infoSAWIT News

InfoSAWIT, MEDAN – Based on the latest price determination by the North Sumatra Province’s Fresh Fruit Bunch (FFB) Price Determination Team for the period of November 6-12, 2024, the price of FFB aged 10-20 years has increased by IDR 151/kg, reaching IDR 3,575/Kg.

InfoSAWIT, JAKARTA — Doris Monica Sari Turnip, representing the Director of Processing and Marketing of Plantation Products (PPHP Bun), affirmed the government’s commitment to ensuring that community plantation development aligns with principles of profitability, respect, and responsibility.

InfoSAWIT, JAKARTA — The micro, small, and medium enterprise (MSME) Rumah Tamadun has achieved remarkable success by transforming palm leaf waste into high-value products. Known for its signature product, the "Palm Leaf Bag," Rumah Tamadun exemplifies resilience and adaptability in a competitive market, standing out in four key areas: market durability, sustainable use of local raw materials, creativity, and social and environmental impact.

InfoSAWIT, JAKARTA — Director General of New Renewable Energy and Energy Conservation (EBTKE), Eniya Listiani Dewi, highlighted the government’s commitment to accelerating the energy transition and reducing greenhouse gas emissions at the Indonesia Energy Transition Dialogue (IETD) 2024 in Jakarta. Eniya emphasized that the government is moving forward aggressively with green energy policies.

InfoSAWIT, JAKARTA – Dorab Mistry, Director of Godrej International, has presented his outlook on palm oil production and pricing trends for 2024-25, forecasting limited growth and price increases driven by aging plantations, stagnant land expansion, and the slow adoption of new technology in the industry.

InfoSAWIT, JAKARTA – As one of the world's largest palm oil producers, Indonesia plays a crucial role in the biofuel, food, and oleochemical industries. Currently, Indonesia’s palm oil contributes around 23% of global vegetable oil production and 58% of the world's palm oil output.

InfoSAWIT, PALEMBANG – The price of Fresh Palm Fruit Bunches (TBS) in South Sumatra (Sumsel) has increased by IDR 87.99 per kilogram for the 10-20 year old palm category, as confirmed by the Provincial Palm Oil Pricing Team. The new rates were set for the period of November 1-15, 2024, with prices officially announced on Friday, November 8, 2024. The new price for palm oil from trees aged 10 to 20 years is now IDR 3,356.86 per kilogram.

InfoSAWIT, CENTRAL SULAWESI – The investigation into PT Astra Agro Lestari Tbk (AALI) has intensified as Central Sulawesi’s Prosecutor's Office (Kejati Sulteng) questioned Daniel Paolo Gultom, the Head of Finance Division for Astra Agro Lestari’s Holding, over alleged fund transfers from PT Rimbunan Alam Sentosa (RAS) to Astra Agro Lestari. The examination lasted from 9:20 AM to 5:30 PM WITA on Thursday (Nov 7).

InfoSAWIT, JAKARTA – The crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom saw an increase of 0.65% on Thursday, November 7, 2024, with CPO trading at IDR 15,430 per kilogram, up by IDR 100 from Wednesday’s price of IDR 15,330 per kilogram.

InfoSAWIT, JAKARTA – Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, expressed optimism that the B40 biodiesel program will officially launch on January 1, 2025. B40 is a biofuel blend consisting of 40% palm oil (CPO) and 60% diesel. This new program follows the successful implementation of B35, which blends 35% palm oil with diesel.

InfoSAWIT, JAKARTA — As the world’s largest palm oil producer, Indonesia currently cultivates 16.8 million hectares of palm oil. The industry is a major pillar of Indonesia's economy, contributing US$37.76 billion in exports in 2022 and US$29.54 billion in 2023. However, with increasing export demand and ambitious plans under the Indonesian Biodiesel Program, palm oil expansion remains a pressing issue.

InfoSAWIT, JAKARTA – Indonesia’s Palm Oil Farmers Union (SPKS) has commended President Prabowo Subianto’s decision to cancel non-performing debts for micro, small, and medium enterprises (MSMEs) within the agricultural, plantation, livestock, fishery, and marine sectors. This initiative was formalized under Government Regulation (PP) No. 47 of 2024, signed by President Prabowo at the State Palace on November 5, 2024.

InfoSAWIT, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose to Rp 15,330/kg on Wednesday (November 6, 2024), marking a slight increase of 0.13% or around Rp 20/kg compared to the previous day’s price of Rp 15,310/kg.

InfoSAWIT, JAKARTA — Indonesia’s Meteorology, Climatology, and Geophysics Agency (BMKG) has released its latest report, the Climate Outlook 2025, outlining anticipated weather patterns across Indonesia for the coming year. This forecast is intended as a reference for national and regional governments, as well as various sectors, to guide climate-related planning and development.

InfoSAWIT, JAKARTA – Edi Oloan Pasaribu, a member of Indonesia’s House of Representatives Legislative Body (Baleg), reaffirmed the commitment of the DPR to establish legislation that benefits all stakeholders within the palm oil sector. This new regulatory framework aims to address the interests of independent farmers, plasma farmers, and corporations alike, all of which contribute significantly to Indonesia’s economy as one of the largest non-oil export sectors.

InfoSAWIT, PONTIANAK — In a move to enhance the capabilities of independent oil palm farmers, the Provincial Office of Plantation and Livestock in West Kalimantan has inaugurated a new training program. On Monday (November 4, 2024), Head of the Plantation and Livestock Office, Heronimus Hero, SP., M.Si, officially opened the Indonesia Sustainable Palm Oil (ISPO) Certification Assistance Training in Pontianak.

InfoSAWIT, JAKARTA — Minister of Villages, Development of Disadvantaged Regions, and Transmigration (PDTT), Yandri Susanto, recently welcomed representatives from the Central Leadership Council of the Indonesian Palm Oil Villages Association (DPP ADeSI) at the Sasana Manggala Praja Building, Halim Perdanakusuma Airport in Jakarta. During the meeting, ADeSI presented its vision for enhancing village development based on palm oil potential and addressing the specific challenges faced by villages within palm plantation areas.

InfoSAWIT, JAKARTA — In a determined step toward curbing illegal palm oil plantations in forest zones, Indonesia's Ministry of Forestry, in collaboration with the Financial and Development Supervisory Agency (BPKP), reaffirmed its commitment to taking decisive action. On Friday (Nov 1, 2024), Forestry Minister Raja Juli Antoni and BPKP Head Muhammad Yusuf Ateh met at the BPKP office to discuss firm measures to address the environmental and economic damage caused by illegal palm operations.

InfoSAWIT, CENTRAL MAMUJU — A suspected liquefaction incident occurred in Saloadak Village, Tobadak District, Central Mamuju Regency, West Sulawesi, on Friday (Nov 1), causing a piece of heavy machinery involved in a road repair project to sink into the suddenly softened ground, complicating evacuation efforts.

InfoSAWIT, JAKARTA - The push to establish 20% smallholder palm oil plantations in Seruyan has become increasingly complex, triggering a host of unintended issues, including a rise in illegal activities. Despite overlapping regulations from three different ministries, implementation has often led to confusion and unproductive clashes on the ground.