PALMOILMAGAZINE, PEKANBARU – Based on the findings of the Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and the FFB Documents of Riau Province Number 32 spanning from August 16 to August 22, 2023, a resolution has been reached to decrease the price of 9-year-old FFB by Rp 34.82/Kg, resulting in a new price of Rp 2,447.54/kg.
Here is the compilation of FFB price listings in Riau Province as reported by Palmoilmagazine.comand sourced from the Riau Province Plantation Agency:
– 3-year-old FFB: Rp 1,865.96/Kg
– 4-year-old FFB: Rp 2,134.68/Kg
– 5-year-old FFB: Rp 2,268.31/Kg
– 6-year-old FFB: Rp 2,369.98/Kg
– 7-year-old FFB: Rp 2,418.51/Kg
– 8-year-old FFB: Rp 2,447.29/Kg
– 9-year-old FFB: Rp 2,447.54/Kg
– 10-20-year-old FFB: Rp 2,432.21/Kg
– 21-year-old FFB: Rp 2,390.98/Kg
– 22-year-old FFB: Rp 2,350.66/Kg
– 23-year-old FFB: Rp 2,308.44/Kg
– 24-year-old FFB: Rp 2,261.77/Kg
– 25-year-old FFB: Rp 2,209.74/Kg.
Crude palm oil (CPO) is Rp 10.797,02/Kg, palm kernel (kernel) is Rp 5.010,22/Kg, shell is Rp 24,30/kg, indirect operational cost: 1,48%, within K index 90,93%. (T2)
Disclaimer: this is only about to inform FFB price from what local agency decided; it could be different from the spot.
