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crude-palm-oil

Business 5 years ago

Palm oil producer Dharma Satya capex falls short due to project delays

Publicly listed palm oil producer PT Dharma Satya Nusantara (DSN) expects its capital expenditure (capex) this year to fall short of the target by 27 percent at Rp 800 billion (US$53.6 million) due to COVID-19-induced project delays.

Business 5 years ago

Indonesia's palm oil sector relies on domestic demand as exports drop

The commodity’s exports will drop 18 percent yoy to 24.92 million tons this year, mainly as the European Union, China and India shudder from the ongoing coronavirus pandemic, according to Gapki data.

Business 5 years ago

Astra Agro to contain costs, maintain competitiveness amid volatile commodity prices

Astra Agro Lestari's net profits soared by 796.5 percent to Rp 391.9 billion from Rp 43.72 billion in last year’s first half.

Business 5 years ago

Astra Agro Lestari pays $6.76m in dividends despite declining revenue

PT Astra Agro Lestari will pay a lower dividend per share of Rp 49 compared to Rp 336 in 2019 after its revenue fell 8.5 percent last year.

Business 6 years ago

Sri Mulyani appoints new oil palm agency head amid commodity's challenges

Gapki data showed that palm oil exports had increased to 36.17 million tons in 2019, up by 4.2 percent from 2018.

Business 6 years ago

PREMIUM
Pelindo to upgrade Dumai, Belawan ports to accommodate growing CPO exports

State-owned port operator Pelabuhan Indonesia I (Pelindo I) will turn two of its ports into crude palm oil (CPO) export centers as the company beefs up its palm-oil related services, an executive has said.

Business 6 years ago

Coronavirus drags down commodity prices as demand from China drops

Prices for commodities from natural rubber to coal have plunged in February because of decreasing demand from China, where the new coronavirus outbreak is expected to further drag down prices.

Opinion 6 years ago

PREMIUM
B30 biodiesel addresses more than EU palm oil policy

Tariff and nontariff barriers have continued to hinder the growth of Indonesia’s crude palm oil (CPO) exports, especially to Europe and the United States, since the 1990s when the country became a major player in the palm oil industry.