{
    "success": true,
    "data": {
        "id": 1800761,
        "msgid": "bitter-lesson-palm-oil-smallholder-prices-once-collapsed-to-rp500-1781275917",
        "date": "2026-06-12 20:50:08",
        "title": "Bitter Lesson: Palm Oil Smallholder Prices Once Collapsed to Rp500",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Agriculture",
        "summary": "The chairman of the Indonesian Palm Oil Farmers Union (SPKS) has warned that current price volatility echoes the 2022 crisis, when an export ban caused fresh fruit bunch prices to plummet to Rp500 per kilogram within hours. He noted that many companies have historically failed to comply with government-set reference prices, undermining farmer incomes.",
        "content": "<p>The Chairman of the Serikat Petani Kelapa Sawit (SPKS), Sabarudin,\nhas stated that the current fluctuations in fresh fruit bunch (TBS)\nprices are reminiscent of events four years ago. When the government\nhalted CPO exports in 2022 to address a cooking oil shortage, palm oil\nprices at the farm level collapsed within hours, in some regions\ntouching as low as Rp500 per kilogram.<\/p>\n<p>\u201cIndeed, the TBS price, as said by the Minister of Agriculture (Amran\nSulaiman), is set at the provincial level through a ministerial\nregulation and then enacted via a gubernatorial regulation. That\ngubernatorial regulation sets the price, but actually, from the start,\nmany companies have not complied with the set price,\u201d Sabarudin said\nwhen met at the Ministry of Agriculture office in Jakarta on Monday\n(8\/6\/2026).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bitter-lesson-palm-oil-smallholder-prices-once-collapsed-to-rp500-1781275917",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}