PALMOILMAGAZINE, PEKANBARU – As per the findings of the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and the FFB Documents of Riau Province Number 9 spanning from August 16 to August 22, 2023, a decision has been reached to lower the price of 9-year-old FFB by Rp 47.05/Kg, bringing it down to Rp 2,403.16/kg.
Here is the compilation of FFB price listings in Riau Province sourced from the Plantation Agency Riau Province, as gathered by Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,844.60/Kg
- 4-year-old FFB: Rp 2,068.14/Kg
- 5-year-old FFB: Rp 2,231.16/Kg
- 6-year-old FFB: Rp 2,320.58/Kg
- 7-year-old FFB: Rp 2,371.38/Kg
- 8-year-old FFB: Rp 2,401.36/Kg
- 9-year-old FFB: Rp 2,403.16/Kg
- 10-20-year-old FFB: Rp 2,372.29/Kg
- 21-year-old FFB: Rp 2,326.77/Kg
- 22-year-old FFB: Rp 2,275.93/Kg
- 23-year-old FFB: Rp 2,218.18/Kg
- 24-year-old FFB: Rp 2,174.77/Kg
- 25-year-old FFB: Rp 2,138.73/Kg.
Also Read :
- FFB Price for Independent in Riau on 2-8 August 2023 Increases
- FFB Price for Independent Smallholders in Riau on 26 July – 1 August 2023
Crude palm oil (CPO) is Rp. 10.853,53/kg; palm kernel (kernel) is Rp 5.036,27/Kg, shell is Rp 29,28/Kg within K index 90,89% and indirect operational cost: 0 (T2)
Disclaimer: this is only about to inform FFB price from what local agency decided; it could be different from the spot.