infoSAWIT News

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).

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate FFB price in the first period - January 2024 (1 - 15 January 2024), it is decided that the > 10 year old FFB is increasing Rp 11,71/kg to be Rp 2.304,41/Kg.

InfoSAWIT, PETALING JAYA – In December 2023, palm oil stocks in Malaysia decreased 4,64%, or the lowest level in the past three months. This was generally the same with palm oil production. The increasing production because of El Nino in the last quarter of 2023 encouraged Malaysia got the highest level since 2018 or increased 0,16 million tons, from 5,11 million tons to be 5,27 million tons, compared to the same period in 2022.

InfoSAWIT, JAKARTA – Jambi Province where palm oil plantations develop for about 1.134.640 hectares, plays significant roles in plantation industries in Indonesia.

InfoSAWIT, JAKARTA – PT Union Sampoerna Triputra Persada (USTP), a national scale palm oil industry in Central Kalimantan Province invited qualified and excited individuals Tengahto join the company. With the commitment to be the best company, USTP implements "Operation Excellence" principle in each process to make sustainable palm oil as the main goal and take every worker, people, and partners to get success together.