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CPO Prices at KPBN Inacom Rise by 0.65% on Thursday (7/11), Slight Dip in Malaysian Palm Oil Market

CPO Prices at KPBN Inacom Rise by 0.65% on Thursday (7/11), Slight Dip in Malaysian Palm Oil Market

InfoSAWIT, JAKARTA – The crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom saw an increase of 0.65% on Thursday, November 7, 2024, with CPO trading at IDR 15,430 per kilogram, up by IDR 100 from Wednesday’s price of IDR 15,330 per kilogram.

 

Minister of Energy Optimistic About B40 Biodiesel Program Launch in January 2025

Minister of Energy Optimistic About B40 Biodiesel Program Launch in January 2025

InfoSAWIT, JAKARTA – Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, expressed optimism that the B40 biodiesel program will officially launch on January 1, 2025. B40 is a biofuel blend consisting of 40% palm oil (CPO) and 60% diesel. This new program follows the successful implementation of B35, which blends 35% palm oil with diesel.

 

Palm Oil Moratorium Needed for Sustainable Governance in Biodiesel Era

Palm Oil Moratorium Needed for Sustainable Governance in Biodiesel Era

InfoSAWIT, JAKARTA — As the world’s largest palm oil producer, Indonesia currently cultivates 16.8 million hectares of palm oil. The industry is a major pillar of Indonesia's economy, contributing US$37.76 billion in exports in 2022 and US$29.54 billion in 2023. However, with increasing export demand and ambitious plans under the Indonesian Biodiesel Program, palm oil expansion remains a pressing issue.

 

President Prabowo’s Debt Relief for MSMEs Gains Praise from Palm Oil Farmers Union

President Prabowo’s Debt Relief for MSMEs Gains Praise from Palm Oil Farmers Union

InfoSAWIT, JAKARTA – Indonesia’s Palm Oil Farmers Union (SPKS) has commended President Prabowo Subianto’s decision to cancel non-performing debts for micro, small, and medium enterprises (MSMEs) within the agricultural, plantation, livestock, fishery, and marine sectors. This initiative was formalized under Government Regulation (PP) No. 47 of 2024, signed by President Prabowo at the State Palace on November 5, 2024.

 

CPO Prices Edge Up Slightly at KPBN Inacom on Wednesday, Malaysia Market Also Sees Rise

CPO Prices Edge Up Slightly at KPBN Inacom on Wednesday, Malaysia Market Also Sees Rise

InfoSAWIT, JAKARTA — The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom rose to Rp 15,330/kg on Wednesday (November 6, 2024), marking a slight increase of 0.13% or around Rp 20/kg compared to the previous day’s price of Rp 15,310/kg.

 

BMKG Forecasts No Climate Anomalies for 2025, Rainfall Expected to be Predominantly Normal

BMKG Forecasts No Climate Anomalies for 2025, Rainfall Expected to be Predominantly Normal

InfoSAWIT, JAKARTA — Indonesia’s Meteorology, Climatology, and Geophysics Agency (BMKG) has released its latest report, the Climate Outlook 2025, outlining anticipated weather patterns across Indonesia for the coming year. This forecast is intended as a reference for national and regional governments, as well as various sectors, to guide climate-related planning and development.

 

Indonesian Parliament's Legislative Body Advocates for Fair Palm Oil Regulation

Indonesian Parliament's Legislative Body Advocates for Fair Palm Oil Regulation

InfoSAWIT, JAKARTA – Edi Oloan Pasaribu, a member of Indonesia’s House of Representatives Legislative Body (Baleg), reaffirmed the commitment of the DPR to establish legislation that benefits all stakeholders within the palm oil sector. This new regulatory framework aims to address the interests of independent farmers, plasma farmers, and corporations alike, all of which contribute significantly to Indonesia’s economy as one of the largest non-oil export sectors.

 

West Kalimantan Launches ISPO Certification Training to Strengthen Independent Farmers' Capacity

West Kalimantan Launches ISPO Certification Training to Strengthen Independent Farmers' Capacity

InfoSAWIT, PONTIANAK — In a move to enhance the capabilities of independent oil palm farmers, the Provincial Office of Plantation and Livestock in West Kalimantan has inaugurated a new training program. On Monday (November 4, 2024), Head of the Plantation and Livestock Office, Heronimus Hero, SP., M.Si, officially opened the Indonesia Sustainable Palm Oil (ISPO) Certification Assistance Training in Pontianak.

 

Ministry of Villages and ADeSI Collaborate to Empower Palm Oil Villages

Ministry of Villages and ADeSI Collaborate to Empower Palm Oil Villages

InfoSAWIT, JAKARTA — Minister of Villages, Development of Disadvantaged Regions, and Transmigration (PDTT), Yandri Susanto, recently welcomed representatives from the Central Leadership Council of the Indonesian Palm Oil Villages Association (DPP ADeSI) at the Sasana Manggala Praja Building, Halim Perdanakusuma Airport in Jakarta. During the meeting, ADeSI presented its vision for enhancing village development based on palm oil potential and addressing the specific challenges faced by villages within palm plantation areas.

 

Ministry of Forestry and BPKP Commit to Crack Down on Illegal Palm Plantations in Forest Areas

Ministry of Forestry and BPKP Commit to Crack Down on Illegal Palm Plantations in Forest Areas

InfoSAWIT, JAKARTA In a determined step toward curbing illegal palm oil plantations in forest zones, Indonesia's Ministry of Forestry, in collaboration with the Financial and Development Supervisory Agency (BPKP), reaffirmed its commitment to taking decisive action. On Friday (Nov 1, 2024), Forestry Minister Raja Juli Antoni and BPKP Head Muhammad Yusuf Ateh met at the BPKP office to discuss firm measures to address the environmental and economic damage caused by illegal palm operations.

 

Suspected Liquefaction Phenomenon Strikes Village in West Sulawesi, Sinking Heavy Equipment

Suspected Liquefaction Phenomenon Strikes Village in West Sulawesi, Sinking Heavy Equipment

InfoSAWIT, CENTRAL MAMUJU — A suspected liquefaction incident occurred in Saloadak Village, Tobadak District, Central Mamuju Regency, West Sulawesi, on Friday (Nov 1), causing a piece of heavy machinery involved in a road repair project to sink into the suddenly softened ground, complicating evacuation efforts.

 

Conflicting Regulations Stall Smallholder Palm Oil Development, Creating Complex Social Challenges

Conflicting Regulations Stall Smallholder Palm Oil Development, Creating Complex Social Challenges

InfoSAWIT, JAKARTA - The push to establish 20% smallholder palm oil plantations in Seruyan has become increasingly complex, triggering a host of unintended issues, including a rise in illegal activities. Despite overlapping regulations from three different ministries, implementation has often led to confusion and unproductive clashes on the ground.

 

Civil Society Organizations Uncover Agrarian Conflict and Human Rights Violations in Bangkal Seruyan

Civil Society Organizations Uncover Agrarian Conflict and Human Rights Violations in Bangkal Seruyan

InfoSAWIT, JAKARTA - Three civil society organizations, Transformasi untuk Keadilan (TuK INDONESIA), the Association of Indigenous Peoples' Defenders of the Archipelago (PPMAN), and WALHI Central Kalimantan, have unveiled the dark side of an agrarian conflict in Bangkal Seruyan, Central Kalimantan.

East Kalimantan Advances Green Development Commitment to Protect Tropical Forests and Promote Sustainability

East Kalimantan Advances Green Development Commitment to Protect Tropical Forests and Promote Sustainability

InfoSAWIT, SAMARINDA - The province of East Kalimantan (Kaltim) is solidifying its commitment to green development principles as part of a strategic effort to preserve tropical forests and support environmental sustainability. During the 10th anniversary celebration of the Yayasan Konservasi Alam Nusantara (YKAN), themed "Green Collaboration for a Sustainable Nusantara," East Kalimantan's Secretary, Sri Wahyuni, emphasized that green development is not just an option but an essential strategy to protect the planet and ensure a thriving ecosystem for future generations.

 

Palm Oil Sector Drives Economic Growth in Indonesia’s Remote Regions**

Palm Oil Sector Drives Economic Growth in Indonesia’s Remote Regions**

InfoSAWIT, JAKARTA - The development of Indonesia’s palm oil sector continues to significantly impact the economy in remote areas, according to Ignatius Ery Kurniawan, Chief Editor of InfoSAWIT. He highlighted that the presence of palm oil plantations has empowered rural regions to become more advanced, with the potential to grow into towns or even provinces in the future, although this transformation could take decades.

 

GPPI Promotes Sustainable Palm Oil Plantation Management for Farmer Welfare and Rural Economy

GPPI Promotes Sustainable Palm Oil Plantation Management for Farmer Welfare and Rural Economy

InfoSAWIT, JAKARTA – As part of an inclusive development vision, palm oil plantation management will continue to prioritize a balance between economic growth and community welfare. The sustainable synergy between the palm oil business and local communities remains a commitment to support a more prosperous rural economy.

 

CWE Polytechnic Strengthens Palm Oil Human Resources, Supports Sustainable Production Increase

CWE Polytechnic Strengthens Palm Oil Human Resources, Supports Sustainable Production Increase

InfoSAWIT, JAKARTA - Nugroho Kristono, Director of Citra Widya Edukasi (CWE) Palm Oil Polytechnic, emphasized the crucial role of higher education institutions in building skilled human resources for Indonesia’s palm oil industry. CWE, the nation’s sole polytechnic dedicated to palm oil education, has established itself as a reliable center for palm oil training thanks to the active involvement of its dedicated founders.

 

Sustainable Palm Oil Plantations Driving Rural Economic Growth

Sustainable Palm Oil Plantations Driving Rural Economic Growth

InfoSAWIT, JAKARTA – As a significant contributor to Indonesia's natural resource sector, the palm oil industry plays a vital role in advancing the economies of various regions, particularly in remote rural areas. The development of palm oil plantations not only optimizes land use but also creates tangible socio-economic impacts that gradually improve the welfare of local communities.

 

CPO Tender at KPBN Inacom Got Increased on Thursday (31/10)

CPO Tender at KPBN Inacom Got Increased on Thursday (31/10)

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 14.888/kg on Thursday (31/10/2024). It meant to get increased 0,53% or about Rp 78/kg to Wednesday (30/10/2024) tender that was Rp 14.810/kg.

 

CPO RP in November 2024 Gets Better, OF Would be US$ 124/Ton and Levy Would be US$ 72,14/Ton

CPO RP in November 2024 Gets Better, OF Would be US$ 124/Ton and Levy Would be US$ 72,14/Ton

InfoSAWIT, JAKARTA – Crude palm oil (CPO) reference price (RP) to get out fee (OF) and tariff from Public Service Obligation Plm Oil Plantation Fund Management Agency (PO PFMA) or levy in November 2024 would be US$ 961,97/metric ton (MT). The numbers got increased US$ 68,32 or 7,65 percent from October 2024 that was US$ 893,64/MT.