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View all search resultsHigher palm oil imports by India, the world's largest buyer of vegetable oils, could help reduce inventories in top producers Indonesia and Malaysia, supporting benchmark Malaysian palm oil futures, while pressuring US soy oil futures.
Zulhendri said local opposition is rooted in the disputed status of the land designated for resettlement. Although PTPN holds official land-use rights (HGU), villagers claim the land is customary territory passed down from their ancestors.
President Prabowo Subianto’s aspiration to expand palm oil plantations in Papua for biofuel production has drawn strong backlash from environmentalists, who warn the policy risks repeating the ecological disasters already unfolding in Sumatra.
People residing within Tesso Nilo National Park in Riau are demanding that the government allow comanagement of land and plantations with the state-owned PT Agrinas Palma Nusantara instead of evicting them and handing the land to third party companies.
The agriculture minister's recent announcement on a new NES policy might look good on paper, but falls short of the regulatory review and reform needed to address the complexities of the oil palm industry and ensure smallholders' prosperity.
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