infoSAWIT News

InfoSAWIT, JAKARTA – Controversy about palm oil industries in Indonesia re-raised again. This seriously raised concern from Santri Tani Nahdlatul Ulama (Santri Tani NU). The main focus is for the company in Indonesia, Korte Chocolate. It published its products with 'palm oil free' label. Established in Surabaya, East Java by Jeffry Lukito and Suhadi Nugraha in 2014, many focused on the company.

InfoSAWIT, JAKARTA - From the forecast experts in Geophysics, Climatology, Meteorology Agency (GCMA), the general conclusion is that this year there would be long period – dry season in Indonesia. It might happen about 3 – 7 months but the extreme one could be happening about 7 – 9 months. The peak dry season could be in August while the rain would fall down by the late of November or the early days of December 2023. The rain still falls down in some regions precisely in equatorial regions. Out of the equatorial regions, there would be longer dry season.

InfoSAWIT, KUALA LUMPUR – Palm oil imports in India could be increasing 26% to the highest level in 2022/23 that would end on 31 October because the recovery consumption and competitive price encouraged refinery to escalate their purchase in India as the biggest importer, as it was quoted from Reuters.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 29 December 2023 – 4 January 2024, the 10 – 20 year old FFB is getting better Rp 41,57/Kg to be Rp 2.459,45/Kg.

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan to calculate FFB price in the second period - December 2023 (16 - 31 December 2023), the > 10 year old FFB is getting better Rp 37,51/kg to be Rp 2.292,70/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price to decide out fee (OF) and tariff on Public Service Obligation Palm Oil Plantation Fund Management Agency (PFMA) or known as export levy on 1 — 15 January 2024 would be US$ 746,69/metric ton (MT). The numbers get smaller US$ 20,82 or 2,71 percent from on 16 — 31 December 2023 which was US$ 767,51/MT.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera on 27 December 2023 – 2 January 2024, it is decided that the 10 – 20 year old FFB is getting better Rp 21,58/kg to be Rp 2.539,29/Kg.

InfoSAWIT, JAKARTA – The Government of Indonesia keeps reinforcing its position as the biggest plantation commodity producer in the world. Palm oil develops the biggest.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased on Friday (29/12/2023) because other vegetable oil price got cheaper and the increasing Malaysia ringgit and reference contract price also got annual decreasing for the second time in row.

InfoSAWIT, SAMPIT – Regent of Kotawaringin Timur (Kotim), Central Kalimantan Province, Halikinnor would solve the issue abut palm oil stealing in many plantations in the region. He said that when having end year – evaluation meeting in District of Kotim with the regional forum. It was also attended by Indonesian Palm Oil Association (IPOA).

InfoSAWIT, JAKARTA – When the government wants to improve palm oil plantation/industrial governance, General Director of Plantation Ministry of Agriculture has done concrete things.

InfoSAWIT, JAKARTA – PT Kharisma Pemasaran Bersama Nusantara (KPBN) has become the main player in crude palm oil (CPO) trade in Indonesia particularly through the tender with PT Perkebunan Nusantara (PTPN) in this country. Though it does not cover every production in PTPN, KPBN confirmed the tender while others would be by direct selling.

InfoSAWIT, MAMUJU – The regional governments in West Sulawesi Province got additional budget from Ministry of Finance in 2023 but the realization could be said ‘slow’. The budget would be delivering big impacts for the local people.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased on Thursday (28/12/2023) after it increased for two sessions in a row. It happened for the cheap other vegetable oils though CPO production gets lower and stopped the losses.

InfoSAWIT, JAKARTA – A project, Trade, Development and the Environment Hub (TRADE Hub) was launched to reveal the impacts of deforestation in association with agricultural commodity trade in many tropical regions. According to its research, 35% deforestation in the globe happened for the demands on agricultural commodities globally.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province on 27 December 2023 – 9 January 2024, the 9 year old FFB is getting cheaper Rp 12,81/Kg to be Rp 2.512,71/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plasma and FFB Documents of Riau Province Number 51 on 27 December 2023 - 9 January 2024, it is decided that the 9 year old FFB is getting better Rp 28,72/Kg to be Rp 2.577,75/kg.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased for the second session on Wednesday (27/12/2023). It happened for other vegetable oils got more expensive though trade volume was low and burdened the markets.

InfoSAWIT, JAKARTA – Palm oil plantation company, PT Cisadane Sawit Raya Tbk (CSRA) remains discipline in cost and targets to get good business profits in 2023 though El Nino still happens. By the first nine months of 2023 (9M23), CSRA successfully maintained the income up to Rp 676,30 billion, though it decreased from Rp 765,16 billion in the same period last year.

InfoSAWIT, BENGKULU – Natural forest canopy in Bengkulu Province which was known as the Paradise of Rafflesia, now significantly gets narrower for the past 22 years.