Seeing Indonesia from Bangka Belitung Palm Oil
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Supported by PFMA : 235 Research Fields, 42 Patents and Six Books
Palmoilmagazine, JAKARTA – Industrial development should be supported by reliable research and so should palm oil plantation sector. Research is one foundation to keep running and support and develop the industries.
Dorab Mistry, Indonesian Government Should Export CPO
Palmoilmagazine, KUALA LUMPUR – In his open letter to some media, palm oil observer and also Director of Godrej International in India, Dorab Mistry urged the Government of Indonesia to immediately export crude palm oil (CPO) before it was banned for three weeks.
Supported by Expensive CPO Selling Price, Teladan Prima Agro's Net Profit Increases 488.2%
Palmoilmagazine, JAKARTA – The realization of one palm oil plantation in national scale, PT Teladan Prima Agro Tbk (TLDN) in the first quarter of 2022 got the net profits up to Rp 295,6 billion or increased 488,2% compared to 2021 in the same period. The income in the first quarter of 2022 reached Rp 836,4 billion or increased 43,9% compared to 2021 in the same period.
RAN KSB Needs Funds and Cooperation of Many Sectors
Palmoilmagazine, JAKARTA – Actually the implementation of President’s Instruction Number 6 / 2019 about Rencana Aksi Nasional Kelapa Sawit Berkelanjutan (RAN KSB) by related ministry/institution needs massive support fund. But in the early of 2020, the government prioritized to deal with Covid-19 and refocused the budget to many development programs, including President’s Instruction Number 6 / 2019.
Urge the Government to Publish KSB RAD
Palmoilmagazine, JAKARTA - Chairman of Secretariat Team of Rencana Aksi Nasional Kelapa Sawit Berkelanjutan (RAN KSB), Dedi Junaedi said, the government has supported RAN KSB through many programs based on its functions regulated in the Medium Term – Development Plans and the financial supports in the programs.
East Kalimantan FFB price will be announced Twice a Month
Palmoilmagazine, SAMARINDA – If in the previous fresh fruit bunch (FFB) price of plasma smallholders was published once a month, based on the FFB Team meeting in East Kalimantan, FFB price would be decided twice a month in the province.
Waiting for a clearer DMO: CPO prices are still rising
Palmoilmagazine, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange got increased, Wednesday (25/5/2022). This was the continuous increasing in the three sessions after the Government of Indonesia re-opened CPO exports.
Sustainable Palm Oil Scheme
Palmoilmagazine, JAKARTA - Indonesia has been implementing sustainable palm oil practice but it got popular since Roundtable on Sustainable Palm Oil (RSPO) scheme came up in 2004. Unfortunately, sustainable palm oil practice that RSPO initiated, was not in good response. It was assumed to immediately force sustainable practice and the responsibility is in upstream sector only.
RMT Number 33/2022 regarding Bulk Palm Cooking Oil
Palmoilmagazine, JAKARTA – The government through Ministry of Trade Indonesian Republic obliged every crude palm oil (CPO) exporter to obey bulk palm cooking oil program which is aimed for the people. Based on the new Regulation of Minister of Trade (RMT) published on Monday (23/5), bulk palm cooking oil commerce should be from domestic market obligation (DMO) of CPO.
Permit to CPO and Its Derivative Exports by RTM
Pamoilmagazine, Jakarta – Ministry of Trade published Regulation of Minister of Trade (RMT) Number 30 / 2022 about the Conditions of Crude palm oil (CPO), RBD Palm Oil, RBD Palm Olein, and ...
Increasing Rp 264,68/kg, FFB in North Sumatera on 25 May – 1 June 2022
Pamoilmagazine, MEDAN – According to Fresh Fruit Bunch (FFB) Team of North Sumatera Province on 25 May - 1 June 2022, it is decided that the 10 - 20 year old FFB is increasing Rp 264,68/Kg to be Rp 3.125,31/Kg.
Gets Cheaper Rp 222,82/Kg, FFB in East Kalimantan in June 2022
Pamoilmagazine, SAMARINDA – According to Fresh Fruit Bunch (FFB) Team of East Kalimantan Province in May 2022 to calculate FFB price in June 2022, it is decided that the more than 10 year old FFB is cheaper Rp 222,82/Kg to be Rp 3.354,87/Kg.
April - May 2022, Palm Oil Industries Flare Up: The Smallholders Got Loss
Palmoilmagazine, JAKARTA - By the late of April 2022, Indonesia’s palm oil industries hit the anti-climax because President Joko Widodo banned crude palm oil (CPO) and its derivative export. The world responded on it as the signal of the lack of CPO in the globe. As the result, CPO selling price which was at about US$ 1.380/ton, got more expensive in the next day (29/4) up to US$ 1.643/Ton.
Smallholders’ Proposals The Most in Infrastructure Program
Palmoilmagazine, JAKARTA – Director of Processing and Marketing of Plantation Product General Directorate of Plantation Ministry of Agriculture, Ade Trisunar said, of eight infrastructures, the smallholders could propose one infrastructure from their needs.
SSMS’ Net Profit Increased 162% in 2021
Palmoilmagazine, JAKARTA – Director of PT Sawit Sumbermas Sarana Tbk (SSMS), Nasarudin Bin Nasir said, as the economy starts to recover from the Covid-19 pandemic in this nation and in the globe, the company successfully maintained the positive operational and got more from the increasing trade volume that reached 29,72% year on year (yoy) or about Rp 5,20 billion.
The Traders Still Monitored DMO in Indonesia
Palmoilmagazine, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange, Tuesday (24/5/2022) increased for three days in a row. It happened for the smaller CPO production indication, the high exports, and the traders still monitored domestic market obligation (DMO) and domestic price obligation (DPO) in Indonesia.
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