infoSAWIT News

InfoSAWIT, SURABAYA – The Palm Oil Plantation Fund Management Agency (BPDPKS) has revised its 2024 palm oil export levy target down to IDR 24 trillion from the initial target of IDR 27 trillion. This adjustment follows the implementation of new tariff regulations introduced by the government.

InfoSAWIT, JAKARTA – The Indonesian Ministry of Industry (Kemenperin) is ramping up efforts to strengthen the development of the palm oil downstream industry, aiming to boost global competitiveness. This strategic initiative focuses on three key aspects: securing raw material supply for domestic industries, fostering technological innovation in crude palm oil (CPO) production, and facilitating new investments and industrial expansion.

InfoSAWIT, JAKARTA – The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) has pledged to act on the recommendations of the Indonesian Ombudsman to address land overlaps between oil palm plantations and forest areas. This commitment was conveyed by Deputy Minister of ATR/Deputy Head of BPN, Ossy Dermawan, during a meeting at the Ombudsman’s office.

InfoSAWIT, JAMBI – The Fresh Fruit Bunch (FFB) Pricing Team of Jambi Province has set the palm oil prices for the period of November 22-28, 2024. The price of FFB for oil palm trees aged 10-20 years increased slightly by IDR 2.83/kg, reaching IDR 3,615.67/kg.

InfoSAWIT, JAKARTA – The crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom recorded a Withdraw (WD) status with the highest bid at IDR 14,830/kg on Thursday (21/11/2024). This marks a 2.91% decline, or approximately IDR 445/kg, from Wednesday’s (20/11/2024) price of IDR 15,275/kg.

InfoSAWIT, JAKARTA – Over the past two decades, palm oil has remained a cornerstone of Indonesia’s economy. As a strategic commodity, palm oil not only fulfills demands for food and non-food products but also serves as a renewable energy source and a key contributor to foreign exchange earnings through high-value-added exports.

InfoSAWIT, JAKARTA – The Palm Oil Research Grant Program, initiated by the Indonesia Oil Palm Estate Fund (BPDPKS) in 2015, continues to drive strategic research in the palm oil sector. This year, BPDPKS launched the program with a four-month Call for Proposals earlier in 2024.

InfoSAWIT, PADANG SIDIMPUAN – Sudarmadi, a palm oil farmer from Padang Sidimpuan, North Sumatra, has raised grievances regarding the challenges faced by smallholder farmers in Dusun Binasari, Angkola Selatan Subdistrict, South Tapanuli Regency.

InfoSAWIT, JAKARTA – The Indonesian government is stepping up efforts to safeguard farmers' personal data while promoting supply chain transparency through the National Dashboard system, specifically targeting the palm oil industry. According to Diah Suradireja, Expert Staff to the Coordinating Ministry for Economic Affairs, the system aims to provide farmers with official recognition of their work and facilitate data access for exporters and international partners.

InfoSAWIT, MEDAN – The North Sumatra Provincial Fresh Fruit Bunch (FFB) Price Setting Team has released its pricing decision for the period of November 20–26, 2024. FFB prices for palm oil aged 10–20 years saw a modest increase of IDR 7.55/kg, reaching IDR 3,611.23/kg.

InfoSAWIT, BANDA ACEH – The upcoming Aceh Regional Election (Pilkada), now just days away, has drawn significant attention from various stakeholders, including Abubakar AR, the Chair of the Aceh Regional Board of the Palm Oil Farmers Union (SPKS) and the Indonesian Palm Oil Village Association (ADESI). He expressed strong support for candidate pair number 02, Mualem and Dek Fad, whom he believes are well-positioned to advance the welfare of independent oil palm farmers in Aceh.

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom dropped to IDR 15,275/kg on Wednesday (November 20, 2024). This marks a 0.59% decline, or approximately IDR 90/kg, compared to Tuesday's (November 19, 2024) price of IDR 15,365/kg. 

InfoSAWIT, JAKARTA – Stakeholders in Indonesia's palm oil sector are advocating for the establishment of a dedicated governing body to manage this strategic commodity. The proposed entity is expected to prioritize the interests of both the industry and palm oil farmers while addressing productivity challenges and ensuring policy synergy. 

InfoSAWIT, PALANGKARAYA – According to the Fresh Fruit Bunch (FFB) price-setting team of Central Kalimantan Province, the palm oil price for plantations aged 10–20 years increased by IDR 225.67/kg, reaching IDR 3,417.11/kg for the first half of November (November 1–15, 2024). 

InfoSAWIT, JAKARTA — The Minister of Forestry, Raja Juli Antoni, announced a collaboration with the Ministry of Defense (Kemenhan) to inspect palm oil plantations within forest areas. This initiative aims to verify land usage compliance and ensure forest conservation. 

InfoSAWIT, PALEMBANG – The Fresh Fruit Bunches (FFB) Pricing Team of South Sumatra Province (Sumsel) has determined that palm oil FFB prices for the second period of November 2024 (November 16–30) have increased by IDR 261.23/kg. As of Tuesday, November 19, 2024, the price for FFB aged 10–20 years has risen to IDR 3,618.09/kg. 

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom increased by 0.72% to IDR 15,365/kg on Tuesday (19/11/2024), marking a rise of IDR 110/kg compared to Monday’s price of IDR 15,255/kg. 

InfoSAWIT, JAKARTA – Indonesia’s Ministry of Agriculture (Kementan), through the Directorate General of Plantations, is ramping up efforts to improve governance in the palm oil industry. On Monday, the Directorate General received a systemic review from Ombudsman RI addressing the prevention of maladministration, with a focus on governance improvement across key areas. 

InfoSAWIT, JAKARTA – Bumitama Gunajaya Agro (BGA) has introduced the BGA Staff Goes to the Village program, an initiative encouraging active participation of company employees with local communities around its plantations. The program aims to educate villagers about creating low-carbon communities by raising environmental awareness and fostering harmonious relationships between the company and its neighboring communities as part of its vision for Prosperous Villages (Desa Sejahtera). 

InfoSAWIT, JAKARTA – The Indonesian government plans to review the palm oil export levy structure as part of its efforts to maintain the competitiveness of the commodity in global markets. This periodic review is part of the government's broader agenda to refine national trade policies.