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CPO Indonesia, CPO Malaysia and SBO Rotterdam Daily Closing Prices
Source: Palm Oil Analytics (POA)
Commemoration
On this International Day of Rural Women, #elaeiswomen highlights the achievements of women in rural areas through cultivating a crop that empowers their personal capabilities and communities as well as impacts the supply chain.
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SMALLHOLDER WORKSHOP AND FIELD VISIT“Challenges of Smallholders Achieving Sustainable Certification & Lessons Learnt” is a series of smallholder’s workshops aims to identify the challenge amongst smallholders in Indonesia to achieve sustainable certification and to map out potential activities to enhance their capacity to achieve the sustainability measures. To signify further the added value of this first workshop, the selected representatives of smallholders from Indonesia and Malaysia will be invited to visit Oil Palm Plantation, Gallery of Oil Palm, Seed Producing Unit, and Museum Perkebunan Indonesia in PPKS (Indonesian Oil Palm Research Institute) to allow participants to gain insight hands on. To join the workshop (held in hybrid format)
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The CPOPC Palm Oil Database is a free and open access platform to palm oil-related data. The CPOPC Palm Oil Database provides a number of thematic information from major palm oil-producing countries.
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Indonesia
Providing about half of the world’s supply of palm oil, Indonesia remains to be the world’s biggest producer and consumer of the commodity. Palm oil production is central to the economy of Indonesia and accounts for 11% of Indonesia’s export earnings. This makes it the largest export commodity, exceeding oil and gas export value. Notably, the export value of the Indonesian palm oil reaches up to USD 23 billion in 2017, marking an increase of 26% from 2016.
Malaysia
As the world’s second-largest producer of the commodity, the oil palm industry is not only vital to the Malaysian economy but it also plays a pivotal role in ensuring that the demand of a growing global population is met. Malaysia has a vital role to play in achieving the rising global need for oils and fats, as Malaysia is one of the major producer and exporter countries of palm oil and palm oil products.