Sales of Palm Seeds in August Weakens

By : Herry Barus And Aldo Bella Putra | Thursday, August 24 2017 - 19:02 IWST

5166
5166

INDUSTRY.co.id - Medan - Director of Palm Oil Research Center, Hasril Hasan Siregar, said that the sales of palm seeds in August 2017 weakened due to lower crude palm oil selling price.

"Despite the weakening, PPKS Nasih is optimistic to sell palm oil sprouts as much as 13.5 million grains in the second half of 2017," he said in Medan, Wednesday (23/08/2017)

PPKS, he said, hopes that sales in the second semester will still be good as in the first semester of 2017 which rose slightly compared to the same period or as much as 8.9 million grains.

Sales in the first half rose slightly from the same period of 2016 which reached 8.6 million grains.

Hasril Hasan Siregar explained that after the first semester, sales have improved, in July demand is still improving and even increasing because PPKS can sell 1.5 million grains.

But in August, sales weakened so that the predicted sales of seeds in the month did not reach the target of 1.9 million grains.

According to him, still unstable demand for seeds follow the instability of the selling price of palm oil.

"However, although unstable, the price of palm oil in 2017 is still better than 2016 so it still excites the farmers," he said.

The price of CPO for example is still in the range of 600-750 US dollars per ton.

"Looking at the condition of better prices, then PPKS is still optimistic to realize the target of seed sales in the second half," he said.

Optimism, Hasril said, is also encouraged by the facts on the ground with many companies or farmers who are rejuvenating or replanting their palms.

The increase in replanting was triggered by the better selling price of fresh fruit bunches (TBS).

"Seeing the realization of a good first semester sales or 45 percent of total sales target in 2017 and the conviction that in the second semester remain good, then the total sales of 2017 is predicted to also be above the target of 20 millions grains," said Hasril. (Ant)

News Comment

Today's Industry

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Clean Earth Technologies (CET)

Jumat, 30 Oktober 2020 - 10:30 WIB

Clean Earth Technologies’ New Class Of Polymers Invented By Associate Professor, Justin Chalker, Receives Australian Pm’s New Innovator Award

Associate Professor Justin Chalker has invented a novel class of polymers synthesised directly from elemental sulphur which is a waste by-product of the petrochemical industry and renewable…

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.

Industrial Area Ilustration

Rabu, 28 Oktober 2020 - 08:40 WIB

CFLD Develop a Strategic Industrial Area which is Supported by Seven New Infrastructures

Segye ASEAN Forum 2020 which is a series of Indonesian and Korean Manufacturing Industry Partnership forum events held, was attended virtually by more than 500 executives from well-known manufacturing…

Hilton – Asia Pacific (Photo by Hilton Asia Pacific - Posts | Facebook)

Selasa, 27 Oktober 2020 - 15:40 WIB

Waldorf Astoria to Debut in Japan with Milestone Signing In Tokyo

Set to open in 2026, Waldorf Astoria Tokyo Nihonbashi to Offer Timeless Luxury and Unrivaled Service in Japan’s Cultural Capital.