Palm Oil News – How to Accelerate CPO Exports, Export Multiplier Ratio So 7 Times

InfoSAWIT, JAKARTA – In order to accelerate exports of crude palm oil (CPO), Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan asked the Ministry of Trade (Kemendag) to increase the ratio of the export multiplier for CPO and cooking oil raw materials to seven times the domestic market obligation (DMO). . This step, […]

Palm Oil News – 130 Palm Oil Companies Registered at SIMIRAH 2

InfoSAWIT, JAKARTA – As of July 1, 2022, 130 companies have registered with the Bulk Cooking Oil Information System (SIMIRAH) 2.0. From the official statement received by the Ministry of Industry, InfoSAWITSunday (3/7/2022), it was stated that of the total there were 51 crude palm oil (MSM/CPO) producers and 79 palm cooking oil (MGS) producers. […]

Luhut Is Outspoken About Palm Oil Companies, Who Is Insinuating?

Jakarta, CNBC Indonesia – Coordinating Minister for Maritime Affairs and Investment General TNI (Ret.) Luhut Binsar Pandjaitan received a new assignment from President Joko Widodo to deal with the problems of the palm oil and cooking oil industries. The first step to be taken is to conduct a large-scale audit of the palm oil industry. […]

Palm Oil News – Palm FFB Prices Lowered, Palm Oil Mills Violate Rules

InfoSAWIT, JAKARTA – Referring to the circular issued by the Acting Director General of Plantations of the Ministry of Agriculture, Ali Jamil, it prohibits the decrease in the purchase price of oil palm Fresh Fruit Bunches (FFB) owned by farmers. So the purchase price of palm FFB which is discounted by unscrupulous companies can be […]