infoSAWIT News

InfoSAWIT, JAKARTA – Insurance Group MS & AD did inaugurate coral reefs transplantation in Pramuka Islan (25/10). Through insurance companies, MSIG or PT Asuransi MSIG Indonesia and Sinarmas MSIG Life, this would be the commitment to realize better quality of life.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 25 - 31 October 2023, it is decided that the 10 – 20 year old FFB is getting cheaper Rp 50,3/kg to be Rp 2.479,02/Kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 10.815/kg Wednesday (25/10/2023). It means it got cheaper Rp 85/kg or 0,77% compared to Tuesday (24/10/2023) tender that was Rp 10.900/kg.

InfoSAWIT, SINGAPORE - Crude palm oil (CPO) price at Malaysia Derivatives Exchange decreased for the third session in a row on Wednesday (25/10.2023) because Malaysia ringgit got increased, and other vegetable oils got cheaper.

InfoSAWIT, SURABAYA – Palm Oil Plantation Fund Management Agency (PFMA) did proactive thing by having Palm Oil Research and Development Program. It is about to reinforce, develop, and empower palm oil industries in Indonesia from upstream to downstream sectors. This starts from encouraging the will of students in Indonesia to have palm oil research, create foundation to develop these industries nationally and sustainably.

InfoSAWT, SURABAYA – Palm oil industries in Indonesia keep developing as the main actors by having 52 million tons of crude palm oil (CPO) production, involving 16,2 million workers. Of the numbers, 40 percent were used to domestic markets in fulfilling food needs, while 60 percent were exported to many countries in the world. In economic context in national scale, palm oil exports contributed about 10,20 percent or 29,66 billion dollars. This made palm oil as the vital sector to have economic progress in Indonesia.

InfoSAWIT, JAKARTA - Crude palm oil (CPO) price is mostly influenced by fundamental factors, such as, supply and demand, including crude oil and other vegetable oil prices.

InfoSAWIT, PAPUA – Indigenous people of Kiyura and Iwaka District of Mimika, Central Papua Province are struggling for their indigenous land rights where they have been living for centuries. But in the past 13 years, their land has been mastered by palm oil plantation company, PT Pusaka Agro Lestari (PAL). Thousand hectares of indigenous forests have been cut off. The forests where natural diversity grew such as, kayu besi merbau, lenggua motoa, and other vegetations, now turn to be palm oil plantations.

InfoSAWIT, SIAK KECIL – As the strategic ways to accelerate palm oil plantation development, Regent of Bengkalis, Kasmarni officially inaugurated socialization about Smallholders Replanting Program (SRP), Monday, 23 October 2023 in the office of Siak Kecil Sub district.

InfoSAWIT, JAKARTA – General Director of Plantation Ministry of Agriculture, Andi Nur Alamsyah said that Indonesia needs to defend its position as the biggest palm oil producer in the world. To realize it, some parties are still discussing re-introduction innovation in pollinating insect in palm oil plantations, particularly in species E kamerunicus that has morphologic characteristic and different molecule in Indonesia.

InfoSAWIT, JAKARTA – Palm oil industries have become the main pillars in sustainable development goals (SDGs) that should be realized in 2030. SDGs is the forms of sustainable development agreement based on human rights, equity, universal principles, integrity, and inclusivity.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 10.900/kg on Tuesday (23/10/2023). It means it got cheaper Rp 200/kg or about 1,8% compared to Monday (22/10/2023) tender that was Rp 11.100/kg.

InfoSAWIT, SINGAPURA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange decreased on Tuesday (24/10/2023) because of highly soyoil harvests in America and Malaysian ringgit got better though some increasing purchase limited the cheaper price.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team and FFB Document for Independent Smallholders Riau Province on 25 - 31 October 2023, it is decided that the 9 year old FFB is increasing Rp 37,73/Kg to be Rp 2.470,38/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team and FFB Document for Plasma Smallholders Riau Prvince Number 42 on 25 - 31 October 2O23, it is decided that the 9 year old FFB is increasing Rp 78,94  /Kg to be Rp 2.535,37/kg.

InfoSAWIT, JAKARTA - It is not easy to accelerate certification scheme namely if it relates to smallholders because there are lots of numbers of independent smallholders.

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.