infoSAWIT News

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.300/kg on Thursday (19/10/2023). It means, it got better Rp 85/kg or about 0,75% compared to Wednesday (18/10/2023) tender that was Rp 11.215/kg.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 20 - 26 October 2023, it is decided that the 10 – 20 year old FFB is increasing Rp 28,34/Kg to be Rp 2.350,38/Kg.

InfoSAWIT, SOLO – Batik community in Kampoeng Laweyan keeps maintaining the cultural heritage in Indonesia. In cooperation with Roundtable on Sustainable Palm Oil (RSPO), Kampoeng Laweyan launched innovative initiative which is, training to make batik. The collaboration is about to get batik as a culture go forward while introducing environmental products to the markets.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased in the second session on Thursday (19/10/2023), reached the highest level in the past three weeks. It was supported by the expensive other vegetable oil price.

InfoSAWIT, PEKANBARU – Holding Perkebunan Nusantara III (Persero) has done one massive leap heading to realize digital palm oil plantation by having collaboration between its two subsidiaries, PT Perkebunan Nusantara V and PT Riset Perkebunan Nusantara. The two companies are developing sensory system in mill as part to escalate crude palm oil (CPO) production.

InfoSAWIT, KUALA LUMPUR – In October 2023, crude palm oil (CPO) price could be better than it when in September it was cheaper. When many hunters started bargaining, CPO price would be about RM 3.750 (equal to US$ 798) until RM 4.000 (or equal to US$ 851). Though there is still hope that CPO price would get better, some main factors could have something to stronger bullish.

InfoSAWIT, PALEMBANG – According to Fresh Fruit Bunch (FFB) Team of South Sumatera Province in the second period - October 2023 (15 - 31 October 2023), which was decided on Wednesday, 18 October 2023, the 10 – 20 year old FFB is getting cheaper Rp 24,97/Kg to be Rp 2.286,38/Kg. The next meeting would be on Wednesday, 8 November 2023.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.215/kg on Wednesday (18/10/2023). It means it got better Rp 100/kg or about 0,89% compared to Tuesday (17/10/2023) tender that was Rp 11.115/kg.

InfoSAWIT, NEW DELHI – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased on Wednesday (18/10/2023). It happened because of the increasing exports, increasing demands from China, and soyoil at Chicago Board of Trade got more expensive.

InfoSAWIT, KUALA LUMPUR – According to Customs of China, palm oil imports in the country increased 77,9% year on year in January to July 2023. These happened for the increasing palm cooking oil demands after there is no more lockdown just like years before.

InfoSAWIT, KUALA LUMPUR - Malaysian Palm Oil Association (MPOA) was disappointed because 2024 Budget ignored two significant requests that should actually become the factors to develop the industries.

InfoSAWIT, BEIJING – President Joko Widodo and President of Democratic Socialist Republic of Sri Lanka, Ranil Wickremesinghe met in China World Hotel, Beijing, People’s Republic of China on Tuesday, 17 October 2023. It was about to discuss real things to escalate cooperation between both countries. In the bilateral meeting, the two leaders discussed cooperation aspects in economy.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Tuesday, 17 October 2023 trade increased 43,32 points to be at level 6.939,62.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was in withdraw dengan with the highest bid Rp 11.115/kg on Tuesday (17/10/2023). It means it got better Rp 52/kg or increased about 0,46% compared to Monday (16/10/2023) tender that was Rp 11.063/kg.

InfoSAWIT, PONTIANAK – According to Fresh Fruit Bunch (FFB) Team of West Kalimantan to decide FFB price in the second period - October 2023, the 10 – 20 year old FFB is increasing Rp 9,18/kg to be Rp 2.265,00/Kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent, Riau Province on 18 - 24 October 2023, it is decided the 9 year old FFB is increasing Rp 20,43 /Kg to be Rp 2.432,64/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and FFB Documents for Plasma, Riau Province Number 41 on 18 - 24 October 2023, it is decided that 9 year old FFB is decreasing Rp 15,59/Kg to be Rp 2.456,43/kg.

InfoSAWIT, MEDAN – When many parties focused on palm oil industries, an initiative with full of spirit is on the way. "Sedikit-Sedikit Sawit" was a name of innovative workshop that was running at Pendopo Institut Teknologi Sawit Indonesia (ITSI). Many millennial students were curious about it. The theme was "Pembuatan Sabun Cair dan Padat Berbasis Sawit," It was conducted by the founder of Milenial Sawit Indonesia (MISI), Asmaul Habib Hasibuan.

InfoSAWIT, SINGAPORE – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased on Tuesday (17/10/2023) to the highest level since the past three weeks and the increasing exports when crude oil got cheaper that limited the increasing price.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price (RP) to decide out fee (OF) and tariff on Palm Oil Plantation Fund Management Agency (PFMA) or famously known as levy on 16 — 31 October 2023 would be US$ 740,67/metric ton (MT). The numbers decreased USD 86,70 or 10,48 percent from on 1 – 15 October 2023 which were US$ 827,37/MT.