Was Flooded, Residents of Pondok Bambu Ask This House Bridge to be Bombed

Jakarta – Residents who were previously worried about flooding from the newly built anti-flood sewer in the Haji Dogol Reservoir area, are now starting to receive follow-up actions to prevent flooding. They are now asking for this small bridge to be demolished at the same time because it blocks the flow of water from other […]

Palm Oil Boss Warning! India Takes Action, CPO Future Could Be Gloomy

Jakarta, CNBC Indonesia – The price of crude palm oil (crude palm oil/CPO) rose on Wednesday (17/8/2022). However, looking back a little, vegetable oil prices are still not far from their one-year low. When viewed from the current level, CPO prices are also at risk of falling in the future, because India is trying to […]

CPO Export Levy Removed Temporarily, Oil FFB Prices Crawled Up

The Indonesian Palm Oil Farmers Association (Apkasindo) noted that the price of fresh fruit bunches (FFB) has climbed to above Rp 1,000 per kg earlier this week. The increase in FFB prices was driven by the government’s policy regarding the Export Levy (PE) of crude palm oil (CPO) of 0% which was applied from July […]

CPO Prices Rise 2% More, Due to RI’s Policy?

Jakarta, CNBC Indonesia – Crude palm oil prices (Crude Palm Oil/CPO) skyrocketed in the early trading session on Friday (15/7/2022), after falling 5% yesterday. What caused it? Referring to Refinitiv data, at 08:00 WIB, CPO price was traded at MYR 3,651/ton or rose 2.33%. However, this is the lowest position since June 30, 2021. Palm […]

After the Holidays, CPO Prices Soared More Than 1%!

Jakarta, CNBC Indonesia – Crude palm oil prices (Crude Palm Oil/CPO) shot up sharply in the early trading session on Tuesday (12/7/2022), after the Malaysian stock exchange closed yesterday to commemorate Eid al-Adha. Referring to Refinitiv data, at 09:46 WIB, CPO price was traded at MYR 4,211/ton or up 1.3%. ADVERTISEMENT […]

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. […]

Yesterday, almost 10% subsided, now CPO prices are soaring! How come?

Jakarta, CNBC Indonesia – Commodity price of crude palm oil (Crude Palm Oil/CPO) Malaysia shot up in the opening session of trading Thursday (23/6/2022) after yesterday’s drop of almost 10% and became the biggest decline since December 2021. Referring to Refinitiv, at 08:30 WIB the price of CPO was priced at MYR 4,632/ton or up […]