Indonesia’s Minister of Agriculture, Andi Amran Sulaiman, has reported that approximately 130 palm oil companies have yet to increase the price of fresh fruit bunches (TBS) paid to farmers. The Minister indicated this lack of price adjustment is a concern, as it impacts the income of smallholder farmers. He did not specify the reasons for the companies’ inaction, but emphasized the need for compliance with regulations intended to ensure fair pricing. The government is monitoring the situation closely and expects companies to implement the required price increases promptly. This issue highlights ongoing challenges in the Indonesian palm oil sector regarding price transparency and equitable distribution of profits. Further details regarding potential enforcement actions were not immediately available. The Minister’s statement signals a commitment to protecting the livelihoods of palm oil farmers.
