Sustainable Palm Oil Explained: What It Is and Why It Matters
Palm oil is in thousands of products, and how it is produced has major consequences. Here is what sustainable palm oil means and why it matters.
ISPO to Leverage Palm Oil Competitiveness Level?
The agricultural sector has been playing important role in Indonesian national economics life. One of the promising sectors that has been contributing significantly to national income is palm oil. Along with its robust growth, the development of palm oil invites controversy in the international community pertaining to social, environmental, and lastly land tenurial issues. The growing negative campaign amplifying negative issues has triggered numbers of western countries to boycott palm oil impo
Rebranding Indonesian Palm Oil: A Lesson of Starbucks Traceability Journey
Jakarta - Rebranding occurs at any time through initiatives such as altering brand identity, incepting a new name, symbol or design associated with its new offering. Rebranding, commonly, is motivated to recover drawbacks of current brand that is experiencing downward business trend or at the end of business spectrum to have further innovation. There is another type of rebranding, the revolutionary rebranding, is typically initiated from a response to external demand which to some extend unrela
Ministry of Trade Holds 12th Gambir Trade Talk 'Indonesia's Foreign Trade Outlook in 2024'
The Ministry of Trade held the 12th Gambir Trade Talk (GTT) Policy Dialogue with the theme "Indonesia's Foreign Trade Outlook 2024" in a hybrid manner at the Aryaduta Hotel, Bandung, West Java, on Thursday (23 Nov). The event was opened by Plh. Head of the Trade Policy Agency (BKPerdag), Didi Sumedi. In his speech, Didi said that the Ministry of Trade is focused on exporting goods and services with high added value to increase economic productivity and support increased export performance
Latest Agro
Sawit Sumbermas Sarana Prioritizes Commitment to Protect the Environment in Realizing Sustainable Palm Oil
PT Sawit Sumbermas Sarana Tbk (SSMS) carries out sustainable business practices and maintains environmental conditions.
Sawit Sumbermas Sarana Preparing RSPO Virtual Tour for August 2021
PT Sawit Sumbermas Sarana Tbk (SSMS), a public firm of palm oil firm listed in the Indonesia Stock Exchange (IDX), plans to hold a RSPO Virtual Tour on August 2021. It is a measure to support a partnership that is suitable with a mechanism of Remediation & Compensation Program (RaCP) Roundtable on Sustanable Palm Oil (RSPO).
Kao Corporation, Apical & Asian Agri Join Hands to Empower Smallholders with SMILE Program
SMILE or the SMallholder Inclusion for better Livelihood & Empowerment program to help independent oil palm smallholders in Indonesia improve their yields, acquire international certification, and eventually secure sales premiums from selling certified palm oil.
Shared Responsibility Boosts Sustainable Palm Oil Absorption In Indonesia
The Roundtable on Sustainable Palm Oil (RSPO) has been upholding the shared responsibility concept after its adoption in the 15th General Assembly in 2018.
RSPO Independent Smallholders Ride The Rough Patch of Covid-19
While the spread of COVID-19 has threatened the income of independent oil palm smallholder farmers in Indonesia due to low fresh fruit bunch (FFB) prices, Roundtable on Sustainable Palm Oil (RSPO) certified farmers have found that the sale of RSPO Credits has provided the additional funds and support needed to see them through this difficult time.
GAPKI: Thank you Indonesian Press
Solo - General Chair of GAPKI (Indonesian Palm Oil Entrepreneurs Association) Joko Supriyono expressed his gratitude to the ranks of the press throughout Indonesia. Positive press support will strengthen Indonesia's position as the world's largest palm oil producer and exporter.
Partnership Increases Productivity of Palm Farmers
Pekanbaru- Productivity of oil palm plantations managed by independent smallholders is still relatively low. That is around 16-18 tons of fresh fruit bunches (FFB) per hectare per year. On average, the FFB is only able to produce oil of around 1.52 tons per hectare per year. Not to mention the yield level is still below 20%.
Malaysia's CPO Price Crashed to Position RM2.195 per Ton
Jakarta - The decline in the price of contracts for the sale of Malaysian crude palm oil (CPO) for delivery in December 2018 on the Malaysia Derivatives Exchange touched RM2,195 per ton on Tuesday (18/09/2018). That is the lowest price level since August 15, 2018.
Tunas Baru Lampung Pockets Biodiesel Booking Contracts for 110,000 Tons of End of Year
Jakarta - The B20 usage expansion program proclaimed by the government has been a blessing for the issuer of oil palm plantations, PT Tunas Baru Lampung Tbk (TBLA), which received a contract for ordering biodiesel from PT Pertamina (Persero) and a Chinese company for 110,000 tons by the end of the year.
Rejuvenation of the People's Palm Oil was encouraged to Maintain Productivity, Generate Foreign Exchange and Farmer Income
Jambi Ministry of Agriculture conducts Palm Oil Rejuvenation in Ujung Tanjung Village, Sungai Bahar District, Muaro Jambi Regency, Jambi Province on Monday (10/09).
Palm Industry Increases State Economy
Belitung - General Chair of the Indonesian Palm Oil Entrepreneurs Association (Gapki) Joko Supriono said, the palm oil industry business was able to boost the country's economy, because until now the business was one of the biggest foreign exchange contributors to Indonesia.
Kotawaringin Palm Farmers Wait for President Jokowi's presence
Palangka Raya - President of the Republic of Indonesia, Joko Widodo is planned to attend West Kotawaringin Regency, Central Kalimantan, to conduct the initial planting of oil palm trees in the gardens belonging to the people who are included in the rejuvenation program.
Ministry of Industry Increases CPO Industry Downstreaming
Jakarta - The Ministry of Industry continues to spur downstreaming in the palm oil industry sector (crude palm oil / CPO) in order to increase high added value so as to contribute to national economic growth.
Export Duty Abolition Plans Encourage Malaysia CPO Price Increase
Jakarta - Malaysia's crude palm oil (CPO) price opened at RM2,249 per ton on Thursday (09/08/2018), down 0.4% compared to Wednesday's closing (08/08/2018) amounting to RM2.258.
Increased Threat of US-China Trade War Increases Malaysian CPO Prices
Jakarta - Malaysia's price of crude palm oil (CPO) in Monday trading (08/06/2018) opened at RM2,209 per ton, 0.59% higher than the closing at the end of last week at RM2,196 per tons.
BPDKS Injects Rp7.5 Trillion Funds for Five Palm Companies
Jakarta, five large-scale palm oil companies receive subsidies from the BPTP Agency (Dana Pengelola Perkebunan Kelapa Sawit) with a total of Rp7.5 trillion during January-September 2017.
Excess Supply in Market, Malaysian CPO Price Still Continues Suppressed
Jakarta - Malaysian crude palm oil (CPO) prices are still depressed due to excess supply in the market. Malaysia's palm oil price on Monday (23/07/2018) closed down to position RM2.169 per ton. The price range yesterday was RM2.167-2.208 per ton.
Malaysian CPO Price Stable at RM2.200 per Ton
Jakarta - The price of crude palm oil (CPO) opened at the level of RM2.203 per tonne on Thursday (19/07/2018). In the first session of trading today, Malaysia's highest price of Malaysian palm oil was at RM2.220 per tonne and its lowest price of RM2,185 per ton.
Malaysian CPO Price Still Affected by Negative Sentiment of US-China Trade War
Jakarta - The price of crude palm oil (crude palm oil / CPO) Malaysia on Friday trading (06/07/2018) is estimated to move in the range of RM2.247-2.345 per ton. The price of CPO on Wednesday (04/07/2018) moves in the range of RM2.290-2.314.
Sawit Sumbermas Sarana Targets 15 Percent Minimum Net Profit This Year
Jakarta - This year, PT Sawit Sumbermas Sarana Tbk (SSMS) targets net profit growth of at least 15%, lower than last year's profit growth.