SIPEF

Business and Financial Review • Aug 12, 2021

Group production - (in tonnes)

June 2021

	2021					2020					YoY Variation
Fresh fruit bunches produced	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	66 639	78 341			144 980	68 301	71 723			140 024	9,23%	3,54%
Umbul Mas Wisesa Group	53 244	57 090			110 334	44 038	52 346			96 384	9,06%	14,47%
Agro Muko Group	95 628	104 672			200 301	85 147	96 387			181 534	8,60%	10,34%
South Sumatra Group	23 352	24 656			48 008	16 580	14 823			31 404	66,33%	52,88%
Hargy Oil Palms	90 303	92 505			182 808	66 584	65 825			132 409	40,53%	38,06%
Total own	329 167	357 264	0	0	686 431	280 650	301 105	0	0	581 755	18,65%	17,99%
Outgrowers
Tolan Tiga Group	1 199	1 463			2 662	210	465			675	214,64%	294,38%
Umbul Mas Wisesa Group	159	243			402	155	389			544	-37,61%	-26,16%
Agro Muko Group	4 427	4 892			9 319	3 968	4 248			8 216	15,16%	13,43%
South Sumatra Group	2 666	3 334			6 000	1 583	1 525			3 108	118,60%	93,05%
Hargy Oil Palms	58 191	61 709			119 900	59 419	58 039			117 458	6,32%	2,08%
Total outgrowers	66 642	71 640	0	0	138 283	65 335	64 666	0	0	130 001	10,79%	6,37%
Total FFB produced	395 809	428 905	0	0	824 714	345 985	365 770	0	0	711 755	17,26%	15,87%
Fresh fruit bunches sold	Q1 318	Q2 473	Q3	Q4	YTD 791	Q1 0	Q2 0	Q3	Q4	YTD 0	Q2 -	YTD -
Tolan Tiga Group		9 960			19 901	10 020	10 602			20 622	-6,05%	-3,50%
Umbul Mas Wisesa Group	9 941 917	688			1 604	485	469			954	46,50%	68,08%
Agro Muko Group South Sumatra Group	584	1 373			1 957	0	872			872	57,43%	124,37%
Total FFB sold	11 760	12 494	0	0	24 253	10 505	11 943	0	0	22 449	4,61%	8,04%
Fresh fruit bunches processed	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Tolan Tiga Group	67 520	79 332			146 852	68 511	72 188			140 699	9,90%	4,37%
Umbul Mas Wisesa Group	43 462	47 372			90 835	34 172	42 134			76 306	12,43%	19,04%
Agro Muko Group	99 139	108 877			208 015	88 630	100 166			188 796	8,70%	10,18%
South Sumatra Group	25 434	26 617			52 051	18 163	15 476			33 639	71,98%	54,73%
Hargy Oil Palms	148 494	154 214			302 708	126 003	123 864			249 867	24,50%	21,15%
Total FFB processed	384 050	416 411	0	0	800 460	335 480	353 827	0	0	689 306	17,69%	16,13%
PO extraction rate	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Tolan Tiga Group	22,5%	22,9%			22,7%	22,6%	22,6%			22,6%	1,27%	0,41%
Umbul Mas Wisesa Group	23,7%	23,7%			23,7%	23,5%	22,9%			23,2%	3,34%	2,35%
Agro Muko Group	23,2%	23,3%			23,2%	23,8%	23,5%			23,6%	-0,79%	-1,67%
South Sumatra Group	21,4%	22,6%			22,0%	22,5%	21,8%			22,2%	3,52%	-0,66%
Hargy Oil Palms	25,4%	25,5%			25,5%	23,7%	25,0%			24,4%	1,83%	4,48%
Total PO extraction rate	23,9%	24,0%	0,0%	0,0%	23,9%	23,4%	23,7%	0,0%	0,0%	23,6%	1,37%	1,64%
Palm Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	15 004	17 907			32 910	15 467	16 187			31 654	10,62%	3,97%
Umbul Mas Wisesa Group	10 301	11 188			21 489	7 985	9 608			17 593	16,45%	22,15%
Agro Muko Group	21 968	24 256			46 224	20 148	22 482			42 630	7,89%	8,43%
South Sumatra Group	4 904	5 269			10 173	3 734	3 030			6 764	73,86%	50,39%
Hargy Oil Palms	23 045	23 692			46 737	15 809	16 444			32 253	44,08%	44,91%
Total own	75 222	82 312	0	0	157 534	63 142	67 752	0	0	130 894	21,49%	20,35%
Outgrowers
Tolan Tiga Group	199	230			429	49	109			158	110,47%	171,42%
Umbul Mas Wisesa Group	15	23			38	36	40			76	-43,98%	-50,45%
Agro Muko Group	984	1 081			2 065	927	1 013			1 940	6,72%	6,44%
South Sumatra Group	549	734			1 283	348	341			689	115,19%	86,28%
Hargy Oil Palms	14 664	15 639			30 303	14 032	14 579			28 611	7,27%	5,91%
Total outgrowers	16 411	17 707	0	0	34 118	15 391	16 083	0	0	31 474	10,10%	8,40%
Total Palm Oil	91 632	100 019	0	0	191 652	78 533	83 835	0	0	162 368	19,30%	18,04%

Palm Kernels	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	3 665	4 118			7 783	3 795	3 697			7 492	11,39%	3,89%
Umbul Mas Wisesa Group	1 754	1 917			3 671	1 373	1 596			2 969	20,09%	23,64%
Agro Muko Group	4 342	4 640			8 982	3 817	4 741			8 558	-2,12%	4,96%
South Sumatra Group	902	757			1 659	651	544			1 195	39,10%	38,83%
Total own	10 663	11 433	0	0	22 096	9 636	10 578	0	0	20 214	8,08%	9,31%
Outgrowers
Tolan Tiga Group	41	45			86	10	23			33	96,94%	160,12%
Umbul Mas Wisesa Group	3	3			6	6	7			13	-54,19%	-52,03%
Agro Muko Group	193	207			400	171	218			389	-5,16%	2,83%
South Sumatra Group	98	101			199	59	63			122	59,01%	62,93%
Total outgrowers	335	356	0	0	691	246	311	0	0	557	14,25%	24,03%
Total Palm Kernels	10 998	11 788	0	0	22 786	9 881	10 890	0	0	20 771	8,25%	9,70%
Palm Kernel Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Hargy Oil Palms Own	1 809	1 935			3 744	1 302	1 387			2 689	39,50%	39,23%
Hargy Oil Palms Outgrowers	1 188	1 318			2 506	1 158	1 129			2 287	16,78%	9,59%
Total Palm Kernel Oil	2 997	3 253	0	0	6 250	2 460	2 516	0	0	4 976	29,30%	25,61%
Rubber	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	187	98			285	173	97			270	1,03%	5,56%
Melania*	908	278			1 186	746	837			1 583	-66,83%	-25,08%
Agro Muko	399	366			765	498	436			934	-16,15%	-18,09%
Total own	1 495	741	0	0	2 236	1 417	1 370	0	0	2 787	-45,90%	-19,77%
Outgrowers
Tolan Tiga Group	152	67			219	204	55			259	21,82%	-15,44%
Total Rubber	1 647	808	0	0	2 455	1 621	1 425	0	0	3 046	-43,28%	-19,40%
Tea	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Melania - Own*	647	182			829	810	668			1 478	-72,75%	-43,91%
Melania - Outgrowers*	91	45			136	0	0			0	-	-
Total Tea	738	227	0	0	965	810	668	0	0	1 478	-66,02%	-34,71%
Bananas	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Azaguie 1	1 637	1 081			2 718	1 751	919			2 670	17,66%	1,80%
Azaguie 2	1 971	1 945			3 916	2 216	2 111			4 327	-7,86%	-9,50%
Agboville	2 971	1 984			4 955	2 785	1 767			4 552	12,31%	8,85%
Motobe	2 870	2 194			5 064	2 266	2 354			4 620	-6,78%	9,61%
Total Bananas	9 449	7 204	0	0	16 653	9 019	7 150	0	0	16 169	0,76%	2,99%

* PT Melania rubber and tea productions have only been included for 4 months due to sale of PT Melania per 30/04.

Commodity Price Data

June 2021

Average market prices
Product		YTD Q2/2021	YTD Q2/2020	YTD Q4/2020
CPO (CIF Rotterdam)*	in \$/mt	1 116	649	715
CPKO (CIF Rotterdam)*	in \$/mt	1 418	751	826
RSS3 (FOB Singapore)**	in \$/mt	2 263	1 479	1 728
Tea (avg auct Mombasa)**	in \$/mt	1 954	2 232	2 004
Bananas (CFR Europe)***	in €/mt	641	671	628

* Oil World price data

** World bank commodity price data - updated database

*** CIRAD price data (in EUR)

Bananas CFR Europe in €/mt