Palm Oil News Update - Palmoilmagazine.com
4 days ago · CPO Prices Expected to Strengthen, Driven by Soybean Oil Market and Global Demand Hundreds of Palm Oil Plantation Workers in Banyuasin Protest for Permanent Employee Status CPO Prices Drop 1.22% at KPBN Inacom, Malaysian Futures Hit 3-Month Low (Jan 16, 2025) Ministry of Agriculture Issues Guidelines for Palm Oil Companies to Support Local Community Plantations Exports of POME Surpass CPO ...
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Jan 2, 2025 · West Kalimantan FFB Prices for the Period December 2024 Decrease, Farmers are Wary Jambi FFB Price Highest at IDR 3,555.71 in the Period January 3-9, 2025 Riau Plasma FFB Prices Plummet in Early January 2025 KPBN CPO Price Declines on Monday, January 6, 2025 Ministry of Agriculture Promotes Paddy Gogo Intercropping in …
Hot News Archives - Palmoilmagazine.com
5 days ago · Indonesia Tightens Export Regulations on POME and Used Cooking Oil Air New Zealand Secures Largest Sustainable Aviation Fuel (SAF) Supply from Neste CPO Price at Inacom KPBN Fell Slightly on Tuesday (14/1) Attorney General Reveals KLHK Officials as Suspects in Palm Oil Governance Corruption India FMCG Producers Raise Soap and Tea Prices Amid Palm Oil Price Surge
Palm Oil No Longer the World’s Cheapest Edible Oil
6 days ago · PALMOILMAGAZINE, KUALA LUMPUR – Once known as the world’s most affordable edible oil, palm oil has lost its low-cost advantage due to declining production in major producing countries and an oversupply of alternative edible oils. In November 2022, palm oil was sold at a discount of $782 per ton compared to soybean oil, but it now commands a …
IndoAgri Reports Decline in Palm Oil Sales but Sees Significant …
Oct 22, 2024 · PALMOILMAGAZINE, SINGAPORE – As of 30 June 2024, Indofood Agri Resources Ltd. (IndoAgri) successfully managed a total plantation area of 293,683 hectares, with 245,283 hectares dedicated to palm oil cultivation. PT SIMP oversaw the majority, managing 152,793 hectares, while PT Lonsum cultivated the remaining 92,490 hectares. In its first-half 2024 (1H24) performance report, fresh fruit bunch ...
Palm Oil Magazine - BMI Revises 2024 CPO Price Projection: …
Aug 28, 2024 · PALMOILMAGAZINE, KUALA LUMPUR – BMI, part of the Fitch Group, has revised its forecast for crude palm oil (CPO) contract prices in 2024, raising it to RM 3,850 per ton from the previous estimate of RM 3,750 per ton, reflecting a 2.67% increase.This adjustment suggests that the anticipated price drop in the second half of 2024 has not fully materialized.
PalmCo Becomes World's Largest Palm Oil Plantation through …
Apr 23, 2024 · PALMOILMAGAZINE, JAKARTA – PT Perkebunan Nusantara IV, also known as PalmCo, has officially assumed control of the largest palm oil cultivation area globally, spanning approximately 586,000 hectares. With ambitious plans to expand its plantation area to 708,000 hectares over the next decade, PalmCo is poised for significant growth.
Palm Oil Magazine - Palm Oil Industry Drives Economic Growth …
Oct 9, 2024 · PALMOILMAGAZINE, JAKARTA – As a key player in Indonesia’s natural resource-based industries, the palm oil sector plays a crucial role in advancing both rural and urban welfare. Palm oil cultivation goes beyond planting and harvesting—it contributes to building a brighter future for local communities. As plantations expand, they have a significant impact on improving people’s welfare ...
Palm Oil Moratorium is Necessary for Sustainable Governance in …
Nov 24, 2024 · PALMOILMAGAZINE, JAKARTA – As the world’s largest palm oil producer, Indonesia has 16.8 million hectares of palm oil land. The industry contributes significantly to national exports, reaching US$ 37.76 billion in 2022 and US$ 29.54 billion in 2023, making it one of the main economic pillars.