infoSAWIT News

InfoSAWIT, PALANGKARAYA – Referring to the results from the Fresh Fruit Bunch (FFB) price determination team in Central Kalimantan (Kalteng), the price for palm oil aged 10-20 years has dropped by IDR 181.47/Kg to IDR 3,362.36/Kg for the period I-January (1-15 January 2025).

InfoSAWIT, JAKARTA - As the world's number one producer, Indonesia produces around 50 million tons of CPO, controlling about 60 percent of the world's CPO production. The existence of CPO production brings significant benefits to the palm oil plantation sector, especially for palm oil farmers who manage over 40 percent of the plantation area and enjoy the profits from the palm oil they cultivate.

InfoSAWIT, JAKARTA - The application of universally applicable sustainable principles and criteria is a primary requirement for the existence of sustainable palm oil. Originating from palm oil plantations, the presence of sustainable palm oil plantations is expected to provide sustainable economic welfare; can it become social capital for communities?

InfoSAWIT, JAKARTA - The Indonesian government is taking strategic steps towards the target of Net Zero Emissions by 2060 by promoting the implementation of the mandatory B40 policy. This policy aims to distribute 16.08 million kiloliters of biodiesel by 2025, as part of serious efforts to accelerate the transition to renewable energy.

InfoSAWIT, KUANTAN SINGINGI - An incident of car burning occurred in Sukamaju Village, Singingi Hilir, Kuantan Singingi (Kuansing), Riau, after a mob reacted angrily to the theft of palm oil belonging to a farmers' group. The event took place this morning around 6:15 AM in the area of the Sukamaju Village Cooperative (KUD).

InfoSAWIT, JAKARTA - The Indonesian Association of Small and Medium Palm Oil Mills (GAPPKES MIKEMINDO) has officially expressed full support for the government's B40 biodiesel mandatory program as a step towards achieving national energy independence.

InfoSAWIT, KUALA LUMPUR - The price of crude palm oil (CPO) is expected to remain stable in 2025, averaging between RM4,000 and RM4,300 per ton. This projection follows a positive trend with an average price of RM4,179.50 per ton in 2024 and RM3,809.50 per ton in 2023. The highest price recorded in 2024 was in December, with a monthly average reaching RM5,119.50 per ton and a daily peak of RM5,333.50 per ton on December 6.

InfoSAWIT, PEKANBARU – PT PLN (Persero) Riau and Riau Islands Distribution Unit (UID) through the Rengat Customer Service Implementation Unit (UP3) officially signed a Memorandum of Understanding (MoU) for Electricity Supply with several companies in the Indragiri Hilir North Cluster.

InfoSAWIT, JAKARTA - The FPKMS (Facilitation of Community Plantation Development) is an integral part of agrarian reform aimed at redistributing land for farmers in palm oil plantations. However, its implementation is challenging due to differing regulations between the Ministry of Agriculture and the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN).

InfoSAWIT, JAKARTA – On Friday, January 17, 2025, the price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom experienced a withdrawal (WD) with the highest offer recorded at Rp 13,585/kg. This marks a decrease of 0.93%, or approximately Rp 127/kg, compared to the highest CPO price of Rp 13,712/kg on Thursday, January 16, 2025.

InfoSAWIT, JAKARTA – The Indonesian government has recorded an important victory in its palm oil trade dispute with the European Union (EU) at the World Trade Organization (WTO) Dispute Settlement Body (DSB). In the panel's decision report circulated on January 10, 2025, the EU was found to have discriminated against palm oil-based biofuels from Indonesia.

InfoSAWIT, JAKARTA – The World Trade Organization (WTO) Dispute Panel has stated that the European Union (EU) violated the Technical Barriers to Trade Agreement (TBT Agreement) in implementing restrictions and the gradual phase-out of biofuels at risk of indirect land use change (ILUC). This decision was outlined in the panel's report responding to Indonesia's complaint about discriminatory treatment towards palm oil.

InfoSAWIT, JAKARTA – As the Palm Oil Plantation Fund Management Agency (BPDP) prepares to operate on January 18, 2025, mixed information regarding the disbursement of the People's Palm Oil Rejuvenation Fund (PSR) has garnered widespread attention. According to Presidential Regulation No. 132 of 2024, BPDP is set to manage funds for three commodities: palm oil, cocoa, and coconut. However, concerns from palm oil farmers regarding the suspension of PSR fund disbursement have been clarified by Normansyah Hidayat Syahrudin, Ph.D., Director of Fund Collection at BPDP-KS.

InfoSAWIT, SAMARINDA – M. Samsun, a member of Commission III of the East Kalimantan Provincial Parliament, stated that the palm oil sector provides more benefits than drawbacks, despite ongoing criticism regarding deforestation issues. This statement was made in response to the controversy surrounding President Prabowo Subianto's remarks, which were perceived as supportive of palm oil expansion.

InfoSAWIT, JAMBI – According to the results from the price-setting team for Fresh Fruit Bunches (FFB) in Jambi Province, the price of palm oil FFB for the period of January 17-23, 2025, has been agreed upon, showing a decrease of Rp 64.24/Kg, bringing the price for palm oil aged 10-20 years down to Rp 3,397.51/Kg.

InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom experienced a withdrawal (WD) with the highest offer at Rp 13,712/Kg on Thursday (January 16, 2025), marking a decrease of 1.22% or a drop of approximately Rp 169/Kg compared to the highest CPO price on Wednesday (January 14, 2025), which reached Rp 13,881/Kg.

InfoSAWIT, KUALA LUMPUR - The average price of crude palm oil (CPO) surged by 9.7 percent to RM4,179.50 per ton in 2024 compared to RM3,809.50 per ton in 2023, according to the Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.

InfoSAWIT, SAMARINDA – According to the results from the Fresh Fruit Bunch (FFB) Price Determination Team of East Kalimantan Province for the calculation of palm oil prices in Period I-January 2025 (January 1-15, 2025), the price for palm oil aged over 10 years has decreased by Rp 21.79/Kg to Rp 3,343.00/Kg.

InfoSAWIT, MEDAN – Based on the results from the Fresh Fruit Bunch (FFB) Price Determination Team of North Sumatra Province for the period of January 15-21, 2025, the price for palm oil aged 10 to 20 years has decreased by Rp 122.31/Kg to Rp 3,439.43/Kg.

InfoSAWIT, BUENOS AIRES – Soybean and corn crops in Argentina are facing a heatwave in the coming days that could potentially reduce yields, according to meteorologist German Heinzenknecht on Monday (January 13, 2025). Although rain is expected to fall this weekend, its impact is deemed insufficient to save the crops.