PALMOILMAGAZINE, PEKANBARU – Based on the FFB team and FFB documents of Riau Province, as stated in Document Number 3 for the period of July 5 to 11, 2023, it has been decided that the price of 9-year-old FFB will increase by Rp 92.30/kg, reaching Rp 2,353.00/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 1.809,45/Kg;
- the 4 year old FFB is Rp 2.026,62/Kg;
- the 5 year old FFB is Rp 2.184,33/Kg;
- the 6 year old FFB is Rp 2.271,20/Kg;
- the 7 year old FFB is Rp 2.321,05/Kg;
- the 8 year old FFB is Rp 2.350,15/Kg.
- The 9 year old FFB is Rp 2.353,00/Kg;
- the 10-20 year old FFB is Rp 2.323,69/Kg;
- the 21 year old FFB is Rp 2.280,00/Kg;
- the 22 year old FFB is Rp 2.231,00/Kg;
- the 23 year old FFB is Rp 2.175,34/Kg;
- the 24 year old FFB is Rp 2.133,46/Kg; and
- the 25 year old FFB is Rp 2.098,74/Kg.
Also Read :
Crude palm oil (CPO) is Rp. 10.737,60/kg palm kernel (kernel) is Rp 5.647/Kg within K index 88,65%.
As Palmoilmagazine.com quoted from the official page of Riau Province, the price decision used new yield price table from the study result of Pusat Penelitian Kelapa Sawit (PPKS) Medan that the team agreed with.
“From the result, we came to a conclusion that the most expensive is categorized in 9 year old FFB that gets better Rp 92,30/Kg or increases about 4,08% from last week price,” Head of Processing and Marketing Plantation Agency Riau Province, Defris Hatmaja said, Tuesday (4/7/2023). (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.