SIPEF — Interim / Quarterly Report 2022

Aug 18, 2022

Group production - (in tonnes)

June 2022

	2022					2021					YoY Variation
Fresh fruit bunches produced	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	62 011	82 723			144 734	66 639	78 341			144 980	5,59%	-0,17%
Umbul Mas Wisesa Group	47 252	62 756			110 008	53 244	57 090			110 334	9,93%	-0,30%
Agro Muko Group	75 100	97 620			172 720	95 628	104 672			200 301	-6,74%	-13,77%
South Sumatra Group	31 274	36 018			67 292	23 352	24 656			48 008	46,08%	40,17%
Hargy Oil Palms	93 239	104 840			198 079	90 303	92 505			182 808	13,33%	8,35%
Total own	308 876	383 956	0	0	692 832	329 167	357 264	0	0	686 431	7,47%	0,93%
Outgrowers
Tolan Tiga Group	3 339	3 764			7 103	1 199	1 463			2 662	157,26%	166,82%
Umbul Mas Wisesa Group	168	419			587	159	243			402	72,78%	46,13%
Agro Muko Group	3 887	4 613			8 500	4 427	4 892			9 319	-5,70%	-8,78%
South Sumatra Group	5 118	5 715			10 833	2 666	3 334			6 000	71,45%	80,56%
Hargy Oil Palms	55 239	62 292			117 532	58 191	61 709			119 900	0,94%	-1,98%
Total outgrowers	67 752	76 804	0	0	144 555	66 642	71 640	0	0	138 283	7,21%	4,54%
Total FFB produced	376 628	460 760	0	0	837 388	395 809	428 905	0	0	824 714	7,43%	1,54%
Fresh fruit bunches sold	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Tolan Tiga Group	2 154	2 321			4 475	318	473			791	391,12%	466,04%
Umbul Mas Wisesa Group	9 973	11 567			21 540	9 941	9 960			19 901	16,13%	8,23%
Agro Muko Group	1 163	1 349			2 511	917	688			1 604	96,16%	56,55%
South Sumatra Group	8 497	7 789			16 286	584	1 373			1 957	467,13%	732,04%
Total FFB sold	21 787	23 025	0	0	44 813	11 760	12 494	0	0	24 253	84,29%	84,77%
Fresh fruit bunches processed	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Tolan Tiga Group	63 196	84 166			147 362	67 520	79 332			146 852	6,09%	0,35%
Umbul Mas Wisesa Group	37 446	51 609			89 055	43 462	47 372			90 835	8,94%	-1,96%
Agro Muko Group	77 825	100 884			178 709	99 139	108 877			208 015	-7,34%	-14,09%
South Sumatra Group	27 895	33 944			61 839	25 434	26 617			52 051	27,53%	18,80%
Hargy Oil Palms	148 478	167 132			315 610	148 494	154 214			302 708	8,38%	4,26%
Total FFB processed	354 841	437 734	0	0	792 575	384 050	416 411	0	0	800 460	5,12%	-0,99%
PO extraction rate	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Tolan Tiga Group	22,6%	22,9%			22,8%	22,5%	22,9%			22,7%	0,12%	0,22%
Umbul Mas Wisesa Group	23,7%	23,7%			23,7%	23,7%	23,7%			23,7%	0,14%	-0,05%
Agro Muko Group	23,2%	23,4%			23,3%	23,2%	23,3%			23,2%	0,55%	0,40%
South Sumatra Group	23,1%	22,9%			23,0%	21,4%	22,6%			22,0%	1,73%	4,48%
Hargy Oil Palms	25,3%	25,4%			25,4%	25,4%	25,5%			25,5%	-0,24%	-0,22%
Total PO extraction rate	24,0%	24,1%	0,0%	0,0%	24,1%	23,9%	24,0%	0,0%	0,0%	23,9%	0,26%	0,46%
	Q1	Q2	Q3	Q4			Q2	Q3	Q4	YTD	Q2
Palm Oil					YTD	Q1						YTD
Own	13 988	18 926			32 914	15 004	17 907			32 910	5,69%	0,01%
Tolan Tiga Group Umbul Mas Wisesa Group	8 828	12 196			21 024	10 301	11 188			21 489	9,01%	-2,17%
Agro Muko Group	17 199	22 734			39 933	21 968	24 256			46 224	-6,28%	-13,61%
South Sumatra Group	5 277	6 511			11 788	4 904	5 269			10 173	23,59%	15,88%
	23 736	26 769			50 505	23 045	23 692			46 737	12,99%	8,06%
Hargy Oil Palms Total own	69 027	87 136	0	0	156 163	75 222	82 312	0	0	157 534	5,86%	-0,87%
Outgrowers
Tolan Tiga Group	274	340			614	199	230			429	47,59%	43,13%
Umbul Mas Wisesa Group	35	35			70	15	23			38	54,34%	85,90%
Agro Muko Group	846	871			1 717	984	1 081			2 065	-19,38%	-16,85%
South Sumatra Group	1 156	1 277			2 433	549	734			1 283	73,88%	89,54%
Hargy Oil Palms	13 889	15 756			29 645	14 664	15 639			30 303	0,75%	-2,17%
Total outgrowers	16 199	18 280	0	0	34 478	16 411	17 707	0	0	34 118	3,23%	1,06%
Total Palm Oil	85 226	105 416	0	0	190 642	91 632	100 019	0	0	191 652	5,40%	-0,53%

Palm Kernels	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	3 271	4 551			7 822	3 665	4 118			7 783	10,52%	0,50%
Umbul Mas Wisesa Group	1 480	2 097			3 577	1 754	1 917			3 671	9,38%	-2,56%
Agro Muko Group	3 256	3 854			7 110	4 342	4 640			8 982	-16,94%	-20,84%
South Sumatra Group	751	888			1 639	902	757			1 659	17,32%	-1,19%
Total own	8 758	11 390	0	0	20 149	10 663	11 433	0	0	22 096	-0,37%	-8,81%
Outgrowers
Tolan Tiga Group	55	67			122	41	45			86	48,89%	42,13%
Umbul Mas Wisesa Group	6	6			12	3	3			6	94,96%	92,42%
Agro Muko Group	167	195			362	193	207			400	-5,92%	-9,60%
South Sumatra Group	156	165			321	98	101			199	63,48%	61,39%
Total outgrowers	384	433	0	0	816	335	356	0	0	691	21,56%	18,18%
Total Palm Kernels	9 142	11 823	0	0	20 965	10 998	11 788	0	0	22 786	0,29%	-7,99%
Palm Kernel Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Hargy Oil Palms Own	1 869	2 068			3 937	1 809	1 935			3 744	6,88%	5,15%
Hargy Oil Palms Outgrowers	1 125	1 228			2 354	1 188	1 318			2 506	-6,82%	-6,10%
Total Palm Kernel Oil	2 994	3 297	0	0	6 290	2 997	3 253	0	0	6 250	1,33%	0,64%
Rubber	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Own
Tolan Tiga Group	87	58			145	187	98			285	-40,82%	-49,12%
Agro Muko	234	214			448	399	366			765	-41,47%	-41,44%
Total own	321	272	0	0	593	586	464	0	0	1 050	-41,33%	-43,52%
Outgrowers
Tolan Tiga Group	159	64			223	152	67			219	-4,48%	1,83%
Total Rubber	480	336	0	0	816	738	531	0	0	1 269	-36,68%	-35,70%
Bananas	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q2	YTD
Azaguié	2 739	3 597			6 336	3 608	3 027			6 635	18,85%	-4,51%
Agboville	2 464	2 079			4 543	2 971	1 984			4 955	4,79%	-8,31%
Motobé	2 313	2 549			4 862	2 870	2 194			5 064	16,20%	-3,99%
Lumen	0	35			35	0	0			0	-	-
Akoudje	0	0			0	0	0			0	-	-
Total Bananas	7 515	8 261	0	0	15 776	9 449	7 205	0	0	16 654	14,66%	-5,27%

CIF Rotterdam

Commodity Price Data

June 2022

Average market prices
Product		YTD Q2/2022	YTD Q2/2021	YTD Q4/2021
CPO (CIF Rotterdam)*	in \$/mt	1 617	1 116	1 195
CPKO (CIF Rotterdam)*	in \$/mt	2 052	1 418	1 517
RSS3 (FOB Singapore)**	in \$/mt	2 065	2 263	2 071
Bananas (CFR Europe)***	in €/mt	735	641	616

* Oil World price data

2021 2022

1 400 1 600 1 800 2 000 2 200 2 400 2 600

Crude Palm Kernel Oil in \$/mt

900 1 000