infoSAWIT News

InfoSAWIT, BANDA ACEH - According to Fresh Fruit Bunch (FFB) Team of Aceh Province to calculate FFB price in the fourth week - August 2024 (28 August – 12 September 2024), the > 10 year old FFB is Rp 2.752,49/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.242/kg on Monday (2/9/2024) that meant to get cheaper Rp 106/kg or about 0,65% to Friday (30/8/2024) tender that was Rp 13.328/kg.

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate FFB price in the second period - August 2024 (16-31 August 2024), the > 10 year old FFB is getting increased Rp 58,8/kg to be Rp 2.752,49/Kg.

InfoSAWIT, JAKARTA – Chairman of Transition Team Task Force of Prabowo-Gibran, Hashim Djojohadikusumo firmly delivered announcement for illegal palm oil plantation companies. Instead of putting them in jail, the companies would choose to deliver fine up to Rp 300 trillion for every violator. This would be about to maintain stable businesses in Indonesia.

InfoSAWIT, MERAUKE — PT Bio Inti Agrindo (PT BIA) recently announced the successful public consultation for the third time for Environmental Conservation and Community Development Program (ECCDP) at Swiss-Belhotel, Regency of Merauke. It was part of Danau Bian Sanctuary Project (Bian Project), that would be the commitment realization of the company to conserve the environment and empower the local in Merauke.

InfoSAWIT, JAKARTA – In the latest progress, Complaint Panel of Roundtable on Sustainable Palm Oil (RSPO) firmly sentenced PT Bakrie Sumatera Plantations Tbk, the main company of PT Grahadura Leidong Prima, for the complaint from the community representatives.

InfoSAWIT, PEKANBARU – General Director of Food and Agriculture Organization (FAO), Qu Dongyu and General Director in duty of Plantation Ministry of Agriculture and some officials continued their visit in Riau after getting Agricola Medal from President Joko Widodo in Jakarta on Friday (30/08). The visit was about to increase sustainable palm oil plantation governance in the province.

InfoSAWIT, JAKARTA – The first world war significantly delivered impacts for palm oil plantation development in Sumatera Island. Before 1917, palm oil plantations laid on about 1.605 hectares.

InfoSAWIT, PAPUA – Million hectares forests in Papua are threatened because of palm oil plantation concession permits from the government. They laid on about 1,5 million hectares.

InfoSAWIT, SEKADAU HILIR — Regent of Sekadau, Aron officially handed over superior palm oil seeds for 32 smallholders’ groups in seven sub districts in the Regency of Sekadau. It was at Penangkaran Benih IP3K, CV. Takashima, Dusun Janang Sebatu, Village of Tapang Semadak, Sekadau Hilir. It was part of the regional government to support the people’s welfare by conducting Program Unggulan Infrastruktur, Perkebunan, Pertanian, dan Perikanan untuk Kesejahteraan Masyarakat (IP3K).

InfoSAWIT, JAKARTA – Minister of Trade, Zulkifli Hasan emphasized that Indonesia would maximize crude palm oil (CPO) and its derivative usage in this country if Europe would decide to stop its imports from Indonesia. The statement was also the response to European Union Deforestation-Free Regulation (EUDR). The continent limited some commodity imports from Indonesia because of deforestation reason.

InfoSAWIT, LANDAK – Commission B Landak Legislators did the hearing on Monday (26/08/2024) about tax on Acquisition Fee on Building and Land Rights (AFBLR) from palm oil plantation companies in the Regency of Landak. The main focus of the meeting was palm oil plantation company, Wilmar Group that did not get business rights even though it has been operating in the regency for dozens of years.

InfoSAWIT, PARENGGEAN - 20 smallholders in Koperasi Unit Desa (KUD) Tri Daya in Sub district of Parenggean, Regency of Kotawaringin Timur did application tests of plantation traceability - ITracebility for about four months. The application was developed by PT Surveyor Indonesia (ID Survey) as the way to qualify the close standards in European Union Deforestation Regulation (EUDR) to prevent the negative impacts from the deforestation in the globe, particularly in palm oil sector in Indonesia.

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate and pay FFB in the first period - August 2024 (1 - 15 August 2024), the > 10 year old FFB is getting cheaper Rp 20,94/kg to be Rp 2.693,69/Kg.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 30 August – 5 September 2024, the 10 – 20 year old FFB is getting better Rp 76,36/Kg to be Rp 3.030,86/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.328/kg on Friday (30/8/2024) that meant to get increased Rp 173/kg or about 1,32% to Thursday (29/8/2024) tender that was Rp 13.155/kg.

InfoAWIT, SINGAPORE – Soybean and corn at Chicago Board of Trade got a little bit increased on Thursday (29/8/2024) after they were pressed for the better weather and rain in Midwest, United States of America. Meanwhile, the grain got more expensive for the third session in a row even though the cheap supply around Black Sea pressed the increasing price.

InfoSAWIT, SAMBAS – Damage and fire took place in palm oil mill of PT Wana Hijau Semesta (WHS) in Village of Sebunga, Sub district of Sajingan Besar, Regency of Sambas. That was the second time in the last month and raised worry for the local stakeholders.

InfoSAWIT, JAKARTA – Musim Mas recently launched its first Sustainability-Linked Revolving Credit Facility (RCF). It was the significant effort to realize its sustainable business practice commitment. Together with Rabobank as the sustainable coordinator and HSBC as the other bank loaner, marketing division of Musim Mas Group, Inter-Continental Oils & Fats Pte. Ltd., and other biofuel companies in Spain and Italy would change the credit facility that reached EUR 150 million to be loans about sustainability.

InfoSAWIT, JAKARTA – Asian Agri, one big palm oil plantation company in Sumatera keeps transforming by implementing digital technology significantly. The innovation would reinforce the sustainable operation from the upstream to downstream sectors, deliver the positive for the productivity, efficiency, and be environmentally responsible. Besides as one leader in (palm oil) industry, Asian Agri and Apical play their key roles to encourage the company.