infoSAWIT News

InfoSAWIT, JAKARTA – As the biggest palm oil producer in the world, Indonesia is in its position to maximize every resource and encourage sustainable practices. Taking advantages on palm oil wastes, such as, empty bunches, trees, liquid waste, and shell of kernel, should be the strategic things to environmentally support circular economy.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 4 - 10 October 2024, the 10 – 20 year old FFB is getting increased Rp 106,07 /Kg to be Rp 3.221,63/Kg.

InfoSAWIT, NUSA DUA – Deputy II in Food and Agribusiness Coordination Coordinator Ministry in Economy, Dida Gardera emphasized that it would be significant to get policy and strategy transformation to encourage palm oil industries. He said that in the Pekan Riset Sawit Indonesia (PERISAI) 2024. The event was also discussed about many government’s initiatives to reinforce sustainable and tough palm oil industries in the global scale – trade.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 14.028/kg on Thursday (3/10/2024). It meant to be stagnant to Wednesday (2/10/2024) tender that was Rp 14.027/kg.

InfoSAWIT, JAKARTA – To implement biodiesel mandatory program as it is regulated in Chapter 18 article (1a), President’s Regulation Number 66 / 2018 abuot the Second Substitution on President’s Regulation Number 61 / 2015 about Palm Oil Plantation Fund Use and Raise, we hereby delivered that the conversion numbers of crude palm oil (CPO) to be biodiesel would be US$ 85 per ton and the market index price (MIP) of vegetable fuel kind of biodiesel in October 2024 would be Rp 12.633/liter, added by transportation cost that would be effective since on 1 October 2024.

InfoSAWIT, NUSA DUA - Pekan Riset Sawit Indonesia (PERISAI) 2024 that Palm Oil Plantation Fund Management Agency (PO PFMA) conducted this year got more excited for many talented students from many schools from Indonesia, attended. One moment that they were waiting for was the final of palm oil research competition in students’ level. Many students took part in the competition both from university and vocational schools.

InfoSAWIT, NUSA DUA – The situation at Bali Nusa Dua Convention Center (BNDCC) was so different. Many researchers, academy, and planters gathered together to join Pekan Riset Sawit Indonesia (PERISAI) 2024 on Thursday, (3/10/2024).

InfoSAWIT, SINGAPORE – Bumitama Agri Ltd., palm oil plantation company that was registered at SGX and operating in Indonesia, released the financial performance in the first semester of 2024. The company got income that reached Rp 7,60 trillion in the first six months of 2024, got increased 1% to Rp 7,50 trillion in the same period last year.

InfoSAWIT, BRUSSELS – European Commission (EC) announced the additional guidelines to support the implementation of European Union Deforestation Regulation (EUDR). Besides, EC proposed to extend the implementation for big companies until 30 December 2025 and for the small scale – partners until 30 June 2026. It was proposed based on the inputs from global scale – stakeholders that mentioned the concern about their preparedness to face the new regulation.

InfoSAWIT, JAKARTA – The Great Attorney sealed cash for about Rp 450 billion that belonged to PT Asset Pacific in the corruption and money laundry cases that involved PT Duta Palma Group in the Regency of Indragiri Hulu, Riau Province. It was sealed by Directorate of Investigation of Deputy General Attorney in Special Crime, Monday (30/9), to serve the justice in the big cases.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 14.027/kg on Wednesday (2/10/2024). It meant to get increased Rp 228/kg or about 1,65% to Tuesday (1/10/2024) tender that was Rp 13.799/kg.

InfoSAWIT, PALANGKARAYA – Palm oil plantation company in Central Kalimantan Province, PT. Sawit Sumbermas Sarana (SSMS) Tbk., in cooperation with Yayasan Borneo Orangutan Survival Foundation (BOSF) successfully took 2 (two) orangutans that were rehabilitated from Sekolah Hutan Nyaru Menteng to start the final rehabilitation process before being released to the wild. It was on Wednesday (2/10/2024). 

InfoSAWIT, PALANGKARAYA - PT Citra Borneo Utama Tbk. (CBUT) planned to significantly increase refinery capacity in this very short. Now the company operates within 2.500 metric tons (MT) crude palm oil (CPO) per day or 850.000 MT per year. In the second quarter next year, CBUT would be having additional refinery commissioning to increase the total refinery capacity to be 4.000 MT CPO per day next year.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference rice to decide out fee (OF) and tariff from Palm Oil Plantation Fund Management Agency (PO PFMA) or known as export levy on 1—31 October 2024 would be US$ 893,64/metric ton (MT). The numbers got increased US$ 54,11 or 6,45 percent from September 2024 that was US$ 839,53/MT.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Riau and FFB Documents of Riau Province on 2 - 8 October 2024, the 9 year old FFB is is getting increased Rp 132,08/Kg to be Rp 3.240,50/kg.

InfoSAWIT, JAKARTA – It is undeniable that palm oil exports played crucial roles to maintain the trade balance of Indonesia. In 2021 to 2023, palm oil exports highly increased. It happened for the crude palm oil (CPO) got more expensive. In 2022, palm oil exports reached fantastic numbers up to US$ 39,07 billion, including its downstream products. but it got cheaper in 2023, and the exports got decreased to be US$ 30,32 billion.

InfoSAWIT, SINGAPORE – Wilmar International Limited, one advance agribusiness group in Asia reported to get net profits from the main busiess that reached 5% to be US$606,3 million in the the first semester that ended on 30 June 2024.

InfoSAWIT, JAKARTA – Chairman of Indonesian Palm Oil Association (IPOA), Eddy Martono said the government published the Government’s Regulation Number 39 / 2021 about The Implementation of Halal Product Guarantee. Chapter 1 paragraph 2 and 3 mentions that halal products are the goods and or services that have something to do with food, drink, medicine, cosmetic, chemical products, biologic products, artificial genetic products, and other goods that are used, worn, and taken for advantages by the people that the halal guarantee has been declared by Islamic laws.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 13.799/kg on Tuesday (1/10/2024). It meant to get decreased Rp 179/kg or about 1,28% to Monday (30/9/2024) tender that was Rp 13.978/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plsma and FFB Documents of Riau Province Number 36 on 2 - 8 October 2024, the 9 year old FFB is getting increased Rp 86,24/Kg to be Rp 3.294,76/kg.