infoSAWIT News

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.558 /kg on Monday (10/6/2024). It meant to get cheaper Rp 90/kg or about 0,71% compared to Friday (7/6/2024) tender that was Rp 12.648/kg.

InfoSAWIT, JAKARTA - Palm oil was famous in Europe in the 15^th century but the big scale – imports by slavery traders in Liverpool and Bristol started in the 19^th century. These traders were used to palm oil application in West Africa and they regularly purchased it as the food for the slaves that they sent to America.

InfoSAWIT, JAKARTA – As quoted from press conference by Coordinator Ministry in Economy Indonesia on 22 April 2021, palm oil as one plantation commodity, plays strategic roles to develop the economy in Indonesia. As the biggest palm oil producer in the world, these industries provided employment for 16 million workers both directly and indirectly.

InfoSAWIT, PAPUA – Palm oil plantations deliver not only economic impacts but also significantly burden social mission. Social advantages from palm oil plantation existence are not counted on even though these could be the big potential to get multiple advantages by having the same movement.

InfoSAWIT, PALEMBANG – Plantation Agency South Sumatera Province conducted 'Pelatihan Manajemen dan Administrasi Keuangan', Tuesday (4/6/2024). It was inaugurated by Head of South Sumatera Plantation Agency, Agus Darwa that emphasized that it would be important to get financial administration and management to confirm sustainability and long term – period (plantations) and organization, and also protect the union members’ interests.

InfoSAWIT, JAKARTA – Robert Hii, palm oil industrial observer and founder of independent web, CSPO Watch, emphasized the cost factor. He told that though palm oil is good to plant and develop in China and many know it, as a matter of fact, Malaysia and Indonesia have no concern about it. There is no explanation about the challenges, namely in workers’ salary but everything will have solution.

InfoSAWIT, MERAUKE –Some members of Majelis Rakyat Papua (MRP) South Papua Province said their aspiration in the visit of Vice President of Indonesia, Ma’ruf Amin to Merauke,

InfoSAWIT, OKI – Plant, Fish, and Animal Quarantine Agency South Sumatera (South Sumatera Quarantine) did assess Instalasi Karantina Tumbuhan (IKT) for palm kernel expeller (PKE) that would be exported to New Zealand. It was on 3 to 4 June 2024 in Regency of Ogan Komering Ilir (OKI), South Sumatera Province. IKT is one facility that the importer required to confirm the product quality.

InfoSAWIT, BALIKPAPAN – Small and medium business (SMB) products from palm oil as the material get more in kinds. One of them is project helmet which becomes the important part as safety standard to construct Ibu Kota Nusantara (IKN). To promote the use of palm oil SMB, Team of Palm Oil Plantation Fund Management Agency (PFMA) did visit to booth Otorita IKN in the Indonesia City Expo (ICE) 2024 in BSCC Dome Balikpapan on 6 June 2024.

InfoSAWIT, SINGAPORE - Golden Agri-Resources (GAR), a global scalae agribusiness palm oil company reported that the company got decreasing net profits 60% in the 2024 first quarter that ended in March 2024. The net profits just reached US$ 37 million compared to the same period last year because of the continuous cheaper crude palm oil (CPO) during the period.

InfoSAWIT, PALEMBANG – According to Fresh Fruit Bunch (FFB) Team of South Sumatera in the first periode - June 2024 (1 - 15 June 2024), decided on Friday, 7 June 2024, the 10 – 20 gets increased Rp 93,03/kg to be Rp 2.723,62/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.648 /kg on Friday (7/6/2024). It meant to increase Rp 141/kg or about 1,13% to Thursday (6/6/2024) tender that was Rp 12.507/kg.

InfoSAWIT, JAKARTA – Director of Finance, PT Austindo Nusantara Jaya Tbk. (ANJ), Nopri Pitoy said that the 2023 and first quarter 2024 performance of the company had something to do with some factors.

InfoSAWIT, ROHUL – Plantation and Livestock Agency Regency of Rokan Hulu (Rohul) did socialization about smallholders replanting program (SRP). It was sponsored by Palm Oil Plantation Fund Management Agency at Hotel Gelora, Thursday, 6 June 2024.

InfoSAWIT, JAKARTA – The elected President Prabowo Subianto emphasized his commitment to manage the abundant natural resources in Indonesia to be the products with higher additional values in this country and for the exports. One natural resource that is always mentioned as the promising one is (crude) palm oil.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 5-11 June 2024, it is decided that the 10 – 20 year old FFB is getting better Rp 12,38/kg to be Rp 2.896,20/Kg.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Proivnce on 7-13 June 2024, it is decided that the 10 – 20 year old FFB is getting escalated Rp 67/Kg to be Rp 2.828,27/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.507/kg on Thursday (6/6/2024). It meant to get escalated Rp 69/kg or about 0,55% to Wednesday (5/6/2024) tender that was Rp 12.438/kg.

InfoSAWIT, JAKARTA - Indonesia within kinds of natural resource, should actually get and realize its independent and sovereign food security. The government has published many regulations to maintain food security, including food backup – cultivation, price stability, quality, nutrition supervision, food security, and poverty alleviation program in vulnerable food – regions.

InfoSAWIT, JAKARTA - To positively deliver impacts for the environment, about 200 hectares areas – the former mining areas, parts of PT Simbiosis Karya Agroindustri (SISKA), the subsidiary of Buana Karya Bhakti Group, have been conjured to be useful green areas.