infoSAWIT News

InfoSAWIT, JAKARTA – There have two policies to accelerate palm oil downstream industrial development in Indonesia, they are, progressive tax rate fiscal policy which is adjustable with industrial supply chain; and tax incentive for new investment or oleofood, oleochemical, and biofuel industrial sector expansion.

InfoSAWIT, BELITUNG TIMUR – On Sunday, 18 June 2023, Agriculture Quarantine of Pangkalpinang through Port of Tanjung Pandan successfully gave services to export 1.500 tons of palm oil kernel.

InfoSAWIT, JAKARTA – Ministry of Industry focused to get palm oil downstream industrial policy run to create positive impacts for the economy in national scale.

InfoSAWIT, JAKARTA – The alternative to develop independent economy for independent smallholders, as a matter of fact, could positively deliver impacts. Many training programs ran for the increasing plantation productivity and their income besides fulfilling their other (daily) needs.

InfoSAWIT, JAKARTA – The opinion saying that palm oil plantation expansion to boost income is put aside after crude palm oil (CPO) gets cheaper. The smallholders should get the alternative to survive by developing independent economy.

InfoSAWIT, JAKARTA – Though the sustainable palm oil has been implemented since 2011 through the Regulation of Minister of Agriculture, No 19/Permentan/OT.140/3/2011, about Indonesian Sustainable Palm Oil (ISPO) guidelines, as a matter of fact, the certification process in the field is not realized as it is hoped.

InfoSAWIT, MUMBAI – Palm oil demands did not derive from India, China, and Bangladesh only but also Pakistan because the last name escalated palm oil purchse in Augustus and September 2023.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got cheaper to be at Rp 10.710/kg on Jumat (11/8/2023). It means it decreased Rp 100/kg compared to Thursday (10/8/2023) tender which was Rp 10.810/kg.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange got cheaper for the third session, Friday (11/8/2023), as other vegetable oils did too. This would be the third weekly losses.

InfoSAWIT, PEKANBARU – It was controversial when a mill worker in Riau Province, known as, RH (22) was arrested by police officers after a viral video showed that he was assumed to drape red and white flag to his dog. Many reacted for his action, including other workers where he was working at.

InfoSAWIT, JAKARTA - Palm oil plantation companies’ stock on Thursday, 10 August 2023 trade increased up to 13,56 percent. As Editorials of InfoSAWIT noticed, 15 palm oil plantation companies got increasing stock selling price.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) on Thursday, 10 August 2023 trade increased up to 0,26 percent. It increased 18,16 points to be at  level 6.893,28.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.810/kg on Thursday (10/8/2023). It means it got better Rp 65/kg compared to Wednesday (9/8/2023) tender which was Rp 10.745/kg.

InfoSAWIT, JAMBI – According to Fresh Fruit Bunch (FFB) Team of Jambi Province on 11 - 17 August 2023, it is decided that the 10 – 20 year old FFB is getting cheaper Rp 10,63/Kg to be Rp 2.333,02/Kg.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 9 - 15 August 2023, it is decided that the 10 – 20 year old FFB is getting cheaper Rp 28,52/Kg to be Rp 2.441,05/Kg.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange decreased on Thursday (10/8/2023) from the previous session. It happened for the traders still waited for the main data that Malaysian Palm Oil Board (MPOB) would announce and cargo surveyor would release.

InfoSAWIT, JAKARTA – Four years ago, Abdul Latif Manik drastically changed after suffering from stroke. The thing is that he positively accepts what he was facing. He never sees his physical performance as the end of everything but in the contrary, Abdul Latif Manik chose to develop his inside power and improve himself day after day.

InfoSAWIT, JAKARTA – Chairman of Koperasi Karya Indah who is also Coordinator of Forum Komunikasi Koperasi Sertifikasi East Kutai, Widyo Anwar said, without every stakeholder’s support in East Kutai, his institution would never get Indonesian Sustainable Palm Oil (ISPO) and Roundtable on Sustainable Palm Oil (RSPO) certificates.

InfoSAWIT, JAKARTA - Minister of Environment and Forestry Indonesia, Siti Nurbaya said that for the past nine years or since 2015, Indonesia always commits to reduce green – house gas (GHG) emission and delivers obligatory documents to secretariat of United Nations Framework Convention on Climate Change (UNFCCC), such as, Third National Communication; 2nd and 3rd Biennial Update Report; First Nationally Determined Contribution (1st NDC); Updated NDC; and Long Term Long Term Strategy Low Carbon and Climate Resilience 2050. She also told that the negotiation result in Glasgow in 2021, many countries were urged to reinforce the target of NDC 2030 by the late of 2022.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be at Rp 10.745/kg Wednesday (9/8/2023). It means it got better Rp 25/kg compared to Tuesday (8/8/2023) tender that was Rp 10.720/kg.