Decline in FFB Prices in South Sumatra During the Second Period of June 2023

Palm Oil Magazine
Doc. Palmoilmagazine.com

PALMOILMAGAZINE, PALEMBANG – The Fresh Fruit Bunch (FFB) Team of South Sumatera Selatan Province has announced a price reduction for 10 to 20-year-old FFB. Effective from Friday, 20th June 2023, the price per kilogram has been reduced from Rp 81.7 to Rp 2,038.43. The team has scheduled the next meeting for Tuesday, 11th July 2023.

Here are FFB price lists in South Sumatera Province from what Palmoilmagazine.com got from Plantation Agency South Sumatera Province:

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  • the 3 year old FFB is Rp 1.780,17/Kg;
  • the 4 year old FFB is Rp 1.825,34/Kg;
  • the 5 year old FFB is Rp 1.866,78/Kg;
  • the 6 year old FFB is Rp 1.903,64/Kg;
  • the 7 year old FFB is Rp 1.936,75/Kg;
  • the 8 year old FFB is Rp 1.966,95/Kg.
  • The 9 year old FFB is Rp 1.992,53/Kg;
  • the 10-20 year old FFB is Rp 2.038,43/Kg;
  • the 21 year old FFB is Rp 2.012,07/Kg;
  • the 22 year old FFB is Rp 1.989,39/Kg;
  • the 23 year old FFB is Rp 1.962,52/Kg;
  • the 24 year old FFB is Rp 1.931,85/Kg;
  • the 25 year old FFB is Rp 1.864,10/Kg.

Also Read : FFB Price in North Sumatera on 14 – 20 June 2023 Down to Rp 6,03/Kg

FFB Price in Riau on 14 – 20 June 2023 Drop Rp 76,72/kg

Wednesday (14/6/2023) Palm Oil Stock Price Still Green Led by PALM Shares up

Crude palm oil (CPO) is Rp 9.476,50/Kg and palm kernel (kernel) is Rp 4.536,43/Kg within K index 89,46%. (T2)

Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.

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