infoSAWIT News

InfoSAWIT, JAKARTA – Bumitama Gunajaya Agro (BGA) consistently show shows its commitment to implement sustainable principles and criteria by getting Roundtable on Sustainable Palm Oil (RSPO) certificate for its three subsidiaries.

InfoSAWIT, JAKARTA – Chairman of Indonesian Palm Oil Association (IPOA), Eddy Martono said that there has been adjustment to IPOA organization in 2023 -2028 to solve any challenge, for instance, there is section that deals with accelerating smallholders replanting program (SRP) to be one major focus of IPOA new coordinators.

InfoSAWIT, SERUYAN - Not only producing qualified palm oil, Wilmar Central Kalimantan Project also encourages young generations to get qualified education. Since one last decade, Yayasan Wilmar Bina Bangsa was established. Not only for the children of its workers, the people around have the chance to study in the school within lots of facilities.

InfoSAWIT, JAKARTA – Indonesian Palm Oil Association (IPOA) that deals with palm oil stakeholders should arrange, formulate strategies and encourage positive campaigns that press and corner palm oil sectors.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was withdraw (WD) with the highest bid Rp 11.677/kg on Wednesday (12/4/2023), it means, it decreased Rp 563/kg compared to Tuesday (11/4/2023) tender which was Rp 12.240/kg.

InfoSAWIT, JAKARTA – On 6 December 2022, European Union (EU) Commission, EU Parliament and EU Board came to a conclusion about European Union Deforestation Regulation (EUDR), which is a proposal of regulation to minimize deforestation and forest degradation which have something to do with some commodities, such as, palm oil, that would be imported or exported from and to EU. Though the new regulation is the big achievement to show its commitment to minimize deforestation in the globe, it would be risky for smallholders are not involved in supply chain.

InfoSAWIT, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 12 - 18 April 2023, it is decided that the 10 – 20 year old FFB is getting better Rp 0,17/Kg to be Rp 2.767,76/Kg.

InfoSAWIT, JAKARTA – The government in 2023 Expenditure allocated Palm Oil Plantation Profit Sharing that reached Rp 3,4 trillion. The numbers were from the agreement between the government and Indonesian Legislator Budget Agency as it is regulated in the Laws Number 28 / 2022 about 2023 Expenditure and President’s Regulation Number 130 / 2022 about the Details of 2023 Expenditure.

InfoSAWIT, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivatives Exchange got better for the second session, Tuesday (11/4/2023) for CPO stocks in the country in March 2023 got decreasing from the prediction but the decreasing exports in April postponed the increasing price.

InfoSAWIT, BOGOR – Global Environment Facility - Food Systems, Land Use, and Restoration (GEF-FOLUR) supports food system transformation in the globe by promoting sustainable and integrated landscape and efficient commodity supply chain.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got better to be Rp 12.240/kg on Tuesday (11/4/2023). It means, it increased Rp 37/Kg compared to Monday (10/4/2023) tender which was Rp 12.203/kg.

InfoSAWIT, JAKARTA – The government through Ministry of Finance decided palm oil profit sharing for palm oil producer regions. The numbers would be Rp 3,4 trillion from total allocation of palm oil profit sharing in 2023 Expenditure, that reached Rp 136,25 trillion.

InfoSAWIT, PEKANBARU – According to Fresh Fruit Bunch (FFB) Team and FFB Documents of Riau Province Number 15 on 12 - 18 April 2023, it is decided that the 10 – 20 year old FFB is gets better Rp 40,08/Kg to be Rp 2.769,57/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) at Bursa Malaysia Derivative Exchange got cheaper for the fourth session on Monday (10/4/2023) because many traders were waiting for export and production data for the first ten days in April 2023.

InfoSAWIT, MUMBAI – A survey to five palm oil traders that Reuters did, revealed that palm oil imports in India in March 2023 increased 28% from the previous in February 2023 which was the lowest level in the past eight months.

InfoSAWIT, JAKARTA – In every year, Palm Oil Plantation Fund Management Agency (PFMA) does Grant Riset Sawit (GRS) program. Before having Call for Proposal, PFMA would arrange the researches that would be priorities.

InfoSAWIT, JAKARTA – Last week PT Astra Agro Lestari Tbk., (AALI) the second biggest palm oil plantation company announced to point at independent consultant, Eco Nusantara to get further investigation of violation assumption to environment and human rights that its three subsidiaries might do in Central Sulawesi and West Sulawesi Province, Indonesia.

InfoSAWIT, JAKARTA – Director of Holding Perkebunan Nusantara PTPN III (Persero), Mohammad Abdul Ghani in focus group discussion (FGD) with Commission IV Indonesian Legislators, Wednesday (5/4/2023) told that the company would keep accelerating smallholders replanting program (SRP) as one strategic initiative of the groups to support national strategic program that the government planned.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) remained at Rp 12.203/kg on Monday (10/4/2023), It means it remained stable as it was on Thursday (6/4/2023) tender which was Rp 12.203/kg.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) remained at Rp 12.203/kg on Monday (10/4/2023), It means it remained stable as it was on Thursday (6/4/2023) tender which was Rp 12.203/kg.