infoSAWIT News

InfoSAWIT, JAMBI - 235 smallholders from Jambi and West Sumatera Province participated to get training and technical development in partnership that oleh Sub Holding Perkebunan PT Perkebunan Nusantara (PTPN) III (Persero), PTPN IV PalmCo. conducted, in collaboration with Asosiasi Petani Kelapa Sawit Inti Rakyat (Aspekpir).

InfoSAWIT, KUALA LUMPUR – Malaysia won the case about palm oil discriminatory against European Union that was sentenced by World Trade Organization (WTO).

InfoSAWIT, BALI – Coordinator Minister in Maritime and Investment, Luhut Binsar Pandjaitan prioritized to escalate the efficiency in palm oil plantation governance by getting budget about Rp 172 trillion that could potentially be a waste. He thought, the audit result from Badan Pengawasan Keuangan dan Pembangunan (BPKP) showed that many aspects were inefficient still in palm oil management in Ministry of Environment and Forestry (MEF).

InfoSAWIT, JAKARTA – Ahmad Juang Setiawan, a climate researcher of Traction Energy Asia was sorry for the climate change impact for palm oil production – as the main material of palm cooking oil. He thought, climate change crisis, such as, flood, drought, smoke from fire in the forests and areas, damaged palm oil plantation productivity, made shift of harvest season, decreased quality, plant damage, and even potentially made the plants dead.

InfoSAWIT, JAKARTA – 2023 was the hottest temperature year in the globe. Vice Chair Working Group I, Intergovernmental Panel on Climate Change (IPCC) who is also a professor at Meteorology, Climatology of National Innovation and Research Agency or Badan Riset dan Inovasi Nasional (BRIN), Prof. Edvin Aldrian, told that the increasing temperature in the globe reached 1,52 Celsius degree. It suppassed the limit decided on Paris Agreement that should be 1,5 Celsius degree. This meant worrying escalation in the climate change globally.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 8 - 14 March 2024, it is decided that the 10 – 20 year old FFB is getting better Rp 52,64/Kg to be Rp 2.702,37/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.595/kg on Thursday (7/3/2024). It means it got cheaper Rp 36/kg or about 0,29% to Wednesday (6/3/2024) tender that was Rp 12.631/kg.

InfoSAWIT, BANDUNG – The Government of Indonesia did concrete things to escalate palm oil human resource capacity and capability. Besides smallholders replanting program (SRP) and infrastructure program that Palm Oil Plantation Fund Management Agency (PFMA) manages, the institution also allocated fund to develop human resources, including scholarship and trainings for planters.

InfoSAWIT, BANDUNG – Palm oil significantly keeps contributing for the economy of Indonesia though it faces challenges in 2023 price. Data released by Central Bureau of Statistic showed that the economic progress in Indonesia in the period reached 5,05 percent. The highest increasing sectors were transportation and warehousing that reached 13,96 percent. But agricultural, forestry, and fishery sectors including palm oil production positively developed 1,30 percent, significantly contributed to the economic progress.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 6 - 12 March 2024, it is decided that the 10 – 20 year old FFB is gets increased Rp 73,94/kg to be Rp 2.735,05/Kg.

InfoSAWIT, JAKARTA – Palm oil plantations in Indonesia laid on about 16,38 million hectares in 2023. The numbers were the same with the data at Ministry of Agriculture. This is the same with the increasing demands globally on vegetable oils and the derivative products. But to fulfill the needs, palm oil stakeholders need to keep increasing annual production.

InfoSAWIT, KUALA LUMPUR - Dorab Mistry, a veteran dealer in vegetable oil industries mentioned, stagnant production and lack of stock would be the main factors for palm oil to be more expensive in this very short. He predicted, palm oil production in Indonesia, as one biggest producer in the world would decrease about one million tons in 2024, while the production in Malaysia would be flat.

InfoSAWIT, MUMBAI – Palm oil imports to India in February 2024 drastically decreased to the lowest level in nine months. It was reported by six dealers to Reurters. Tuesday. It happened for the increasing price and encouraged buyers to reduce tropical oil purchase and substituted to purchase sunflower oil.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.631/kg on Wednesday (6/3/2024), It means it increased Rp 86/kg or about 0,69% to Tuesday (5/3/2024) tender that was Rp 12.545/kg.

InfoSAWIT, JAKARTA – Stock price of PT Astra Agro Lestari Tbk. (AALI) keeps decreasing since the early of 2024. In one month, it got correction about 4,55%. It could be seen in annual performance. AALI stocks got correction about 2,85% year-to-date (ytd).

InfoSAWIT YOGYAKARTA – Until now, many foreign media always describe palm oil as the factor of issues, for instance, deforestation.

InfoSAWIT, JAKARTA - There would be two big agenda for Dida Gardera, they are, about to publish the new Indonesian sustainable Palm Oil (ISPO) regulation; and realize smallholders replanting program (SRP).

InfoSAWIT, JAKARTA – To optimize palm oil plantations and escalate planters’ income, Ministry of Agriculture in cooperation with General Directorate of Plantation and General Directorate of Food Plantation, implemented Kelapa Sawit Tumpang Sari Tanaman Pangan (Kesatria) Program. It focuses on paddy gogo and corn among palm oil tress in replanting program.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders on 6 – 12 March2024, the 9 year old FFB is getting better Rp 73,75/Kg to be Rp 2.763,24/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and FFB Documents Number 09 on 6 - 12 March 2024, it is decided that the 9 year old FFB is getting better Rp 46,95/Kg to be Rp 2.780,13/kg.