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Increase Palm Oil Supply, Malaysia Plans to Cut Export Tax

Pamloilmagazine, KUALA LUMPUR – Ministry of Commodity, Malaysia proposed to cut half of palm oil export tax to fulfill the lack of vegetable oil supply in the globe and also increase palm oil markets from Malaysia.

 

As Other Vegetable Oil Prices, CPO Prices Drop

Pamloilmagazine, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange kept going on Tuesday (17/5/2022) with the long weekend. It decreased because...

Infrastructure Program Escalated Planters’ Competitiveness and Additional Values

Pamloilmagazine, JAKARTA – The helps of infrastructure allocated by the fund from Palm Oil Plantation Fund Management Agency (PFMA) consist of eight programs. The goals are to escalate the planters’ competitiveness and additional values.

 

Caught by The Attorney : Lin Che Wei – The Policy Whistler of Palm Cooking Oil

Pamloilmagazine, JAKARTA – After four suspects in palm cooking oil export permit facility were caught and arrested, The Attorney decided Lin Che Wei as known as (a.k.a.) Weibinanto Halimdjati as the suspect.

 

2 Witnesses Regarding CPO Export Crimes, Prosecutor's Office Starts Investigating

Pamloilmagazine JAKARTA – The Investigating Prosecutor Team, Directorate of Investigation of Junior Attorney General for Special Crime, The Attorney started investigating two witnesses that have something to do with the suspect of crude palm oil (CPO) and its derivative export permit facility corruption in January 2021 to March 2022 on behalf of four suspects, they are, IWW, MPT, SM, and PTS.

 

Utilizing Digital Technology, Ministry of Trade Launches MigorPeople

Pamloilmagazine, JAKARTA – Ministry of Trade and Enterprises are in synergy with palm cooking oil stakeholders and launched MigorRakyat program, Tuesday (17/5). It is about to sell bulk palm cooking oil at Rp14.000/liter and right on target – those who are in low economy.

 

As a Leading Vegetable Oil Producer in the World, Indonesia Must Play a Role

Palmoilmagazine, JAKARTA – In his description, Professor Pietro Paganini of University of Philadelphia and John Cabot University Rome, Italy explained that it is the right moment for Indonesia to play its role as vegetable oil producer leader in the world.

 

Developing Palm Oil Image in Indonesia, It's Time to Synchronize Narratives

Palmoilmagazine, JAKARTA – Palm oil industries face many challenges, such as, the negative campaign and foreign discriminative polices, such as from European Union.

 

Imbalance of Development – The Source of Palm Oil Issues

Palmoilmagazine, YOGYAKARTA – Chairman of Masyarakat Perkelapasawitan Indonesia (MAKSI), Darmono Taniwiryono said, palm oil in Indonesia has been developing for about 174 years, starting from 4 palm oil seeds were planted in Indonesia; 111 years from mills in industrial scale was developed to produce crude palm oil (CPO), and its derivative; and 36 years from smallholders’ plantations started developing fast.

Expensive Main CPO, India Plans to Get Soyoil for

PalmOilMagazine DUBAI – The increasing crude palm oil (CPO) price in the world urged the biggest CPO consumer, India to substitute it to be soyoil.

 

CPO Prices Rise, ANJ Net Profit Increases 261.9% in Q1-2022

Palmoilmagazine, JAKARTA – Palm oil plantation and agribusiness company, PT Austindo Nusantara Jaya Tbk (ANJ) announced the operational and financial work in 2022 by getting net profits up to US$ 11 million or increased 261,9% compared to the same period in 2021.

 

Export Ban Should be the Moment to Improve Palm Oil Governance

Palmoilmagazine, JAKARTA – The smallholders joining in Serikat Petani Indonesia (SPI) and Serikat Petani Kelapa Sawit (SPKS) on Thursday (12/5/2022) did discussion about palm oil issues in smallholders level in palm oil centers in Indonesia after the Regulation of Minister of Trade Number 22 / 2022 about Temporary Export Ban on Crude Palm Oil (CPO), Refined, Bleached and Deodorized Palm Oil, Refined, Bleached and Deodorized Palm Oleinand Used Cooking Oil, ran.

 

Biodiesel Does not Intervene Palm Cooking Oil Supply

Palmoilmagazine, JAKARTA - Asosiasi Produsen Biofuel Indonesia (APROBI) denied the accusation saying that biodiesel industries intervene palm cooking oil supply in this country.

 

It's Time for the Government to Improve Palm Oil and Fertilizer Management

PalmOilMagazine, ROKAN HULU – After Indonesia faced economic issues, such as, rare and expensive palm cooking oil, and rare biodiesel some time ago, Chairman of Serikat Petani Kelapa Sawit (SPKS) District of Rokan Hulu, Riau Province, Yusro Fadly said, this was not the good thing because Indonesia is the biggest crude palm oil (CPO) producer in the world and CPO is the material to process palm cooking oil (and biodiesel).

 

Cheaper CPO Prices for Soybean Prices

Palmoilmagazine, KUALA LUMPUR – Crude palm oil (CPO) price at Bursa Malaysia Derivative Exchange, Thursday (12/5/2022) got cheaper after it was increasing in the previous session. It happened because soyoil price at Chicago Board of Trade and crude oil at the Exchange Trade were also decreasing though the exports got increasing in the early days of May. This postponed the loss.

 

Officially Revoked by President Joko Widodo, CPO and its Derivatives Can be Exported Again

Palmoilmagazine, JAKARTA – After almost a week that the launching of petition to revoke crude palm oil and its derivative and palm cooking oil export ban ran, many stakeholders appreciated it.

 

SPKS: Thank you President Joko Widodo Exports are Re-opening

Palmoilmagazine, JAKARTA – On Thursday (19/5/2022) President Joko Widodo officially revoked crude palm oil (CPO) and its derivative and palm cooking oil export ban which would be effective on Monday (23/5/2022).

 

Let's Make Export Bans Introspection of Palm Oil Governance

Palmoilmagazine, JAKARTA – Though it is still hard and tough to go through the 28 days after crude palm oil (CPO) and its derivative and palm cooking oil export ban ran, which made smallholders’ fresh fruit bunch (FFB) get cheaper up to 70%, the smallholders kept went through and showed the commitment to live as part of the civilization.