infoSAWIT News

InfoSAWIT, PALEMBANG – According to Fresh Fruit Bunch (FFB) Team of South Sumatera Province in the second period - January 2024 (16 - 31 January 2024), decided on Thursday, 18 January 2024, the 10 – 20 year old FFB is increasing Rp 58,1/Kg to be Rp 2.356,15/Kg. The next meeting would be on Monday, 12 February 2024.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 19 - 25 January 2024, it is decided that the 10 – 20 year old FFB is increasing Rp 95,77/Kg to be Rp 2.542,69/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 12.000/kg on Thursday (18/1/2024). It means to increase Rp 100/kg or about 0,84% compared to Wednesday (17/1/2024) tender that was Rp 11.900/kg.

InfoSAWIT, JAKARTA – The claim to implement sustainable palm oil practices encourages palm oil companies in Indonesia to adopt sustainability schemes, such as, Roundtable on Sustainable Palm Oil (RSPO).

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 17 - 23 January 2024, it is decided that the 10 – 20 year old FFB is increasing Rp 101,94 /kg to be Rp 2.627,66/Kg.

InfoSAWIT, KUALA LUMPUR – In the latest report, OCBC Global Markets Research revised crude palm oil (CPO) price projection in 2024. It would be about RM 3.650 per ton. Prior the institution projected CPO would be about RM 3.400 per ton.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) escalated Rp 11.900/kg on Wednesday (17/1/2024). It means it got better Rp 40/kg or about 0,34% compared to Tuesday (16/1/2024) tender that was Rp 11.860/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders Riau Province on 17 – 23 January 2024, it is decided that the 9 year old FFB is escalating Rp 28,71/Kg to be Rp 2.523,43/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plasma and FFB Documents for Plasma Smallholders Number 02 on 17 - 23 January 2024, it is decided that the 9 year old FFB is escalating Rp 47,38/Kg to be Rp 2.613,70/kg.

InfoSAWIT, JAKARTA – The Government of Indonesia keeps encouraging to accelerate Indonesian Sustainable Palm Oil (ISPO) certificate to confirm that every palm oil plantation in Indonesia is sustainably cultivated. The latest data per 6 December 2023 revealed that 4,09 million hectares palm oil plantations in Indonesia qualified ISPO certificate within 42,59 million tons per year of fresh fruit bunch (FFB) production.

InfoSAWIT, KARACHI – In 2024 many industries in the globe would face big challenges that significantly have something to do with their performance. Five factors would be the main focuses to assess the potential impacts to the industries.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 11.860/kg on Tuesday (16/1/2024). It means, it increased Rp 75/kg or about 0,64% compared to Monday (15/1/2024) tender that was Rp 11.785/kg.

InfoSAWIT, KARACHI – Palm oil industries in Indonesia face the complex challenges that would significantly impact to the price and production in 2024. Dorab Mistri, Director of Godrej International Ltd, told some crucial factors that would have something to do with vegetable oil markets namely palm oil.

InfoSAWIT, KARACHI - Pakistan, as the big vegetable oil consumer in the world, seriously faces issues in fulfilling its domestic needs. It was told by Abdul Rasheed Janmohammed, CEO Westbury Group in Pakistan Edible Oil Conference (PEOC).

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price to decide out fee (OF) and tariff in Palm Oil Plantation Fund Management Agency (PFMA) or known as export levy on 16–31 January 2024 would be US$ 774,93/metric ton (MT). The numbers increase US$ 28,24 or 3,78 percent from on 1–15 January 2024 that was USD 746,69/MT.

InfoSAWIT, JAKARTA - Konsorsium Pembaruan Agraria (KPA) mentioned that agrarian conflicts in Indonesia escalated 12% in 2023, or about 241 conflicts increased from the previous year. In the end year report of 2023 that was released in South Jakarta, Monday (15/1), KPA identified that plantations were the main sources of conflicts within palm oil business as the main cause.

InfoSAWIT, KARACHI – In Pakistan Edible Oil Conference in Karachi on 14 January 2023, Chairman of Indonesian Palm Oil Association (IPOA), Eddy Martono said interesting projection that many countries were interested in (crude) palm oil (CPO) production in Indonesia. He thought the stagnant production would have something to do with export performance of the strategic commodity up to four percent in 2024.

InfoSAWIT, BOGOR – 59 students of Plantation Production Management and Technology (PMT) Vocational School of Institut Pertanian Bogor (IPB) took part in Pembinaan Mental Fisik Displin (Bintalfisdis) that Detasemen Polisi Militer 1/Kostrad (DENPOM Divisi 1 KOSTRAD) Bogor, West Java Province conducted on 15 - 18 January 2024. It would be part of their development that got scholarship from Palm Oil Plantation Fund Management Agency (PFMA) in 2023/2024.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was getting cheaper Rp 11.785/kg on Monday (15/1/2024). It means it decreased Rp 15/kg or about 0,13% compared to Thursday (11/1/2024) tender that was Rp 11.800/kg.

InfoSAWIT, JAKARTA – In 2017 - 2023, the Government of Indonesia implemented ambitious program which is smallholders replanting program (SRP). The initiative covered area allocation that laid about 306.486 hectares for 134.770 smallholders within fund distribution about Rp 8,5 trillion. SRP is the significant thing to develop palm oil plantations nationally with the fund support from Palm Oil Plantation Fund Management Agency (PFMA).