infoSAWIT News

InfoSAWIT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased on Friday (13/10/2023) because ringgit Malaysia got cheaper, and the increasing demands from China. It also happened that Indonesia as the main CPO producer in the world confirmed that Indonesia would not oblige every export activity should be from Indonesian CPO exchange to minimize the worry about supply pressure.

InfoSAWIT, JAKARTA – Indonesia as the number one crude palm oil (CPO) producer in the world by producing 47 million tons of CPO and get export value about US$ 30 billion. But the success could not hide that the fact, CPO price in the world is still decided by Malaysia and Rotterdam. While Indonesia stays still and has no comment.

InfoSAWIT, JAKARTA – Indonesia is a crude palm oil (CPO) leader in the globe which also becomes the backbone of economy in palm oil industries. Though its contribution reached more than 50% of the world needs, Indonesia could not decide its own CPO price. More than that, CPO price always refers to Forward Rotterdam and Malaysia Derivatives Exchange.

InfoSAWIT, JAKARTA – Prior Ad Hoc Joint Task Force (JTF) on European Union Deforestation Regulation (EUDR) was established to solve some issues and identify the best solution about EUDR implementation that Indonesia and Malaysia would face.

InfoSAWIT, JAKARTA - District of Paser, East Kalimantan Province has had palm oil plantations according to Regional Spatial Plan about 398.945 hectares. From the numbers in 2020, 215.614,60 hectares were developing for plantations such as, palm oil (201.168,42 hectares) or 93,3%. The rests, 6,7% were rubber, coffee, coconut, and other plantations.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 13 - 19 October 2023, it is decided that the 10 – 20 year old FFB is getting cheaper Rp 36,97/Kg to be Rp 2.359,01/Kg.

InfoSAWIT, JAKARTA - Palm oil plantation companies’ stocks at Bursa Efek Indonesia (BEI) trade on Thursday, 12 October 2023 got increased up to 2,65 percent. NSSS led it and four others did too.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Thursday, 12 October 2023 trade increased 3,40 points to be at level 6.935,15.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.745/kg, Thursday, (12/10/2023). It means it got better Rp 79/kg or increased about 0,73% compared to Tuesday (10/10/2023) tender that was Rp 10.666/kg.

InfoSAWT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased on Thursday (12/10/2023), after Indonesia as the main palm oil producer confirmed that export activity is not the obligation through exchange.

InfoSAWIT, JAKARTA – Civil society coalition in Indonesia that consists of CSOs, independent smallholders, labors in palm oil companies, indigenous people, local communities, female and male that represented stakeholders that got impact from the implementation of European Union Deforestation Regulation (EUDR) in Indonesia, did welcome the good initiative among Indonesia, Malaysia, and European Union to establish joint task force (JTF).

InfoSAWIT, PEKANBARU –Regional office of National Land Agency (NLA) Riau Province did launching of Smallholders Participative Map Pilot Project in Riau on Wednesday, 11 October 2023 in Hotel Pangeran Pekanbaru, Riau. It was part of cooperation between Ministry of Agrarian Affairs and Spatial/National Land Agency and Serikat Petani Kelapa Sawit (SPKS) to get smallholders’ participative map so that the smallholders would have area certificate.

InfoSAWIT, SAMARINDA – East Kalimantan is a province well known to have many natural resources, encouraged to get palm oil downstream sector development. This policy is part of palm oil plantation development strategies and the solution for independent smallholders to get additional values from their plantations.

InfoSAWIT, JAKARTA - The technology keeps developing and changing man’s life style and work. In addition, the society gets into Society 5.0 era where physical room meets virtual world. For agronomists, this era would have big challenges particularly to harmonize agricultural sectors with Society 5.0.

InfoSAWIT, TOKYO – Apical, one advanced and developing vegetable oil industry in the world, and Asian Agri, one biggest palm oil producer in Indonesia, took participation in JaSPON x RSPO Conference and Members Engagement Forum in Japan on 11 - 12 October 2023.

InfoSAWIT, JAKARTA - Palm oil plantation companies’ stocks on Wednesday, 11 October 2023 trade increased up to 6,56 percent. Stocks of GZCO increased 6,45 percent, surpassed others.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Wednesday, 11 October 2023 trade increased 9,56 points to be at level 6.931,75.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.666/kg on Wednesday (11/10/2023). It means, it got better Rp 41/kg or increased about 0,38% to Tuesday, (10/10/2023) tender that was Rp 10.625/kg.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 11 - 17 October 2023, it is decided that the 10 – 20 year old FFB is getting cheaper Rp 43,09/kg to be Rp 2.418,22/Kg.

InfoSAWIT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivative Exchange on Wednesday (11/10/2023) trade, increased. It was decreasing to the lowest level for the past three and a half months. The increasing price happened for the increasing soyoil price while hoping that the export would be increasing too.