infoSAWIT News

InfoSAWIT, JAKARTA - In the past few years, China substituted its palm oil import composition such as, the country mostly imported shortening to substitute RBD Palm Olein (PL) in food production. It is predicted that the country imported about 600 thousand tons shortening in 2022 for the goal. But Desmond Ng told, the numbers were not enough to compensate the decreasing PL imports. It meant palm oil demands from food sector got lower about 620 thousand tons in 2022.

InfoSAWIT, JAKARTA – Ministry of Trade through its representative in Saudi Arabia, gets more intensive to struggle for its mainstay products, such as, palm cooking oil and its derivatives.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got cheaper to be Rp 11.100/kg, Monday (23/10/2023). It means it got decreased Rp 55/kg or about 0,49% to Friday (20/10/2023) tender that was Rp 11.155/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange got cheaper 1% on Monday (23/10/2023). It happened for other vegetable oils and crude oil got cheaper though export data showed increasing and Malaysian ringgit got cheaper.

InfoSAWIT, SAMARINDA – Data released by Plantation Agency East Kalimantan Province revealed that palm oil plantations in the province laid about 89,59 percent from the total plantations that laid about 1,57 million hectares.

InfoSAWIT, JAKARTA – Minister of Agriculture in duty, Arief Prasetyo Adi and the officials of Ministry of Agriculture got coordination with the member of Ombudsman RI, Yeka Hendra Fatika about public service monitoring in food and agriculture sectors in the office of Ministry of Agriculture (20/10/2023).

InfoSAWIT, JAKARTA – In the coordination meeting in the office of Ministry of Agriculture between Minister of Agriculture in duty, Arief Prasetyo Adi and member of Ombudsman RI, Yeka Hendra Fatika, it was revealed to get synergic public service in food and agriculture sectors.

InfoSAWIT, JAKARTA - Oil World mentioned that sunflower oil production in the globe in 2022/23 would be increasing 6,8%, while the last stock increased 27,2% to be 4,5 million tons, increased from the previous year that reached 3,5 million tons.

InfoSAWIT, BANDA ACEH – In palm oil industry, efficient operational would be successful key. One crucial concept to this understanding is indirect operational cost (IOC). It refers to indirect spent that had something to do with main process in a company but it is significant to know the good financial and business sustainability.

InfoSAWIT, JAKARTA – Director of Indonesian Commodity and Derivative Exchange (ICDX), Nursalam said physical crude palm oil (CPO) trade was firstly running since it was launched last week.

InfoSAWIT, JAKARTA – Head of Commodity Futures Trading Supervisory Agency (CFTSA), Didid Noordiatmoko emphasize that CFTSA wanted to confirm that crude palm oil (CPO) exchange started operating live on Friday (20/10). He told it when attending Go Live CPO trading transaction through Indonesian CPO Exchange at the office of Indonesian Commodity and Derivative Exchange (ICDX).

InfoSAWIT, ACEH – Palm oil industry really depends on fresh fruit bunch (FFB) quality in producing crude palm oil (CPO). The FFB quality would play significant roles to determine CPO quality as well.

InfoSAWIT, ACEH – Crude palm oil (CPO) industry is one economic pillar of many palm oil producer countries in the world. In this industry index P (performance index) is the major factor to successful assessment of a company. P index consists of some significant components that would reflect vital aspects in palm oil production and distribution.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange booked its weekly increasing price on Friday (20/10/2023). It happened because export data got increased and crude oil got more expensive and balanced some vegetable oils that got cheaper.

InfoSAWIT, JAKARTA – Holding Perkebunan Nusantara (PTPN Holding), one advance Enterprises in Indonesia keeps confirming its commitment to develop and manage qualified human resources.

InfoSAWIT, JAKARTA – Indonesia showed its commitment to reduce green – house gas (GHG) emission, just as same as the global agreement written on Enhanced Nationally Determined Contribution (E-NDC). To reduce GHG emission 32% or 358 million tons CO2 in 2030, the Government of Indonesia tries its best to realize the target 41% or 446 million tons CO2 with the helps from many countries.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.155/kg, Friday (20/10/2023). It means it got cheaper Rp 145/kg or about 1,29% compared to Thursday (19/10/2023) tender that was Rp 11.300/kg.

InfoSAWIT, JAKARTA - Indonesian Crude Palm Oil (CPO) Exchange got its first trade on Friday (20/10/2023). Unfortunately, the trade was no crowd.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 18 - 24 October 2023, it is decided that the 10 – 20 year old FFB is increasing Rp 65,83/kg to be Rp 2.484,05/Kg.

InfoSAWIT, COLOGNE – More than 70 participants from many sectors, such as, politics, industries, people gathered in Sustainable Palm Oil Forum in ANUGA 2023 Exhibition. It was initiated by German Initiative on Sustainable Cocoa (GISCO) and Forum for Sustainable Palm Oil (FONAP). It was the important discussion about free deforestation - palm oil and cocoa production