Showing posts with label Indonesia. Show all posts
Showing posts with label Indonesia. Show all posts

Monday, May 12, 2014

Indonesia palm oil news


Vast hidden profits: from Asia's palm oil giants to a tiny British tax haven; http://www.theguardian.com/world/2014/may/10/asian-logging-giant-tax-labyrinth-british-virgin-islands; Indonesian court helps to tear aside the veil of secrecy under which huge corporations operate in UK-linked tax haven, John Vidal in Road Town, Tortola, The Observer, Saturday 10 May 2014 23.11 BST

Indonesian Voters Head to Polls; Voice of America April 08, 2014 ‎; http://www.voanews.com/content/reu-indonesia-gears-up-for-legislative-election/1888504.html 
JAKARTA - Some 187 million voters in Indonesia head to the polls Wednesday in parliamentary elections that will have a big influence on the country's presidential poll in July; Current electoral laws stipulate that a party or coalition of parties must win 25 percent of the popular vote or 20 percent of seats in the national parliament to nominate a presidential candidate....  But polls show that only one party, the Democratic Party of Struggle or PDI-P, will definitely pass the threshold.
Known locally as Jokowi, the Jakarta governor is wildly popular for his reputation for transparency and his hands-on approach to governance....  After his presidential bid was confirmed last month, the PDI-P’s popularity jumped from 27 to 37 percent in a widely watched opinion poll. The same poll showed the next closest party lagging 20 percent behind....  Professor Jemadu said it is too soon to call a Widodo presidential victory a certainty, but he said it is clear Indonesian voters want change....
 A relative outsider with no connection to the country’s political elite, Joko Widodo is being touted as a new breed of Indonesian politician...  Nonetheless, even as Widodo offers hope and change, the voting system is riddled with corruption... Since the collapse of Suharto’s 32-year authoritarian rule, this year marks the fourth time Indonesians will democratically elect their parliament...  Results for the parliamentary election will be officially announced by May 9, but a quick count of the polls is expected within 24 hours.


Palm oil production in East Kalimantan on the rise; Jakarta Post,  Mon, April 07 2014; http://www.thejakartapost.com/news/2014/04/07/palm-oil-production-east-kalimantan-rise.html
Last year's production of fresh fruit bunches [TBS] and crude palm oil [CPO] reached 6.5 million tons and 1.4 million tons, respectively, up from only 1.6 million tons of TBS and 366,149 tons of CPO in 2008," Etnawati Usman, head of East Kalimantan ...


Friday, March 28, 2014

Market views and news (updated)

China Soybean, Rubber Importers Renege on Deals By Huileng Tan March 27, 2014, Wall Street Journal; http://online.wsj.com/news/articles/SB10001424052702304688104579464772427185240?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304688104579464772427185240.html;
Chinese importers of soybeans and rubber are backing out of deals, adding to a wide range of evidence showing rising financial stress in the world's second-biggest economy.

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Moody's sees crude palm oil prices to average US$700 to US$800 per tonne this ...; The Malaysian Insider  - ‎Mar 24, 2014‎; http://www.themalaysianinsider.com/business/article/moodys-sees-crude-palm-oil-prices-to-average-us700-to-us800-per-tonne-this; Crude palm oil prices are expected to hover around US$700 range thanks to food-based usage and demand for biodiesel. - The Malaysian Insider pic, March 24, 2014Moody's Investors Service expects crude palm oil (CPO) prices to average between ...

Mistry Bullish on Palm Oil as El Nino Threatens to Parch Trees; Businessweek By Ranjeetha Pakiam   March 21, 2014 ; http://www.businessweek.com/news/2014-03-21/mistry-bullish-on-palm-oil-as-el-nino-threatens-to-parch-trees; Palm oil may extend its advance in April to the highest level since 2012 after dry weather in ... The southwest monsoon in India is likely to be impacted....

CPO Exports Seen to Rise 10% to $22 Billion in 2014;Jakarta Globe By Investor Daily on 01:25 pm Mar 19, 2014; http://www.thejakartaglobe.com/business/cpo-exports-seen-rise-10-22-billion-2014/ ;
Jakarta. The Indonesian Palm Oil Association (GAPKI) predicts that 2014 exports of crude palm oil are set to reach $22 billion, up 10 percent from last ...

Palm Production in Indonesia Rising for First Time in 6 Months;  Jakarta Globe By Yoga Rusmana on 09:17 am Mar 21, 2014; http://www.thejakartaglobe.com/business/palm-production-indonesia-rising-first-time-6-months/; The percentage change for exports is derived from the February figure from the Indonesian Palm Oil Association, known as Gapki. Comparisons for ...

Consumers Pinched as Palm Oil, Soybean Prices Rise; Wall Street Journal By Isabella Steger,  Debi Nayak and  Huileng Tan  March 14, 2014 5:26 a.m. ET; http://online.wsj.com/news/articles/SB10001424052702304914904579438610824940936?mg=reno64-wsj ; Palm oil in China is now more expensive than soy oil, the most commonly used cooking oil, which is an unusual development, said Jane Peng, ...

Agriculture Prices Hold Up Despite China Jitters; Wall Street Journal (blog); http://blogs.wsj.com/economics/2014/03/19/auto-draft-17/; Fears over China's slowing growth so far in 2014 have hurt prices for ... Dry weather in Brazil and Southeast Asia has hurt supply of palm oil, as has ...

Crude palm oil may rise to RM3,177, says Oil World; The Star Online  - ‎Mar 4, 2014‎; http://www.thestar.com.my/Business/Business-News/2014/03/05/Crude-palm-oil-may-rise-to-RM3177-says-Oil-World/;   KUALA LUMPUR: Riding on the current rally in crude palm oil (CPO) prices, CPO could average at the RM3,177 level a tonne this year, 14% higher than 2013's average.
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Energy

US expands gas exports in bid to punish Putin for Crimea; theguardian.com, Tuesday 25 March 2014; http://www.theguardian.com/environment/2014/mar/25/us-expands-gas-exports-in-bid-to-punish-putin-for-crimea; One of the most advanced U.S. LNG export projects, Cameron LNG--a project in which GDF SUEZ holds an ownership share--has received conditional non-Free Trade Agreement approval from the U.S. Department of Energy.  Senate energy committee told exporting natural gas would end Russia’s 'energy blackmail'




Tuesday, March 25, 2014

Contesting regulations

Indonesia's proposed peat law too weak to protect peatlands, stop haze, says Greenpeace; Mongabay.com; http://news.mongabay.com/2014/0314-peat-regulation-greenpeace.html
It also doesn't protect peat in existing concessions or mandate better water management in areas already converted for oil palm and timber plantations ...