infoSAWIT News

InfoSAWIT, JAKARTA – The viral investor, Lo Kheng Hong as the share owner of palm oil plantation company, ANJT that has 5,1%, also encouraged the corporate’s business. The subsidiary of crude palm oil (CPO) producer delivered loan to its two subsidiaries for about US$ 10 million.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team and FFB Documents of Riau Province Number 19 on 19 - 23 May 2023, it is decided that the 10 – 20 year old FFB is getting better Rp 87,53/Kg to be Rp 2.446,99/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price to decide Out Fee (OF) and tariff in Public Service Obligation on Palm Oil Plantation Fund Management Agency (PFMA) or export levy on 16 - 31 May 2023 would be US$ 893,23/metric ton (MT). The numbers get cheaper US$ 62,30 or decreased about 6,52% compared to on 1 – 15 May 2023 which was US$ 955,53/MT.

InfoSAWIT, JAKARTA – To keep encouraging smallholders replanting program (SRP) as the targets, General Directorate of Plantation Ministry of Agriculture established SRP Taskforce to accelerate SRP through the system or agency path that cover 100 thousand hectares.

InfoSAWIT, BOGOR – Plantation Agency Kutim just recently signed memorandum of understanding (MoU) with Ministry of Agriculture through General Directorate of Plantation and Palm Oil Plantation Fund Management Agency (PFMA) on Saturday (13/5/2023) at Hotel Salak The Heritage.

InfoSAWIT, PEKANBARU – Plantation Agency Riau Province targeted to implement smallholders replanting program (SRP) that lays about 10.550 hectares. Head of Plantation Agency Riau Province, Zulfadli through Head of Production Vera Virgianti said, the numbers would be from 10 districts and cities in Riau.

InfoSAWIT, JAKARTA – Some palm oil plantation companies’ shares are in premium price or expensive, such as, from SMAR, AALI, and FAPA.

InfoSAWIT, JAKARTA – Today’s share trade was full of melancholic drama. Once it was difficult to get morning trade, but in the afternoon, many smiled at.

InfoSAWIT, JAKARTA - Indeks Harga Saham Gabungan (IHSG) at Bursa Efek Indonesia (BEI) on Monday (15//5/2023) trade afternoon in the closing session, got better at 0,059%.

InfoSAWIT, JAKARTA – Minister of Agriculture, Syahrul Yasin Limpo (SYL) encouraged to develop palm oil production to be the substitution of fuel in low cost but should have high quality. He thought, palm oil could be processed to be diesel substitution within much cheaper cost.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got better to be Rp 10.536/kg on Monday (15/5/2023). It means, it increased Rp 61/kg compared to Friday (12/5/2023) tender which was Rp 10.475/kg.

InfoSAWIT, JAKARTA – Less than a week after European Union Deforestation Regulation (EUDR) was published by European Union (EU) Parliament to prevent deforestation, New York, a state of the United Nations, on 24 April 2023 inaugurated NY-TDPA which is a draft to protect tropical rain forests and human rights in other countries through the state and contractors.

InfoSAWIT, KAIRO – Minister of Trade Indonesian Republic, Zulkifli Hasan told that Indonesia and Egypt would always reinforce the profitable bilateral trade. For the last seven decades, Egypt has become one important partner to Indonesia’s trade in the global level. Egypt is the first country in Arab that acknowledged Indonesia’s independence. Minister Zulkifli told it when attending business forum that Egypt and Indonesian stakeholders (businessmen) did on Sunday (14/5/2023) in Kairo, Egypt.

InfoSAWIT, JAKARTA – According to Central Bureau of Statistic (CBS) or Badan Pusat Statistik (BPS) the main commodities in Indonesia got more expensive compared to the previous month or (MoM), such as, palm oil, nickel, and crude oil.

InfoSAWIT, JAKARTA – Oleochemical and oleofood are derivative products of vegetable oil. They are applied for industrial materials, including to produce health and industrial food products. One kind of oleochemical product from palm kernel oil is medium chain triglyceride (MCT).

InfoSAWIT, PONTIANAK – According to Fresh Fruit Bunch (FFB) Team of West Kalimantan Province to decided FFB price in the second period - May 2023, the 10 – 20 year old FFB is getting cheaper Rp 115,66/kg to be Rp 2.143,33/Kg.

InfoSAWIT, LONDON – In the Amsterdam Declarations Partnership (ADP) Meeting in London, Wednesday (10/5/2023), Director of Processing and Marketing of Plantation Result, General Directorate of Plantation, Ministry of Agriculture, Prayudi Syamsuri said that this would be the first dialogue to develop intensive communication to fulfill the changing policy in China.

InfoSAWIT, LONDON - Amsterdam Declarations Partnership (ADP) Meeting that was held in London Wednesday (10/5/2023) was very significant for the strategic theme discussed about palm oil supply chain from the producer to consumer countries in Europe. In the shot, Deputy in Agribusiness and Agriculture, Coordinator Ministry in Economy, Musdhalifah Machmud took every stakeholder to support Indonesia to escalate smallholders’ palm oil plantations to be more sustainable.

InfoSAWIT, JAKARTA – Green-house gas (GHG) emission is always taken as the factor that damages environment.

InfoSAWIT JAVA, ANYER – Java is not the island to be palm oil plantation center in Indonesia but it does not mean there is no palm oil plantations in the island.