scholarly journals Analysis of export performance and export competitiveness trade of crude palm oil [CPO] industry in Indonesia with RSPO in India and United States markets

2020 ◽  
Vol 497 ◽  
pp. 012043
Author(s):  
H Ali ◽  
S Karimi ◽  
R Febriamansyah
Keyword(s):  
United States ◽  
Palm Oil ◽  
Export Performance ◽  
Crude Palm Oil ◽  
Export Competitiveness

scholarly journals The Competitiveness of Indonesian Crude Palm Oil in International Market

2021 ◽  
Vol 19 (1) ◽  
pp. 111-124
Author(s):  
Daeng Ahmad Fakhrian Zuhdi ◽  
Muhammad Faisyal Abdullah ◽  
Muhammad Sri Wahyudi Suliswanto ◽  
Setyo Tri Wahyudi
Keyword(s):  
Palm Oil ◽  
Export Performance ◽  
Secondary Data ◽  
International Market ◽  
Qualitative Approach ◽  
Quantitative Approach ◽  
The European Union ◽  
Crude Palm Oil ◽  
Average Value ◽  
Export Volume

The purpose of this study was to know the competitiveness of Indonesia’s CPO exports in the world and strategies to increase Indonesia’s CPO competitiveness. The required data is secondary data from the report of CPO export in Indonesia in 1993-2017. This research-based on the background by the issue of palm oil discrimination by the European Union, where Europe is one of Indonesia’s main CPO export destinations. This research uses a qualitative-quantitative approach, analysis with a quantitative approach is used to analyze the comparative advantage of Indonesia’s palm oil in the international market used RCA. Analysis with a qualitative approach is used to analyze which strategies will be used to improve the competitiveness of Indonesian palm oil. The results of the study show that in 2017 export performance of Indonesia’s palm oil increased. It showed by the value of RCA>1 which is 55,47 and an average of 37,22, Indonesia has the competitiveness of palm oil because of the increased export volume of palm oil to the major importer countries, such as India, Pakistan, and Europe. Indonesia’s still competitive in Europe and Asia’s market based on the average value of the RCA index.

scholarly journals ANALISIS DAYA SAING DAN TREND EKSPOR CPO INDONESIA DI PASAR INDIA DAN CHINA

2020 ◽  
Vol 20 (1) ◽  
pp. 1
Author(s):  
Siti Nuria Wahyuningsih ◽  
Budiarto Budiarto ◽  
Juarini Juarini
Keyword(s):  
Market Share ◽  
Palm Oil ◽  
Moving Average ◽  
Export Performance ◽  
Crude Palm Oil ◽  
Autoregressive Integrated Moving Average

Penelitian ini bertujuan untuk 1) Menganalisis daya saing CPO (Crude Palm Oil) dan turunan CPO Indonesia  terhadap Malaysia di Pasar India dan China 2) Menganalisis trend ekspor produk CPO dan turunan CPO Indonesia di pasar India dan China beberapa tahun mendatang. Metode dasar yang digunakan dalam penelitian ini adalah analisis deskriptif. Metode pelaksanaan penelitian adalah studi kasus dengan pendekatan kuantitatif. Metode pengumpulan data adalah pencatatan/dokumentasi. Teknik analisis yang digunakan untuk menganalisis daya saing menggunakan indikator RCTA (Revealed Comparative Trade Advantage), CEP (Comparative Export Performance), RA (Rasio Akselerasi) dan MSI (Market Share Index). Untuk analisis trend ekspor menggunakan ARIMA (Autoregressive Integrated Moving Average). Hasil penelitian menunjukkan bahwa: 1) Indonesia memiliki daya saing yang relatif lebih baik untuk pasar India dibandingkan Malaysia. Sementara itu untuk pasar China daya saing kedua negara relatif sama. 2) Trend ekspor CPO mentah dan turunannya sampai periode Desember 2019 membaik untuk pasar India dan tidak membaik untuk pasar China.

scholarly journals THE PROGRESSIVE EXPORT TAX AND INDONESIA’S PALM OIL PRODUCT EXPORT COMPETITIVENESS

2019 ◽  
Vol 13 (2) ◽  
pp. 211-232
Author(s):  
Immanuel ◽  
Suharno ◽  
Amzul Rifin
Keyword(s):  
Palm Oil ◽  
Export Share ◽  
Crude Palm Oil ◽  
Export Tax ◽  
Export Competitiveness ◽  
Export Shares ◽  
The Impact ◽  
Export Product ◽  
Refined Palm Oil ◽  
Lost Opportunity

Abstrak Hubungan antara daya saing produk kelapa sawit dan intervensi kebijakan pemerintah di Indonesia masih sering menjadi perdebatan diantara pemangku kepentingan. Terkait dengan hal tersebut, penelitian ini menganalisis hubungan antara pajak ekspor progresif dengan perubahan pangsa ekspor CPO Crude Palm Oil (CPO) dan Refined Palm Oil (RPO) serta mengkaji daya saing kedua komoditi. Metode yang digunakan adalah Revealed Compared Advantage (RCA) dan Export Product Dynamic (EPD) untuk mengukur perubahan pangsa ekspor serta tingkat daya saing produk CPO dan RPO ke negara tujuan utama ekspor. Untuk melihat dampak kebijakan tersebut, kajian ini membandingkan sebelum dan sesudah diberlakukannya kebijakan pajak ekspor progresif pada akhir tahun 2007 dan menggunakan data bulanan ekspor produk CPO dan RPO periode 1997-2018. Hasil analisis menunjukkan bahwa setelah diberlakukannya pajak ekspor progresif, pada komoditi CPO telah terjadi penurunan pangsa ekspor sebesar 21% dan pergeseran tingkat daya saing produk dari posisi Rising Star ke Lost Opportunity. Sebaliknya pada komoditi RPO terjadi peningkatan pangsa ekspor dan daya saing dari Falling Star ke Rising Star. Peningkatan pangsa ekspor dan daya saing RPO merupakan salah satu pencapaian dari tujuan kebijakan pajak ekspor. Analisis ini memberikan catatan penting bagi pemerintah dalam membuka alternatif pasar baru dengan tetap mempertahankan pangsa ekspor di negara tujuan ekspor utama. Kata Kunci: CPO, Pajak Ekspor, Daya saing, RCA, EPD   Abstract The relationship between Indonesia’s palm oil product competitiveness and the government's policy intervention is still disputable among stakeholders. This research analyzes the association between the progressive export tax and the changes in export shares of Crude Palm Oil (CPO) and Refined Palm Oil (RPO) as well as the competitiveness of both commodities. Revealed comparative advantage (RCA) and export product dynamic (EPD) are used to measure the change in the export shares of CPO and RPO as well as of their export competitiveness to the main destination countries. To examine the impact of this policy, this research compares before and after the enactment of a progressive export tax policy at the end of 2007 and uses monthly export data for CPO and RPO products for the period 1997-2018. The result finds that after the enactment of the progressive export tax of CPO , the export share of CPO declined by 21% and the level of competitiveness of CPO products moved from Rising Star to Lost Opportunity compared with the condition during 1997-2007. In contrast, the export share of RPO products increased and its competitiveness level moved to a better position from Falling Star to Rising Star. Although shifting the export value of both CPO and RPO, as one of the objectives of the implementation of the export tax, was achieved, this study is highlighting essential commentary in which policymaker still needs to search for new export markets while maintaining export shares in the main export destinations. Keywords: CPO, Export Tax, Competitiveness, RCA, EPD JEL Classification: Q17, F13, O24

The Analysis of Potential of Straw Mushroom Development by Using Empty Fruit Bunches Material in Lampung Province

2019 ◽  
Vol 1 (2) ◽  
Author(s):  
Sarono Sarono
Keyword(s):  
Palm Oil ◽  
Efficiency Ratio ◽  
Crude Palm Oil ◽  
Production Scale ◽  
Empty Fruit Bunches ◽  
Straw Mushroom

The empty fruit bunches (EFB) are by-product of crude palm oil (CPO) production, and it is not widely used optimally. One of products produced from EFB with development potentials is straw mushroom. The objective of this research was to analyze the potentials of EFB material and straw mushroom based on EFB material in Lampung province. The result showed that the EFB potential in Lampung province was 111,144 ton annually and straw mushroom was 4,835 ton annually. The biology efficiency ratio of EFB into straw mushroom in production scale was averagely 3.93%. Districts having potentials for developing straw mushroom business by using EFB material were Mesuji, Middle Lampung, Tulang Bawang, Way Kanan, and North Lampung.

EFFECTIVE CROSS HEDGING: EVIDENCE FROM PHYSICAL CRUDE PALM OIL AND ITS INTER-RELATED AGRICULTURAL FUTURES CONTRACTS

2018 ◽  
Vol 17 (2) ◽  
pp. 123
Author(s):  
Noryati Ahmad ◽  
Ahmad Danial Zainudin ◽  
Fahmi Abdul Rahim ◽  
Catherine S F Ho
Keyword(s):  
Palm Oil ◽  
Futures Contracts ◽  
Crude Palm Oil ◽  
Oil Futures ◽  
Futures Contract ◽  
Agricultural Futures ◽  
Cross Hedging ◽  
Optimal Hedge ◽  
Excessive Speculation ◽  
Chicago Board Of Trade

Since its establishment, Crude Palm Oil futures contract (FCPO) has been used to directly hedge its physical crude palm oil (CPO). However, due to the excessive speculation activities on crude palm oil futures market, it has been said to be no longer an effective hedging tool to mitigate the price risk of its underlying physical market. This triggers the need for market players to find possible alternatives to ensure that the hedging role can be executed effectively. Thus this investigation attempts to examine whether other inter-related grains and oil seed futures contracts could serve as effective cross-hedging mechanisms for the CPO. Weekly data of inter-related futures contracts from Chicago Board of Trade (CBOT) and Dalian Commodity Exchange (DCE) are employed to cross hedge the physical crude palm oil prices. The study starts from 2006 until 2016. Empirical results indicate that FCPO is still the best futures contract for hedging purposes while Chicago Soybean (CBOTBO) provides second best alternative if cross-hedging is considered. Keywords: Crude palm oil, Crude palm oil futures, Cross Hedging, Optimal Hedge Ratio, Effective Hedging

A COMPARATIVE STUDY BETWEEN UNIVARIATE AND BIVARIATE TIME SERIES MODELS FOR CRUDE PALM OIL INDUSTRY IN PENINSULAR MALAYSIA

2020 ◽  
Vol 5 (1) ◽  
pp. 374
Author(s):  
Pauline Jin Wee Mah ◽  
Nur Nadhirah Nanyan
Keyword(s):  
Time Series ◽  
Palm Oil ◽  
Moving Average ◽  
Forecast Accuracy ◽  
Peninsular Malaysia ◽  
Time Series Models ◽  
Crude Palm Oil ◽  
Univariate Time Series ◽  
Import And Export ◽  
Bivariate Time Series

The main purpose of this study is to compare the performances of univariate and bivariate models on four time series variables of the crude palm oil industry in Peninsular Malaysia. The monthly data for the four variables, which are the crude palm oil production, price, import and export, were obtained from Malaysian Palm Oil Board (MPOB) and Malaysian Palm Oil Council (MPOC). In the first part of this study, univariate time series models, namely, the autoregressive integrated moving average (ARIMA), fractionally integrated autoregressive moving average (ARFIMA) and autoregressive autoregressive (ARAR) algorithm were used for modelling and forecasting purposes. Subsequently, the dependence between any two of the four variables were checked using the residuals’ sample cross correlation functions before modelling the bivariate time series. In order to model the bivariate time series and make prediction, the transfer function models were used. The forecast accuracy criteria used to evaluate the performances of the models were the mean absolute error (MAE), root mean square error (RMSE) and mean absolute percentage error (MAPE). The results of the univariate time series showed that the best model for predicting the production was ARIMA  while the ARAR algorithm were the best forecast models for predicting both the import and export of crude palm oil. However, ARIMA  appeared to be the best forecast model for price based on the MAE and MAPE values while ARFIMA  emerged the best model based on the RMSE value.  When considering bivariate time series models, the production was dependent on import while the export was dependent on either price or import. The results showed that the bivariate models had better performance compared to the univariate models for production and export of crude palm oil based on the forecast accuracy criteria used.

PEMANFAATAN CPO ASAM LEMAK BEBAS TINGGI SEBAGAI BAHAN BAKAR

2015 ◽  
Vol 11 (1) ◽  
Author(s):  
Zulaicha Dwi Hastuti ◽  
Dwi Husodo Prasetyo ◽  
Erlan Rosyadi
Keyword(s):  
Palm Oil ◽  
Crude Palm Oil ◽  
Plant Oil

Asam lemak bebas (alb) dalam Crude Palm Oil (CPO) merupakan salah satu parameter kualitas CPO.Munculnya asamlemak bebas ini dapat berasal dari faktor pemanenan dan penyimpanan. Asamlemak bebas yang tinggi dalam CPO dapat menurunkan harga CPO. Minyak mentah sawit inimerupakan salah satu sumber energi terbarukan yang diolah, antara lain, menjadi pure plant oil (PPO)dan biodiesel. Namun,masalah utama CPO sebagai bahan baku PPO dan biodiesel adalah asamlemak bebas. Asam lemak bebas dalam CPO yang dapat digunakan untuk PPO dan biodiesel tidakboleh lebih dari 1%. Oleh karena itu, dalam penelitian ini dilakukan usaha untuk menurunkan asamlemak bebas dalam CPO sehingga dapat dimanfaatkan sebagai bahan bakar. Metoda yang digunakanadalah esterifikasi. Asam lemak bebas dikonversi menjadi metil ester. Campuran metil ester dengantrigliserida ini merupakan bahan bakar yang dapat digunakan untuk pengganti BBM. Kondisi yangoptimal untuk proses esterifikasi CPO alb tinggi adalah sebagai berikut : suhu 65oC, waktu 360 menit,katalis 0,25%, dan perbandingan mol metanol 8:1. Dengan proses ini, asam lemak bebas dapatditurunkan menjadi 2,76% (konversi 89,39%). Pada kondisi yang sama dengan katalis yangditingkatkan menjadi 0,5%, asam lemak bebas dapat diturunkan menjadi 1,86% (konversi 92,85%).Pada kondisi yang sama, dengan katalis yang ditingkatkan menjadi 1%, asam lemak bebas dapatditurunkan menjadi 1,75% (konversi 93,28%).Kata kunci: asam lemak bebas, CPO, esterifikasi, PPO, biodiesel

DAYA SAING EKSPOR PRODUK CPO INDONESIA DAN POTENSI HILIRISASI DIOLAH MENJADI BIODIESEL

2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Danar Agus Susanto
Keyword(s):  
Palm Oil ◽  
Comparative Advantage ◽  
Global Market ◽  
National Standard ◽  
Revealed Comparative Advantage ◽  
Crude Palm Oil ◽  
A Value ◽  
World Demand ◽  
Domestic Use

ABSTRACTIndonesia is the world's largest producer of crude palm oil (CPO). Even so, the trend of international trade in Indonesian CPO products has decreased in the last 10 years with a value of -10.19%. The decline in world demand for CPO can be dealt with by utilizing CPO as a biofuel for domestic use, like biodiesel. The purpose of this study is to determine the competitiveness of Indonesian CPO in global trade and determine the parameters of the quality requirements of CPO and biodiesel. The competitiveness analysis method uses the Revealed Comparative Advantage (RCA) method, while the analysis of the potential quality of CPO as a biofuel is carried out by analyzing the Indonesian National Standard (SNI). CPO trade in the global market is controlled by Indonesia with a market share of 50% and Malaysia 25.6%, with the declining trade trend in the last 10 years relatively (2010-2019) of -6.91%. The level of competitiveness of Indonesian CPO products in 2019 is very strong, but on average in the last 10 years, the level of competitiveness of Indonesian CPO is no better than that of Malaysia. Indonesia has SNI 01-2901-2006 and SNI 7182: 2015 as a determinant of the quality of CPO and biodiesel products developed in Indonesia so that the CPO and biodiesel produced fullfil sacurity and safety aspects when used by consumers.Keywords: crude palm oil (CPO), competitivenessv, quality, Indonesian National Standard (SNI) ABSTRAKIndonesia merupakan negara produsen minyak kelapa sawit mentah/ Crude Palm Oil (CPO) terbesar di dunia. Meskipun demikian, tren perdagangan internasional produk CPO Indonesia mengalami penurunan dalam sepuluh tahun terakhir dengan nilai -10,19%. Penurunan permintaan dunia terhadap CPO, dapat disiasati dengan memanfaatkan CPO sebagai bahan bakar nabati untuk keperluan dalam negeri sebagai biodiesel. Tujuan penelitian ini adalah mengetahui daya saing CPO Indonesia dalam perdagangan global dan mengetahui parameter persyaratan mutu CPO dan biodiesel. Metode analisis daya saing menggunakan metode Revealed Comparative Advantage (RCA), sedangkan analisis potensi kualitas CPO sebagai biofuel dilakukan dengan menganalisis Standar Nasional Indoensia (SNI). Perdagangan CPO dalam pasar global dikuasai oleh Indonesia dengan pangsa pasar 50% dan Malaysia 25,6%, dengan tren perdagangan relatif menurun dalam 10 tahun terakhir (2010-2019) sebesar -6,91%. Tingkat daya saing produk CPO Indonesia pada tahun 2019 sangat kuat, namun secara rata-rata dalam 10 tahun terakhir, tingkat daya saing CPO Indonesia tidak lebih baik dari Malaysia. Indonesia memiliki SNI 01-2901-2006 dan SNI 7182:2015 sebagai penentu kualitas produk CPO dan biodiesel yang dikembangkan di Indonesia, sehingga CPO dan biodiesel yang dihasilkan memenuhi aspek keamanan dan keselamatan ketika digunakan oleh konsumen.Kata kunci: crude palm oil (CPO), daya saing, kualitas, Standar Nasional Indonesia (SNI)

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