PALMOILMAGAZINE, PEKANBARU – Based on the FFB team and FFB documents of Riau Province, as stated in Document Number 26 for the period of July 5 to 11, 2023, it has been determined that the price of 9-year-old FFB will increase by Rp 28.34/kg, reaching Rp 2,441.63/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 1.860,93/Kg;
- the 4 year old FFB is Rp 2.129,33/Kg;
- the 5 year old FFB is Rp 2.262,76/Kg;
- the 6 year old FFB is Rp 2.364,28/Kg;
- the 7 year old FFB is Rp 2.412,68/Kg;
- the 8 year old FFB is Rp 2.441,42/Kg.
- The 9 year old FFB is Rp 2.441,63/Kg;
- the 10-20 year old FFB is Rp 2.426,31/Kg;
- the 21 year old FFB is Rp 2.385,12/Kg;
- the 22 year old FFB is Rp 2.344,84/Kg;
- the 23 year old FFB is Rp 2.302,67/Kg;
- the 24 year old FFB is Rp 2.256,05/Kg; and
- the 25 year old FFB is Rp 2.204,07/Kg.
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Crude palm oil (CPO) is Rp 10.701,18/Kg, palm kernel (kernel) is Rp 4.922,24/Kg, and shell is Rp 23,08/kg, within K index 91,64%.
As Palmoilmagazine.com quoted from the official page of Riau Province, Head of Plantation Agency Riau, Zulfadli said, shell price would be available for one month which is Rp 23,08/Kg. In this period, K index would also be for one month to go, which is 91,64%, CPO selling price this week gets better Rp 32,91 and kernel this week increases Rp 464,93 from last week.
“About CPO selling price: PTPN V Sei Buatan sells it at Rp 10,690.00 /kg and it increases Rp 133.00/kg from last week,” he said. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.