream development. Setia Diarta, Director of Forest and Plantation Products Industry at the Ministry of Industry, emphasized that while crude palm oil (CPO) production has shown growth projections in recent years, the sector faces several critical issues.

InfoSAWIT, JAKARTA – Partnerships in the palm oil sector are emerging as a critical focus to enhance plantation productivity, particularly among smallholder farmers. Equal collaboration between farmers and plantation companies is seen as essential for building effective partnerships. Intensive communication between both parties, especially in plasma plantation areas, is vital to achieving shared objectives.

InfoSAWIT, JAKARTA – Since its introduction by the Roundtable on Sustainable Palm Oil (RSPO) in Malaysia in 2004 and subsequent adoption in Indonesia in 2006, the concept of sustainable palm oil has sparked widespread discussions. Initially met with mixed reactions and criticized for increasing production costs, sustainable practices are now recognized as essential for improving palm oil plantation governance, particularly for independent smallholder farmers.

InfoSAWIT, PONTIANAK – The Palm Fresh Fruit Bunch (FFB) Price Determination Team of West Kalimantan Province has released the latest prices for the third period of November 2024, covering payments for the period from November 16–22, 2024. The highest price for palm oil FFB from trees aged 10–20 years has been set at IDR 3,448.61 per kilogram.

InfoSAWIT, JAKARTA – Investment in research and development (R&D) is increasingly viewed as a cornerstone for achieving long-term success in the palm oil plantation industry. Professor Agus Pakpahan, Rector of Ikopin University and Chairman of the Indonesian Plantation Farmers Association (Gapperindo), emphasized the critical role of R&D in enhancing both productivity and sustainability in Indonesia's palm oil sector.

InfoSAWIT, JAKARTA – Business partnerships in Indonesia's palm oil plantation sector have gained increasing relevance in recent years, according to Gunawan, Senior Advisor to the Indonesian Human Rights Committee for Social Justice (IHCS) and member of the National Council of the Palm Oil Farmers Union (SPKS).

InfoSAWIT, JAKARTA – The palm oil industry is often perceived as a male-dominated sector due to its physically demanding nature. However, the reality is changing, with the industry becoming increasingly inclusive and offering promising opportunities for women. Advocates of the "Change Makers" theory predict that women will significantly shape the future of palm oil.

InfoSAWIT, SINGAPORE – Indonesia-based palm oil company Kencana Agri Limited (Kencana) has reported a 12% drop in revenue for the first half of 2024 compared to the same period in 2023. This decline is attributed primarily to lower average selling prices (ASP) for crude palm oil (CPO) and palm kernel (PK) in global markets.

InfoSAWIT, JAKARTA – Indonesia’s palm oil exports faced a significant decline in September 2024, signaling mounting pressures in the global market. Data from the Indonesian Palm Oil Association (GAPKI) revealed that total exports dropped sharply by 21.97%, from 2.384 million tons in August to 1.860 million tons in September.

InfoSAWIT, JAKARTA – The crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom Withdraw (WD) recorded its highest bid at IDR 14,813/kg on Friday (22/11/2024), marking a slight decline of 0.11% or approximately IDR 17/kg from the previous day’s highest bid of IDR 14,830/kg on Thursday (21/11/2024).

InfoSAWIT, JAKARTA – Indonesia’s crude palm oil (CPO) production continues to show dynamic trends throughout 2024. According to the latest report from the Indonesian Palm Oil Association (GAPKI), CPO production in September 2024 reached 4.021 million tons, reflecting a slight increase of 0.88% compared to July’s production of 3.986 million tons. Palm Kernel Oil (PKO) production also rose to 394,000 tons from 391,000 tons in August.