infoSAWIT News

InfoSAWIT, JAKARTA – Ministry of Environment and Forestry (MF) Indonesian Republic did proactive things to solve the conflicts that involved palm oil plantation corporates.

InfoSAWIT, JAKARTA – Director of Finance PT Austindo Nusantara Jaya Tbk., (ANJ), Nopri Pitoy explained that the company got income about USD 176,7 million in the first nine months of 2023 (9M2023), decreased 12,5% compared to the same period las year. This happened for the cheaper average selling price of crude palm oil (CPO), palm kernel (PK)), and palm kernel oil (PKO). The net profits of ANJ decreased to be USD 80,2 thousand in 9M2023 from US$ 21,0 million in the same period last year. But in the quarter side, the net profits of the company positively developed.

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 November 2023 would be US$ 748,93/metric ton (MT).

InfoSAWIT, JAKARTA – Minister of External Affairs Indonesian Republic, Retno Marsudi delivered appreciation for Netherland for having projects of SustainPalm in Indonesia though there is discrimination from European Union to many commodities in Indonesia, particularly palm oil.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 1 - 7 November 2023, it decided that the 10 – 20 year old FFB is increasing Rp 28,89/kg to be Rp 2.507,91/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) had been stagnant or Rp 11.050/kg on Wednesday (1/11/2023). It means there was no change compared to it on Tuesday (31/10/2023) that was Rp 11.050/kg.

InfoSAWIT, SINGAPORE - Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased for the third session in a row on Wednesday (1/11/2023) because of the worry about increasing stock and cheaper vegetable oil price.

InfoSAWIT, JAKARTA – PT Austindo Nusantara Jaya Tbk. (ANJ/ANJT) announced the operational and financial performance in the first nine months of 2023 (9M2023). By the late of September 2023, ANJ got increasing fresh fruit bunch (FFB) production about 5,8% to be 654.997 metric tons (MT) compared to the same period last year that reached 619.311 MT.

InfoSAWIT, JAKARTA – El Nino this year raises challenges to stabilize food supplies and prices. The government has done some strategic things, such as, boosting production and food imports.

InfoSAWIT, JAKARTA – Sustainable funds keep increasing in demands significantly in the globe. These are positive ones. Data from Morningstar, Asset Under Management (AUM) sustainable funds reached more than US$ 3.1 trillion by June 2023, or escalated from US$ 2.8 trillion in FY 2022.

InfoSAWIT, JAKARTA – When trying to remain optimal productivity, the sale decreased 27,7% to be Rp 377,26 billion compared to 2022 one that reached Rp 521,54 billion in the same period. “The decreasing sale happened for the decreasing internal production in the same time with decreasing average selling price,” PT Cisadane Sawit Raya Tbk., mentioned as in the official statement to InfoSAWIT, Tuesday (31/10/2023).

InfoSAWIT, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province to calculate FFB price in the second period – October 2023 (16-31 October 2023), the > 10 year old FFB is increasing Rp 17,78/kg to be Rp 2.174,53/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.114/kg, Monday (30/10/2023). It means it got cheaper Rp 11/kg or about 0,09% compared to Friday (27/10/2023) tender that was Rp 11.125/kg.

InfoSAWIT, MEDAN – Palm oil industries in Indonesia keeps developing fast because Ministry of Agriculture and General Directorate of Plantation support. One successful key to realize sustainable economic development is by reinforcing regulation and good cooperation among every related party.

InfoSAWIT, KUALA LUMPUR – Ministry of Plantation and Commodity Malaysia did a big leap heading to sustainability by delivering investment almost RM 10 million to develop traceability system in palm oil supply chain industries.

InfoSAWIT, KUALA LUMPUR – New platform in traceability that Malaysian Palm Oil Board (MPOB) would launch, is believed to connect about almost 500 thousand smallholders in Malaysia. The platform would trace every transaction and help to obey criteria and condition to get certificate of sustainability.

InfoSAWIT, SEKAYU – In the recent days, Village of Talang Leban, Sub district of Batanghari Leko was shocked by a tragic event. Saturday, 21 October 2023 morning, a man called Ahmad Roni (42) was found dead in his own palm oil plantations. The victim, younger broter of Ali Idrus (48) was found in violence signs in his head. Many villagers were shocked and needed answers what happened behind the crime.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange was on the floor more expensive on Monday (30/10/2023) after it increased two sessions in a row. It also happened for the increasing price of other vegetable oils.

InfoSAWIT, JAKARTA – PT Pertamina and PT Garuda Indonesia officially for the first time launched commercial flight by using environmental fuel - Pertamina Sustainable Aviation Fuel (SAF) or bio aviation turbine (bio-avtur) on Friday, 27 October 2023,

InfoSAWIT, JAKARTA –Friday, 27 October 2023, PT Pertamina and PT Garuda Indonesia made new history in aviation industry of Indonesia by launching commercial flight using environmental fuel, Pertamina Sustainable Aviation Fuel (SAF) or bio-aviation turbin (bio-avtur) in palm oil base.