infoSAWIT News

InfoSAWIT. JAKARTA – The Government of Indonesia has its strong commitment to reduce green-house gas (GHG) emission as same as the consensus globally which was written in the document of Enhanced Nationally Determined Contribution (E-NDC). The ambitious target would cover GHG emission reduction up to 32% or 358 million tons CO2 within its own effort and 41% or 446 million tons CO2 with other countries’ help in 2030.

InfoSAWIT, JAKARTA – Ministry of Energy and Mineral Resource (EMR) Indonesian Republic and Netherland Embassy has got Renewable Energy and Climate Summit Indonesia-Netherlands (RECSIN) in Hotel Ritz Carlton Jakarta from 9 to 13 October 2023.

InfoSAWIT, KUALA LUMPUR – Malaysian Palm Oil Bard (MPOB) on Tuesday (10/10/2023) reported that palm oil stocks in the country increased to its highest level in the past eleven months by September 2023. This is a concern to palm oil demands.

InfoSAWIT, JAKARTA - Palm oil plantation companies’ stocks kept getting increasing selling price on Tuesday, 10 October 2023 trade. This time it increased up to 1,81 percent which was led by CSRA.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Tuesday, 10 October 2023 trade increased 30,73 points or 0,45 percent to be at level 6.922,19.

InfoSAWIT, PALEMBANG – According to Fresh Fruit Bunch (FFB) Team of South Sumatera Province in the first period - October 2023 (1 - 15 October 2023), which was decided on Tuesday, 10 October 2023, the 10 – 20 year old FFB is getting cheaper Rp 33,26/Kg to be Rp 2.311,35/Kg. The next meeting would be on Wednesday, 18 October 2023.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 10.625/kg on Tuesday (10/10/2023). It means, it got cheaper Rp 152/kg or about 1,4% compared to Monday (9/10/2023) tender that was Rp 10.777/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province for independent smallholders on 11 - 17 October 2023, it is decided that the 9 year old FFB is getting cheaper Rp 11,71/Kg to be Rp 2.412,21/kg.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and FFB Documents of Riau Province Number 40 on 11 - 17 October 2O23, it is decided that the 9 year old FFB is getting cheaper Rp 10,81/Kg to be Rp 2.472,02/kg.

InfoSAWIT, JAKARTA – PT. Garuda Indonesia, Indonesian airlines got new history in aviation industry by finishing series of bio – aviation turbine (bio-avtur) test in vegetable oil – base including in classifying sustainable aviation fuel (SAF). Bio-avtur has substance from palm kernel oil (J2.4) and successfully tested in commercial aviation of Garuda Indonesia B737-800NG PK-GFX with the machine CFM56-7B.

InfoSAWIT, JAKARTA – The deadly accident in Village of Bangkal, District of Seruyan, Central Kalimantan Province where police officers were involved in repressive action in peaceful demonstration by villagers of Bangkal, encouraged members of Serikat Petani Kelapa Sawit (SPKS) to deliver 8 (eight) opinion and supports to solve the issue.

InfoSAWIT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange got cheaper on Tuesday (10/10/2023) trade to the lowest level for the last three and a half months because it was afraid that Malaysia got over supply and the production could be much bigger than September 2023 exports.

InfoSAWIT, JAKARTA - Environmental, Social, and Governance (ESG) become the principles or standards in business and company management to measure the risk levels of (a) company’s operational besides financial factors. Though many palm oil companies do not know about ESG, the existence of ESG changed the palm oil companies’ business operational in Indonesia.

InfoSAWIT, JAKARTA – The increasing Indeks Harga Saham Gabungan (IHSG) level on Monday, 9 October 2023 trade also escalated the increasing palm oil plantation companies’ stocks selling price. As Editorials of InfoSAWIT noticed at Bursa Efek Indonesia (BEI), nine of them got increasing stock selling price. At BEI, stocks of JARR were the highest up to 5 percent.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Monday, 9 September 2023 trade increased 2,94 points to be at level 6.891,46.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.777/kg, Monday (9/10/2023). It means it got better Rp 147/kg compared to Friday (6/10/2023) tender that was Rp 10.630/kg.

InfoSAWIT, PALEMBANG – Serikat Petani Kelapa Sawit (SPKS) recently participated in Gebyar UKMK in palm oil base that Palm Oil Plantation Fund Management Agency (PFMA) did in Palembang Indah Mall, Palembang, South Sumatera Province on 29 September to 1 October 2023.

InfoSAWIT, PALANGKARAYA – According to Fresh Fruit Bunch (FFB) Team of Central Kalimantan Province in the first period (1 - 30 September 2023) to decide FFB price in October 2023, the 10 – 20 year old FFB is increasing Rp 11,72 /Kg to be Rp 2.352,81/Kg. The next meeting to decide October 2023 price would be on Monday, 6 November 2023 in Palangka Raya, Central Kalimantan.

InfoSAWIT, PONTIANAK – According to Fresh Fruit Bunch (FFB) Team of West Kalimantan Province in the first period - October 2023, the 10 – 20 year old FFB is is increasing Rp 32,33/kg to be Rp 2.255,82/Kg.

InfoSAWIT, MUMBAI – Crude palm oil (CPO) contract price at Malaysia Derivatives Exchange increased on Monday (9/10/2023) after it got decreased 4,4% last week. It happened because there was hope that palm oil biodiesel demands would be increasing for crude oil got more expensive.