SIPEF — Interim / Quarterly Report 2018

Apr 19, 2018

Group production - (in tonnes)

March 2018

	2018				2017					YoY Variation
Fresh fruit bunches produced	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	73 557				73 557	67 317				67 317	9,27%	9,27%
UMW/TUM/CSM Group	46 742				46 742	44 712				44 712	4,54%	4,54%
Agro Muko Group	84 280				84 280	80 677				80 677	4,47%	4,47%
PT Dendymarker	5 435				5 435	0				0	-	-
Musi Rawas Group	1 113				1 113	203				203	448,34%	448,34%
Hargy Oil Palms	84 071				84 071	92 824				92 824	-9,43%	-9,43%
Total own	295 198	0	0	0	295 198	285 733	0	0	0	285 733	3,31%	3,31%
Outgrowers
Tolan Tiga Group	0				0	0				0	-	-
UMW/TUM-CSM Group	0				0	0				0	-	-
Agro Muko Group	3 441				3 441	3 038				3 038	13,25%	13,25%
PT Dendymarker	439				439	0				0	-	-
Musi Rawas Group	78				78	0				0	-	-
Hargy Oil Palms	46 628				46 628	65 521				65 521	-28,83%	-28,83%
Total outgrowers	50 586	0	0	0	50 586	68 559	0	0	0	68 559	-26,22%	-26,22%
Total FFB produced	345 784	0	0	0	345 784	354 292	0	0	0	354 292	-2,40%	-2,40%
Fresh fruit bunches sold	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	0				0	5				5	-100,00%	-100,00%
UMW/TUM/CSM Group	7 674				7 674	7 767				7 767	-1,20%	-1,20%
Musi Rawas Group	1 191				1 191	203				203	486,70%	486,70%
Total FFB sold	8 865	0	0	0	8 865	7 975	0	0	0	7 975	11,16%	11,16%
Fresh fruit bunches processed	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	73 557				73 557	67 312				67 312	9,28%	9,28%
UMW/TUM/CSM Group	39 068				39 068	36 945				36 945	5,75%	5,75%
Agro Muko Group	87 721				87 721	83 715				83 715	4,78%	4,78%
PT Dendymarker	5 874				5 874	0				0	-	-
Musi Rawas Group	0				0	0				0	-
Hargy Oil Palms	130 699				130 699	158 345				158 345	-17,46%	-17,46%
Total FFB processed	336 919	0	0	0	336 919	346 317	0	0	0	346 317	-2,71%	-2,71%
PO extraction rate	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	22,7%				22,7%	22,1%				22,1%	2,63%	2,63%
UMW/TUM Group	24,5%				24,5%	23,4%				23,4%	4,60%	4,60%
Agro Muko Group	23,2%				23,2%	22,7%				22,7%	2,12%	2,12%
Hargy Oil Palms	23,5%				23,5%	24,2%				24,2%	-2,98%	-2,98%
PT Dendymarker	15,1%				15,1%	-				-	-	-
Total PO extraction rate	0	0	0	0	0	0	0	0	0	0	-0,64%	-0,64%
Palm Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	16 689				16 689	14 881				14 881	12,15%	12,15%
UMW/TUM Group	9 572				9 572	8 654				8 654	10,61%	10,61%
Agro Muko Group	19 576				19 576	18 344				18 344	6,72%	6,72%
PT Dendymarker	821				821	0				0	-	-
Hargy Oil Palms	19 851				19 851	22 393				22 393	-11,35%	-11,35%
Total own	66 509	0	0	0	66 509	64 272	0	0	0	64 272	3,48%	3,48%
Outgrowers
Tolan Tiga Group	0				0	0				0	-	-
UMW/TUM/CSM Group	0				0	0				0	-	-
Agro Muko Group	750				750	651				651	15,21%	15,21%
PT Dendymarker	64				64	0				0	-	-
Hargy Oil Palms	10 862				10 862	15 958				15 958	-31,93%	-31,93%
Total outgrowers	11 676	0	0	0	11 676	16 609	0	0	0	16 609	-29,70%	-29,70%
Total Palm Oil	78 185	0	0	0	78 185	80 881	0	0	0	80 881	-3,33%	-3,33%

Palm Kernels	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	4 118				4 118	3 793				3 793	8,57%	8,57%
UMW/TUM Group	1 576				1 576	1 499				1 499	5,14%	5,14%
Agro Muko Group	4 310				4 310	4 188				4 188	2,91%	2,91%
PT Dendymarker	213				213	0				0	-	-
Total own	10 217	0	0	0	10 217	9 480	0	0	0	9 480	7,77%	7,77%
Outgrowers											-	-
Tolan Tiga Group	0				0	0				0	-	-
UMW/TUM Group	0				0	0				0	-	-
Agro Muko Group	152				152	135				135	12,59%	12,59%
PT Dendymarker	16				16	0				0	-	-
Total outgrowers	168	0	0	0	168	135	0	0	0	135	24,44%	24,44%
Total Palm Kernels	10 385	0	0	0	10 385	9 615	0	0	0	9 615	8,01%	8,01%
Palm Kernel Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Hargy Oil Palms Own	1 616				1 616	1 945				1 945	-16,92%	-16,92%
Hargy Oil Palms Outgrowers	926				926	1 418				1 418	-34,70%	-34,70%
Total Palm Kernel Oil	2 542	0	0	0	2 542	3 363	0	0	0	3 363	-24,41%	-24,41%
Rubber	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	643				643	791				791	-18,71%	-18,71%
Melania	965				965	1 007				1 007	-4,17%	-4,17%
Agro Muko	686				686	535				535	28,22%	28,22%
Total Rubber	2 294	0	0	0	2 294	2 333	0	0	0	2 333	-1,67%	-1,67%
Tea	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Melania	595				595	578				578	2,94%	2,94%
Total Tea	595	0	0	0	595	578	0	0	0	578	2,94%	2,94%
Bananas	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Azaguie 1	1 345				1 345	1 594				1 594	-15,62%	-15,62%
Azaguie 2	2 395				2 395	1 582				1 582	51,39%	51,39%
Agboville	2 038				2 038	2 578				2 578	-20,95%	-20,95%
Motobe	1 538				1 538	2 387				2 387	-35,57%	-35,57%
Total Bananas	7 316	0	0	0	7 316	8 141	0	0	0	8 141	-10,13%	-10,13%

Commodity Price Data March 2018

Average market prices*
Product	YTD Q1/2018	YTD Q1/2017	YTD Q4/2017
CPO (CIF Rotterdam) in \$/mt	674	773	715
CPKO (CIF Rotterdam) in \$/mt	1 143	1 521	1 279
RSS3 (FOB Singapore) in \$/mt	1 733	2 539	1 995
Tea (avg auct Mombasa) in \$/mt	2 751	2 815	2 804
Bananas (FOT Europe) in \$/mt	1 055	839	899

* World Bank Commodity Price Data