Palmoilmagazine, JAKARTA – Many questioned why palm cooking oil is so expensive in the late days. It is always seen and read in newspaper and tv that many people should be in line to get bulk palm cooking oil. As a matter of fact, this country is the biggest crude palm oil (CPO) producer in the world.
Palmoilmagazine, MUMBAI – Vegetable oil price which gets increasing since February 2022 because of geopolitical situation and crude palm oil (CPO) materials and palm cooking oil export ban from Indonesia could be decreasing up to 15% in June 2022.
Palmoilmagazine, JAKARTA – Human resource development that Palm Oil Plantation Fund Management Agency (PFMA) funds, in the form of scholarship to the students of (Diploma) D1, D3, D4 would direct and indirectly impact to palm oil plantation development nationally. For the planters and their families, there would be direct impact.
Palmoilmagazine, JAKARTA - In the early days of 2022, vegetable oil price, including (crude) palm oil hit the record. Malaysian Palm Oil Board (MPOB) reported that in January 2022, crude pam oil (CPO) hit the most expensive price in the last ten weeks.
Palmoilmagazine, BANGKOK - Minister of Trade, Thailand, Jurin Laksanawisit promised to get solution on expensive palm cooking oil which is almost 70 baht (Rp 30.450) per bottle from 56-60 baht by the late of last year.
Palmoilmagazine, KUALA LUMPUR - Production cost in Malaysia’s plantations may be dramatically increasing in 2022 for the lack of workers and the increasing salary, according to Director of Godrej International Trading & Investment Pte Ltd, Dorab Mistry.
Palmoilmagazine, JAKARTA - According to the reports of Ministry of Industry, in 2021 RBD palm olein (refined bleached deodorized palm olein) export reached 12,7 million tons, while CPO (crude palm oil) export reached 2,5 million tons, and RPO (refined palm oil) export reached 7,5 million tons. It means, the three palm oil product exports reached 22,7 million tons in total.
Palmoilmagazine, JAKARTA - Indonesia could produce 10,8 million tons of certified sustainable palm oil (CSPO) in 2021. But in the same period, CSPO consumption reached only 484.200 tons.
Palmoilmagazine, JAKARTA – Now that the week-long holiday for the Idulfitri celebration has ended, businesspeople and even farmers associations have begun asking when the blanket export ban on palm oil commodity, which was imposed on April 28, would end.
Palmoilmagazine, JAKARTA – The law enforcement found the factors of palm cooking oil issues and they are in legal process. “At least, I thought from the news, some ‘important people’ were the suspects about palm cooking oil issue,” an open letter written by one independent smallholder, Soaduon Sitorus that PalmOil Magz recently got.
Palmoilmagazine, JAKARTA – The very big mistake of the government when deciding to get palm oil plantings was that there is no control for the private sectors and the people to have wide plantations, particularly for the government itself (Enterprises). The private companies dominate wide palm oil plantations up to 7,7 million hectares or 54% of the total palm oil plantations in Indonesia.
Palmoilmagazine, JAKARTA – To stabilize palm cooking oil price, Palm Oil Plantation Fund Management Agency (FPMA) was mandated to manage palm oil fund and distribute palm cooking oil subsidy. The subsidy was running when domestic market obligation was too.
Palmoilmagazine, DHAKA – Bangladesh planned to cut off canola oil, sunflower oil, and olive oil import tax to be 10% from 32%. The country tried to multiply the supply of vegetable oil because of processed palm oil export ban by Indonesia, as a senior officer in ministry of trade in the country told, Tuesday (26/4/2022).
Palmoilmagazine, JAKARTA – Prior on 26 April 2022, Ministry of Industry published Regulation of Minister of Industry Number 12 / 2022 about the Second Substitution on Regulation of Ministry of Industry Number 8 / 2022 about Bulk Palm Cooking Oil Procurementfor the People, Micro and Small Business’ Needs that Palm Oil Plantation Fund Management Agency (PFMA) fund.
Palmoilmagazine, JAKARTA – General Secretary of APKASINDO, Rino Afrino assumed that there are smallholders who do not want to join and implement smallholders replanting program (SRP). This happened for the second generation of the smallholders highly expected to their plantations. They want to get a better production, higher additional value, and clear legal areas.
Palmoilmagazine, Jakarta - Referring to data from the US Department of Agriculture (USDA), National Nutrient Database for Standard Reference (2016), palm cooking oil is part of the vegetable oil and fat group, which has....
Palmoilmagazine, JAKARTA - Basic Managing Team & Coaching Counselling for Planters. Why is the title ‘Basic’? Because there are series to deepen what and how the title would discuss Managing Team. It also means how we would manage working group that needs soft skills.
Palmoilmagazine, MUMBAI – To get palm cooking oil needs, India is blocked by imports. Two third of the demands should be imported. Palm cooking oil played about 60 - 65% of the total imports.
Palmoilmagazine, JAKARTA – Palm oil plantation labors may be working at exploitative condition, getting cheap salary, vulnerable work status, having minimally work and health safety. These happen for years without any change.
Palmoilmagazine, JAKARTA – In the meeting of Indonesian Palm Oil Board (IPOB), it was recently agreed to substitute IPOB to be Dewan Sawit Indonesia (DSI).
