infoSAWIT News

InfoSAWIT, MINAHASA – To escalate the understanding and participation of every planter in the implementation of Indonesian Crude Palm Oil (CPO) Exchange, Commodity Futures Trading Supervisory Agency (CFTSA) Ministry of Trade did literacy forum to discuss about general description about Indonesian CPO Exchnage within clear and deep understanding about trade transaction that was delivered by the experts.

InfoSAWIT, PEKANBARU – Asosiasi Petani Kelapa Sawit Inti Rakyat (Aspekpir) West Kalimantan Province claimed to be ready and support smallholders replanting program that Sub Holding PalmCo supported.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price (RP) to decide Out Fee and tariff in Palm Oil Plantation Fund Management Agency (PFMA) or known as export levy on 16 - 31 December 2023 got cheaper to be US$ 767,51/metric ton (MT). The numbers decreased US$ 27,63 or 3,47 percent from on 1 - 15 December 2023 that was US$ 795,14/MT.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.110/kg on Friday (15/12/2023). It means it got more expensive Rp 16/kg or about 0,14% to Thursday (14/12/2023) tender that was Rp 11.094/kg.

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate FFB price in the first period - December 2023 (1 - 15 December 2023), the > 10 year old FFB is getting cheaper Rp 5,78/kg to be Rp 2.255,19/Kg.

InfoSAWIT, JAKARTA – Palm oil plantation industry that was only in one province now develops to operate in 24 provinces and the plantations laid on about 16,381 million hectares from only 261.000 hectares. But in the last four years, the decreasing production should be a serious threat. It needs action fast to stop the decreasing production.

InfoSAWIT, PAPUA – The representatives of Badan Pengawasan Keuangan dan Pembangunan (BPKP) West Papua Province did focus group discussion about Specific Goal of Audit result or hasil Audit Tujuan Tertentu (ATT) about palm oil industrial governance and revenue optimization in 2023. It was hybrid where the participants attended directly and online.

InfoSAWIT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivative Exchange continued the increasing price in the early trade on Friday (15/12/2023). It was supported by the decreasing production in December 2023 in the main producer countries because of dry season and decreasing stocks.

InfoSAWIT, JAKARTA - Covid-19 in the early of 2020 could decrease crude palm oil (CPO) production. In 2021 CPO production decreased 1,36 percent to 2020 to be 45,12 million tons.

InfoSAWIT, MINAHASA – Vice Minister of Trade, Jerry Sambuaga emphasized that the government would commit to encourage crude palm oil (CPO) exchange through Commodity Futures Trading Supervisory Agency (CFTSA) Ministry of Trade as one superior commodity in Indonesia. Palm oil has strategic roles to mobilize the trade and economy nationally.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 15 - 21 December 2023, it is decided that the 10 – 20 year old FFB is decreasing Rp 35,26/Kg to be Rp 2.394,43/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.094/kg on Thursday (14/12/2023). It means it got cheaper Rp 31/kg or about 0,28% compared to Wednesday (13/12/2023) tender that was Rp 11.125/kg.

InfoSAWIT, JAKARTA – On 6 December 2022, European Union Commission published European Union Deforestation Regulation that the deadline would be in the early of 2025. But the regulation would not be immediately implemented for micro, small, and medium businesses (MSMB) in Europe but would be effective in June 2025 or one semester later than the time for other countries.

InfoSAWIT, JAKARTA - Indonesia, as the biggest palm oil producer in the world now seriously faces the challenges in sustainable production. European Union Deforestation Regulation (EUDR) becomes the main discussion. The government, stakeholders, and economist pay attention to it.

InfoSAWIT, BANGKA – Central Bureau of Statistic (CBS) District of West Bangka just released complete results of agricultural census of 2023. It delivered comprehensive description about agricultural landscape in the district and showed that palm oil business was the top one in personal agricultural business of 10 commodities the most.

InfoSAWIT, JAKARTA – Data released by Central Bureau of Statistic (CBS) revealed that palm oil plantations in land used and crude palm oil (CPO) production in 2028 significantly escalated compared to years before. It happened for the increasing administrator palm oil plantation companies that made the plantations laid on to be 14,33 million hectares.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.200/kg on Tuesday (12/12/2023). It means it got more expensive Rp 77/kg or about 0,69% compared to Monday (11/12/2023) tender that was Rp 11.123/kg.

InfoSAWIT, MUMBAI – Crude palm (CPO) contract price at Malaysia Derivatives Exchange increased for the third session in a row on Tuesday (12/12/2023). It happened for soyoil got more expensive and the prediction to get decreasing supply.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province Number 26 on 13 - 19 December 2O23, it is decided that the 9 year old FFB is getting cheaper Rp 56,40/Kg to be Rp 2.463,72/kg.

InfoSAWIT, MEDAN – On 7 - 9 December 2023, Indonesian Planters Society (IPS) got the visit from 30 Malaysia’s planters in The Incorporated Society of Planters (ISP) Malaysia. In the visit the planters from the two organizations did field visit to the plantation of PT Socfindo and PT Perkebunan Nusantara IV.