FFB Price for Independent in Riau on 2-8 August 2023 Increases

Palm Oil Magazine
Doc. Palmoilmagazine.com

PALMOILMAGAZINE, PEKANBARU – As per the announcement from the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province, outlined in Document Number 7 dated 2 – 8 August 2023, there has been a price increase of Rp 69.04/kg for 9-year-old FFB, bringing its new price to Rp 2,469.41/kg.

Here is a compilation of FFB price data for various age categories sourced from Palmoilmagazine.com, based on information obtained from the Riau Province Plantation Agency:

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  • 3-year-old FFB: Rp 1,896.1/kg
  • 4-year-old FFB: Rp 2,125.47/kg
  • 5-year-old FFB: Rp 2,292.47/kg
  • 6-year-old FFB: Rp 2,384.19/kg
  • 7-year-old FFB: Rp 2,436.46/kg
  • 8-year-old FFB: Rp 2,467.20/kg
  • 9-year old FFB is Rp 2.469,41/Kg
  • 10-20-year old FFB is Rp 2.437,97/Kg
  • 21-year old FFB is Rp 2.391,45/Kg
  • 22-year old FFB is Rp 2.339,44/Kg
  • 23-year old FFB is Rp 2.280,35/Kg
  • 24-year old FFB is Rp 2.235,92/Kg
  • 25-year old FFB is Rp 2.199,05/Kg.

Also Read : Palm Oil Stock Prices Rise by Up to 2.88 Percent on Tuesday, August 1

Crude palm oil (CPO) is Rp. 11.109,10/kg; palm kernel (kernel) is Rp 5.368,53/Kg; the shell is Rp 29,28/Kg within K index 90,89% and indirect operational cost: 0 (T2)

Disclaimer: this is from what local agency decided; it could be different from the spot.

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