Below is a list with tagged columns and company profiles.

Today's Headlines Palm Oil

  • Palm Oil Shipments from Indonesia: Export Tax Back in January 2017

    Palm Oil Shipments from Indonesia: Export Tax Back in January 2017

    Indonesia's Ministry of Trade re-introduces a USD $3 per ton export tax for crude palm oil (CPO) shipments in January 2017 as the government's reference palm oil price exceeded the USD $750 per ton threshold that separates the existence of export duties from zero rates. The government's reference price was set at USD $788.26 per ton for January 2017, said Dody Edward, Director General for Foreign Trade at the Trade Ministry.

    Read more ›

  • Crude Palm Oil (CPO) Industry Indonesia: What about 2017?

    Crude Palm Oil (CPO) Industry Indonesia: What about 2017?

    In 2015 the crude oil supply glut stemming from OPEC countries and the US shale gas revolution put severe downward pressure on commodity prices, including crude palm oil (CPO). Thanks to the El Nino and La Nina weather phenomenons (and a moratorium on new palm oil concessions) CPO output was curtailed in 2015 and 2016, implying some upward pressure for CPO prices, hence rebounding from a multi-year low of USD $526 per ton in November 2015. In 2016 the CPO price is expected to average USD $670 per ton.

    Read more ›

  • Crude Palm Oil Industry Indonesia: Comprehensive Roadmap Needed

    Crude Palm Oil Industry Indonesia: Comprehensive Roadmap Needed

    Global demand for vegetable and animal oils is expected to reach 200 million tons in 2016, up 3 percent from demand one year earlier. About 70 million tons of total global vegetable and animal oils demand this year consists of crude palm oil (CPO). Indonesia, the world's largest CPO producer and exporter, is expected to produce about 30.5 million tons of CPO in 2016. Meanwhile, in the first nine months of 2016 Indonesia's CPO export realization stood at 18 million tons.

    Read more ›

  • Indonesia's Palm Oil Agency Sees CPO Prices Rising

    Indonesia's Palm Oil Agency Sees CPO Prices Rising

    The Indonesian Palm Oil Association (Gapki) believes that the crude palm oil (CPO) price will stay between USD $750 and USD $790 per metric ton in October 2016. This prediction comes on the back of several positive sentiments. CPO demand from China, Europe, India and the USA has increased and is able to offset declining CPO demand from Africa and the Middle East. Fadhil Hasan, Executive Director at Gapki, informed that as a result of strong global CPO demand CPO reserves in Indonesia and Malaysia, the two biggest producers and exporters of the edible oil, are declining.

    Read more ›

  • Palm Oil Industry: Rising Biodiesel Consumption in Indonesia

    Palm Oil Industry: Rising Biodiesel Consumption in Indonesia

    Fadhil Hasan, Executive Director of the Indonesian Palm Oil Producers Association (Gapki), informed that Indonesia's exports of crude palm oil (CPO) and its derivatives (including biodiesel and oleo-chemicals) reached 1.74 million tons in July 2016, down around 8 percent from the 1.89 million tons that were exported one month earlier. The decline in exports is attributed to rising CPO consumption at home and easing demand in several key export markets.

    Read more ›

  • Falling Crude Palm Oil Production Indonesia, CPO Price to Rise?

    Falling Crude Palm Oil Production Indonesia, CPO Price to Rise?

    Production of crude palm oil (CPO) in Indonesia is expected to decline 5 percent (y/y) to 29.6 million tons from a realization of 31.2 million tons in the preceding year. At the start of the year the Agriculture Ministry of Indonesia targeted CPO output around 31-32 million tons in full-year 2016. However, lower-than-targeted CPO production is the result of a looming strong La Nina weather phenomenon (which brings wetter-than-usual conditions to Southeast Asia) and the strong El Nino earlier this year (bringer droughts to Southeast Asia).

    Read more ›

  • Palm Oil Update Indonesia: Why is the CPO Price Rising?

    Palm Oil Update Indonesia: Why is the CPO Rising?

    Stakeholders in the crude palm oil (CPO) industry of Indonesia are pleased seeing the CPO price rising considerably over the past couple of weeks to around 2,500 ringgit (approx. USD $623) per metric ton this week after palm oil futures - traded in Kuala Lumpur - had in fact entered a bear market in July 2016. Meanwhile, the World Bank expects palm oil prices to average USD $650 per ton in 2016, better than USD $623 per ton in 2015 but still a long shot away from USD $851 per ton in 2013 or the peak at USD $1,248 per ton in February 2011.

    Read more ›

  • Indonesia's Palm Oil Moratorium Includes Existing Concessions

    Indonesia's Palm Oil Moratorium Includes Existing Concessions

    Several days ago we reported that Indonesia plans to issue a five-year moratorium on new palm oil plantation concessions in August 2016 through a presidential regulation. This moratorium aims to safeguard a healthy and sustainable environment and may also aim at reducing global criticism on Indonesia's weak governance after the devastating forest fires on Kalimantan and Sumatra as well as the spread of toxic haze to other parts of Southeast Asia between June and October 2015. A government official now says the moratorium also covers existing concessions.

    Read more ›

  • Palm Oil Industry Indonesia: 5-Year Moratorium on New Concessions

    Palm Oil Industry Indonesia: Five-Year Moratorium on New Concessions

    The government of Indonesia plans to issue a five-year moratorium on new palm oil plantation concessions through a presidential instruction. For Indonesian President Joko Widodo it is one of the top priorities to safeguard a healthy and sustainable environment, especially after international criticism on Indonesia's weak environmental policies heightened due to the flaring up of devastating forest fires on Kalimantan and Sumatra as well as the spread of toxic haze to other parts of Southeast Asia between June and October 2015.

    Read more ›

  • Environment in Indonesia: Carbon Emissions Hit New High

    Environment in Indonesia: Carbon Emissions Hit New High

    A study published in Scientific Reports, conducted by scientists at King’s College London in cooperation with the Center for International Forestry Research (CIFOR), says the forest fires on the Indonesian islands of Sumatra and Kalimantan that occurred between June and October 2015 released some 11.3 million tons of carbon each day (a figure that exceeds the 8.9 million tons of daily carbon emissions in the European Union). Last year's man-made forest fires and haze in Indonesia are among the worst natural disasters ever recorded.

    Read more ›

Latest Columns Palm Oil

  • Middle of the Road Policy Regarding Indonesia's Palm Oil Industry

    Palm Oil Moratorium Indonesia Investments

    Last week, president Susilo Bambang Yudhoyono extended the moratorium on new permits to convert natural forests and peat lands for a further two years. In 2011, Indonesia's government signed the two-year primary forest moratorium that came into effect on 20 May 2011 and expired in May 2013. This moratorium implies a temporary stop to the granting of new permits to clear rain forests and peat lands in the country. The moratorium particularly aims to limit Indonesia's quickly expanding palm oil industry.

    Read more ›

  • Import-Export Trade and Investment between USA and Indonesia

    Although the United States continues its traditional focus on direct investments in developed countries, primarily in Western Europe, there has been a significant rise in US investments in Indonesia in recent years. Whereas US investments in the developed economies of Western Europe is mostly found in the financial sector and through holding companies, in developing Asia, the US is more focused on the manufacturing sector due to lower production costs. In the last two years, the US emerged as the second-largest investor in Indonesia after Japan.

    Read more ›

  • Palm Oil Giant Astra Agro Lestari Distributes USD $111 Million in Dividends

    Shareholders of Astra Agro Lestari, Indonesia's largest agribusiness company by value (which is particularly engaged in palm oil and rubber plantations), agreed to distribute IDR 1.08 trillion (USD $111 million) in dividends to its shareholders. The allocated amount is equivalent to about 45 percent of the company's net profit in 2012. Dividend per share is set at IDR 685 (USD $0.071). Last November, the company had already paid interim dividend of IDR 230 per share. Final dividend will be paid on 3 June 2013.

    Read more ›

  • Indonesian Palm Oil Companies Report Declining Net Profit

    Indonesian Palm Oil Companies Report Declining Net Profit

    Indonesian companies engaged in the production of a variety of agricultural products, such as palm oil, experienced a rather poor year in 2012 regarding net profit. Global economic turmoil has reduced the world's consumption of palm oil in both the developed markets and developing markets. In particular decreased demand from China, the world’s biggest buyer after India, made a negative impact on the balance sheets of Indonesian companies.

    Read more ›