infoSAWIT News

InfoSAWIT, PALANGKA RAYA – Vice Governor of Central Kalimantan Province, H. Edy Pratowo led the meeting about Palm Oil Profit Sharing in 2023 in M Bahalap Hotel Palangka Raya, Friday (17/11/2023). In his speech, he mentioned that palm oil profit sharing is integral part of transfer to region or transfer ke daerah (TKD) that would be allocated according to percentage on the revenue from the out fee or levy on palm oil, crude palm oil, and or its derivative products.

InfoSAWIT, JAKARTA – For the fourth time, Indonesian Planters Society (IPS) did webinar with the theme ‘Fund and Management of Palm Oil Plasma Plantations’. In his speech, Chairman of IPS, Jamalul said that palm oil plantations laid about on 16,3 million hectares in 2022.

InfoSAWIT, JAKARTA – On 18 November in every year, palm oil planters celebrate "Hari Sawit Nasional” in Indonesia. The first celebration was on the field of Pusat Penelitian Kelapa Sawit (PPKS) Medan on 18 November 2017 by Indonesian Palm Oil Board (IPOB) and other related stakeholders. Hari Sawit Nasional is not only a celebration only but also the important moment to evaluate the progress and challenges in palm oil sector in this country.

InfoSAWIT, JAKARTA - Referring to the researches of Edi Werdiana and Zainal Mahmud, held in 2003, they suggested to choose the right intercrops. It starts from knowing the characteristic of them, such as, they are not higher than palm oil when growing, the root system and the main plantation will be in the soil and the space is in different soil.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 11.485/kg on Friday (17/11/2023). It means it decreased Rp 137/kg or about 1,18% compared to Thursday (16/11/2023) tender that was Rp 11.622/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased on Friday (17/11/2023). It stopped the increasing four previous rallies because soyoil got cheaper at Dalian Exchange and Chicago Board of Trade.

InfoSAWIT, PADANG – In the recent days, palm oil stick was the focus of independent smallholders who joined Sawitku Masa Depanku (SAMADE). It was successfully developed by SAMADE in Riau Province through micro, small, and medium business in Rumah Tamadun. It was the turn of independent smallholders joining SAMADE in West Sumatera Province for being interesting to do economic potential from palm oil stick.

InfoSAWIT, SOUTH TAPANULI – Palm oil plantation company, PT Austindo Nusantara Jaya Agri Siais (ANJAS), the subsidiary of PT Austindo Nusantara Jaya Tbk. (ANJ) distributed sustainable palm oil sale within premium price for the plasma smallholders in Sub district of Angkola Selatan, District of South Tapanuli through Koperasi Tani Binasari with the total Rp 126.522.013. It was symbolically handed over to the representative of Koperasi Tani Binasari in the Club House ANJA Siais, South Tapanuli on 14 November 2023.

InfoSAWIT, JAKARTA – Chairman of Board of Supervisor Asosiasi Petani Kelapa Sawit Indonesia (Apkasindo), Moeldoko said that smallholders’ palm oil plantations in forest regions would be the main issue to get smallholders replanting program (SRP). By the midst of 2023, SRP realization just reached 56% of the firt target that should actually lay on 500 thousand hectares.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 17 - 23 November 2023, it is decided that the 10 – 20 year old FFB is increasing Rp 36,3/Kg to be Rp 2.431,15/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 11.622/kg on Thursday (16/11/2023). It means, it got better Rp 72/kg or about 0,62% compared to Wednesday (15/11/2023) tender that was Rp 11.550/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price (RP) to decide out fee and tariff on Public Service Obligation Palm Oil Plantation Fund Management Agency (PFMA) or known as levy on 16 - 30 November 2023 would be US$ 750,54/metric ton (MT). The numbers escalated US$ 1,61 or 0,22 percent from the previous period (1 - 15 November 2023) that was US$ 748,93/MT.

InfoSAWIT, JAKARTA – Widya Erti Indonesia (WEI), the partner of Unilever, took part in "Smallholders Farm Visit and Program Discussion" in District of Simalungun and City of Medan, North Sumatera Province on Wednesday, 17 October 2023.

InfoSAWIT, SINGAPORE — Apical, one global scale palm oil industries, got the second rank in 2023 Sustainable Palm Oil Transparency Toolkit (SPOTT).

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased on Thursday, (16/11/2023) for soyoil got cheaper at Chicago Board of Trade.

InfoSAWIT, JAKARTA – Indonesia as the main palm oil producer in the world is always committed to improve palm oil governance. Ministry of Agriculture would do it through General Directorate of Plantation by having cooperation with PTPN (Perusahaan Perkebunan Nusantara) to be strategic step.

InfoSAWIT, JAKARTA - It is clear that people’s enthusiasm to plant palm oil is reasonable. Palm oil could give much profit and this is why they cultivate it. They also know that palm oil is easy to cultivate – being not cured, palm oil will grow itself. That rumor made the smallholders dare to cultivate palm oil though having less experiences.

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate FFB price in the first period - November 2023 (1 - 15 November 2023), the > 10 year old FFB is increasing Rp 66,63/kg to be Rp 2.174,53/Kg.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 15 - 21 November 2023, it is decided that the 10 – 20 year old FFB is increasing Rp 14,03/kg to be Rp 2.538,84/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was in withdraw (WD) with the highest bid Rp 11.550/kg on Wednesday (15/11/2023). It means CPO got increased Rp 50/kg or about 0,43% to Tuesday (14/11/2023) tender that was Rp 11.500/kg.