PALMOILMAGAZINE, PEKANBARU – Based on the FFB Team and FFB Documents of Riau Province, specifically Document Number 25 for the period of 28 June to 4 July 2023, it has been determined that the price of 10-20 year old Fresh Fruit Bunch (FFB) has increased by Rp 93.3/kg, reaching a new price of Rp 2,397.90/kg.
Here are FFB price lists in Riau Province from what Palmoilmagazine.com got from Plantation Agency Riau Province:
- the 3 year old FFB is Rp 1.836,81/Kg;
- the 4 year old FFB is Rp 2.104,05/Kg;
- the 5 year old FFB is Rp 2.236,62/Kg;
- the 6 year old FFB is Rp 2.337,33/Kg;
- the 7 year old FFB is Rp 2.384,93/Kg;
- the 8 year old FFB is Rp 2.413,37/Kg.
- The 9 year old FFB is Rp 2.413,29/Kg;
- the 10-20 year old FFB is Rp 2.397,90/Kg;
- the 21 year old FFB is Rp 2.356,84/Kg;
- the 22 year old FFB is Rp 2.316,59/Kg;
- the 23 year old FFB is Rp 2.274,55/Kg;
- the 24 year old FFB is Rp 2.228,03/Kg;
- the 25 year old FFB is Rp 2.176,22/Kg.
Crude palm oil (CPO) is Rp 10.668,27/Kg; palm kernel (kernel) is Rp 4.457,31/Kg, and shell is Rp 23,08/kg, within K index 91.64%.
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As Palmoilmagazine.com quoted from the official page of Riau Province, Head of Plantation Agency Riau, Zulfadli said, the main factor to the increasing FFB price happened for the increasing CPO price from the companies as the sources of data. K index used would be for one month to go, which is, 91.64%. CPO in scale this week increases Rp 535,72 and kernel decreases Rp 331,52 from last week. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
