infoSAWIT News

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 11.115/kg on Thursday (4/1/2024). It means it got more expensive Rp 140/kg or about 1,27% compared to Wednesday (3/1/2024) tender that was Rp 10.975/kg.

InfoSAWIT, JAKARTA – Rumah Sawit Indonesia (RSI), the organization for palm oil stakeholders and smallholders that was officially legalized, is committed to be the partner of the government to formulate the policy(ies) in palm oil industries from upstream to downstream sectors.

InfoSAWIT, JAKARTA – Palm oil exports from Indonesia in HS group showed interesting pattern in 2022 within other palm oil (HS 15119000) becoming the biggest commodity contributing 81,79 percent to palm oil exports totally.

InfoSAWIT, JAKARTA – Many focuses on smallholders for they have lower plantation productivity. This is the challenge for smallholders to keep escalating theirs. Maintaining sustainability in palm oil sectors needs special attention in plantation productivity.

InfoSAWIT, JAKARTA –In 2018, palm oil plantations in Indonesia got wider fast in land use and crude palm oil (CPO) production did increase. They happened for the increasing palm oil companies and the plantations laid about on 14,33 million hectares.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was withdraw (WD) with the highest bid Rp 10.975/kg on Wednesday (3/1/2024). It means CPO got cheaper Rp 258/kg or about 2,29% compared to Friday (22/1

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was withdraw (WD) with the highest bid Rp 10.975/kg on Wednesday (3/1/2024). It means CPO got cheaper Rp 258/kg or about 2,29% compared to Friday (22/12/2023) tender that was Rp 11.233/kg.

2/2023) tender that was Rp 11.233/kg.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 3 - 9 January 2024, it is decided that the 10 – 20 year old FFB is gets cheaper Rp 21,04/kg to be Rp 2.518,25/Kg.

InfoSAWIT, SINGAPORE – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange got cheaper for the fourth session in a row on Wednesday (3/1/2024) and hit the lowest level in the past two months. This happened for the decreasing demands and cheaper soyoil.

InfoSAWIT, JAKARTA – Independent institution, ISPO Watch firmly condemned the products using palm oil free (POF) label in Indonesia. Coordinators of ISPO Watch thought, the government needs to exist and protect the markets in Indonesia and reject POF label in this country.

InfoSAWIT, JAKARTA – In December 2023, the farmers’ exchange rate (FER) in Indonesia increased 0,88 percent to the previous month that reached 117,76. FER os the price index comparison that the farmers got (FG) to price index that farmers paid (FP). This is the significant indicators to know the farmers’ buying capability in many villages.

InfoSAWIT, JAKARTA – Batik company in Yogyakarta, CV. Smart Batik Indonesia (Sm-art Batik) got its success as the batik industrial pioneer by having halal certificate in Indonesia. As one partner of micro small medium business (MSMB) of Palm Oil Plantation Fund Management Agency (PFMA), Sm-art Batik showed its high commitment on halal products.

InfoSAWIT, MUMBAI – Economic research institution, Global Trade Research Initiative (GTRI) released a report per 1 January 2024. It emphasized that India should remain highly import duty on agricultural commodities, such as, rice, to maintain self-sufficiency, and confirm food security in the country. According to the report, this would minimize its dependence on vegetable oil imports and improve the public health.

InfoSAWIT, JAKARTA – Palm Oil Plantation Fund Management Agency (PFMA) announced to make Grant Riset Sawit (GRS) 2024 Program. The goal is about to support research and development fund in research institutions in Indonesia. this would also escalate productivity, efficiency, and sustainability in palm oil industries.

InfoSAWIT, JAKARTA - It is not easy to become a planter particularly in the technology era. Planters should be adaptive to maintain plantation productivity highly. Just like Abdul Hamdan Nasution told who works as planter for decades.

InfoSAWIT, JAKARTA - Palm oil research after Palm Oil Plantation Fund Management Agency (PFMA) supports, would keep developing. Some research is in commercial process but in limited numbers still. The question remains, would the results of palm oil research stop without being adopted by the industries?

InfoSAWIT, JAKARTA - Indonesia, with the forest areas reaching 63% of the total land, did concrete thing to make sure the forest resource sustainability and escalate the environmental quality. The strong commitment from the people of Indonesia would be the base to guide strategic moves namely what General Directorate of Forestry Planning and Environmental Management (FPEM), Ministry of Environment and Forestry (MEF) has done.

InfoSAWIT, MUARA TEWEH – Regent of Barito Utara, H. Nadalsyah, did groundbreaking as the symbol to construct palm oil mill in Village of Bintang Ninggi I, Sub district of Teweh Selatan. The mill construction was the response to the increasing will of the people in palm oil cultivation in District of Barito Utara. It escalated fresh fruit bunch (FFB) production to be sold and processed.

InfoSAWIT, JAKARTA – The Ministry of Enterprises confirm that subholding PT Perkebunan Nusantara (PTPN), PalmCo would not launch initial public offering (IPO) in 2024. It was decided because there are lots to do and need solution to escalate the valuation of the company.

InfoSAWIT, PASER – Governor in duty of East Kalimantan, Akmal Malik acknowledged that the economic activity would deliver impacts for the society. One example is that public facility, such as the way for other interests, such as plantation transportation (palm oil) and mining transportation (coal) that pass through the public way in District of Paser.

InfoSAWIT, JAKARTA – By the of 2023, the Government of Indonesia should firmly act by delivering sanction to every company that uses ‘palm oil free’ (POF) label on their products, namely if theirs are sold in this country. It is the response to the rule break that Badan Pengawas Obat dan Makanan (BPOM) published.