PALMOILMAGAZINE, PEKANBARU – As per the FFB Team and FFB Documents of Riau Province for Independent Smallholders in Riau Number 8, dated August 9 to 15, 2023, it has been determined that the price of 9-year-old FFB has experienced a reduction of Rp 19.20/kg, resulting in a value of Rp 2,450.21/kg.
Here is a breakdown of FFB prices in Riau Province based on information gathered by Palmoilmagazine.com from the Plantation Agency of Riau Province:
- 3-year-old FFB: Rp 1,881.81/kg
- 4-year-old FFB: Rp 2,109.13/kg
- 5-year-old FFB: Rp 2,274.61/kg
- 6-year-old FFB: Rp 2,365.54/kg
- 7-year-old FFB: Rp 2,417.42/kg
- 8-year-old FFB: Rp 2,447.90/kg
- 9-year-old FFB: Rp 2,450.21/kg
- 10-20 year old FFB: Rp 2,419.12/kg
- 21-year-old FFB: Rp 2,373.07/kg
- 22-year-old FFB: Rp 2,321.54/kg
- 23-year-old FFB: Rp 2,263.01/kg
- 24-year-old FFB: Rp 2,219.00/kg
- 25-year-old FFB: Rp 2,182.48/kg
Crude palm oil (CPO) is Rp. 11.065,23/kg; palm kernel (kernel) is Rp 5.393,02/Kg, shell is Rp 29,28/Kg within K index 90,89% and indirect operational cost: 0 (T2)
Disclaimer: this is about to inform FFB price from what local agency decided; it could be different from the spot.