{
    "success": true,
    "data": {
        "id": 1776237,
        "msgid": "maintaining-palm-oil-price-stability-1780277873",
        "date": "2026-05-31 22:23:22",
        "title": "Maintaining Palm Oil Price Stability",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Regulation",
        "summary": "Indonesian palm oil farmers face price instability due to industry panic and private mills buying below government-set rates. State-owned PTPN IV PalmCo reports increased FFB absorption and adherence to quality standards, while coordinating with regional authorities to enforce Ministry of Agriculture Regulation No. 13 of 2024. Provincial price teams aim to balance market trends and protect farmers from unfair practices.",
        "content": "<p>JAKARTA, VIVA \u2013 The dispute over plummeting fresh fruit bunch (FFB)\nprices for palm oil farmers has resurfaced in recent weeks. The price\ndecline was triggered by panic among some industry players following the\ntransition to a single-channel export policy and palm oil mills (PKS)\npurchasing below the reference price. Small-scale farmers without\npartnerships with companies or processing plants have been most\naffected. In several regions, FFB prices plummeted well below\ngovernment-set rates. Amid scrutiny of hundreds of private PKS, PTPN IV\nPalmCo, a subsidiary of state-owned PTPN III (Persero), has assured that\nFFB purchases from the public continue under standard procedures. PTPN\nIV PalmCo President Director Jatmiko K. Santosa stated that the company\nhas absorbed approximately 1.03 million tonnes of FFB from the public\nand partners until April 2026, a 2.52 per cent increase compared to the\nsame period last year. Jatmiko added that sustained FFB absorption is\ncrucial for maintaining economic circulation in palm oil plantation\nhubs. \u2018This increase in absorption volume aligns with clear quality\nstandards. Our crude palm oil (CPO) recovery rate has remained at 18.69\nper cent as of April 2026,\u2019 he said. Arya Sandhiyudha, PTPN IV PalmCo\u2019s\nDirector of Institutional Relations, added that the company continues to\ncoordinate with regional agriculture offices to ensure price regulations\nare implemented per government guidelines. He stated that state-owned\nenterprises in the palm sector are not solely business-oriented but also\nserve to stabilise trade when markets experience volatility. \u2018PTPN IV\nPalmCo continues to coordinate with agriculture offices to ensure\nimplementation of Ministry of Agriculture Regulation No.\u00a013 of 2024.\nState-owned enterprises must act as fair price references and market\nstabilisers, especially during periods of volatility,\u2019 Arya said. FFB\nprices received by farmers are primarily set through provincial price\nformulation teams involving local government, palm oil processing\ncompanies, and farmer representatives. This scheme is designed to ensure\nFFB prices reflect crude palm oil (CPO) and downstream product trends\nwhile protecting farmers from unfair purchasing practices.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/maintaining-palm-oil-price-stability-1780277873",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}