Palmoilmagazine – The Government of Malaysia claimed, the country is about to help vegetable oil stakeholders in India to fulfill (crude) palm oil demands for the potential uncertain supply from the main supplier, Indonesia.
Palmoilmagazine, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange decreased more than 3% in the early trade, Thursday (4/8/2022), it happened for the over or increasing supply and export from Indonesia.
Palmoilmagazine, JAKARTA – The government should immediately adjust trade policies which postpone crude palm oil (CPO) and its derivative product export to deliver the smallholders’ fresh fruit bunch (FFB) price; and the over - capacity in many companies’ mills. What the government about to accelerate palm oil exports would be realized if the distorted polices, such as, domestic market obligation, domestic price obligation, and flush-out can be revoked.
Palmoilmagazine, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 10 - 16 August 2022, it is decided that the 10 - 20 year old FFB is getting better Rp 157,88/Kg to be Rp 2.366,26/Kg.
Palmoilmagazine, PADANG - According to Fresh Fruit Bunch (FFB) Team and FFB Documents of West Sumatera Province in the second period (8 - 14) August 2022, it is decided that the 10 - 20 year old FFB is Rp 2.268,34/Kg.
Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Wednesday (10/8/2022) was in withdraw (WD) status with the highest bid Rp 10.846/kg. It means, it got decreasing about Rp 154/kg compared to Tuesday (9/8/2022) tender which was Rp 11.000/kg.
Palmoilmagazine, PEKANBARU — According to Fresh Fruit Bunch (FFB) Team and FFB Documents of Riau Province on 10 - 16 August 2022, it is decided that 10 - 20 year old FFB is getting better Rp 98,86/Kg to be Rp 2.232,93/Kg.
Palmoilmagazine, PALEMBANG – According to Fresh Fruit Bunch (FFB) Team of South Sumatera Province in the first period – August 2022, decided on 9 July 2022 it is decided that the 10 - 20 year old FFB is getting better Rp 259,48/Kg to be Rp 1.865,92/Kg. The next meeting would be on Friday, 19 August 2022.
Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Tuesday (9/8/2022) got better to be Rp 11.000/kg. It means it increased Rp 200/kg compared to Monday (8/8/2022) tender which was Rp 10.800/kg.
Palmoilmagazine, JAKARTA – Based on the Decision of General Director of Foreign Trade Number 14/DAGLU/KEP/07 /2022 about the Decision of Volume Multiplier to Publish Export Approval on Crude Palm Oil, Refined, Bleached And Deodorized Palm Oil, Refined, Bleached And Deodorized Palm Olein, and Used Cooking Oil, it is decided that the multiplier ratio becomes 9 times from the previous only 7 times.
Palmoilmagazine, JAKARTA – The suspects of crude palm oil (CPO) and its derivative export facilitation corruption allegation would be in trial after The Attorney handed over the files of evidences which ran in January 2021 - March 2022 to the prosecutors.
Palmoilmagazine, JAKARTA – In a virtual press conference on Monday (1/8/2022), The Attorney decided two suspects of of Alleged Crime and Money Laundry by PT Duta Palma Group in District of Indragiri Hulu (Inhu). The suspects are RTR as the former Regent of Inhu in 1999 - 2008 and SD as the owner of PT. Duta Palma Group. In the money laundry case, the Attorney decided one suspect - SD.
Palmoilmagazine, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) on Monday (8/8/2022) got better to be Rp 10.800/kg. It means, it increased about Rp 400/kg compared to Friday (5/7/2022) tender which was Rp 10.400/kg.
Palmoilmagazine, SEKAYU – Fresh fruit bunch (FFB) in District of Musi Banyuasin (Muba), South Sumatera Province is in fluctuation though for the next one week, it seems there would be no significant change. Their FFB was once decreasing but started to increase in some middlemen. The independent smallholders mostly sold to the third side which is called middlemen or RAM.
Palmoilmagazine, JAKARTA –The report of palm oil and wood plantation company. PT Dharma Satya Nusantara Tbk (DSNG) in the second quarter of 2022, noted that its fresh fruit bunch (FFB) production showed recovery trend. It was seen from the end of 24 month – continuous impact of el – nino in East Kalimantan Province in the first quarter of 2022.
Palmoilmagazine, JAKARTA – The monthly report by Central Bureau of Statistic (CBS) Indonesia noted that in July 2022, the decreasing bulk palm cooking oil price was more significant that the decreasing packaged palm cooking oil price.
Palmoilmagazine, JAKARTA – In his official facebook blog, famous novelist who is very critical to what the Government of Indonesia published, Darwis or known as Tere Liye discussed about smallholders’ fresh fruit bunch (FFB).
Palmoilmagazine, JAKARTA - The government has targets and programs to develop bio-energy to fulfill energy supply in sustainable and environmental – base. Besides, this is about to realize zero emission in 2060 within adequate portion through the energy procurement system nationally.
