FFB Price for Independent Smallholders in Riau on 30 August to 5 September 2023

Palm Oil Magazine
Doc. Sawit Fest 2021 / Zaeni Muhammad

PALMOILMAGAZINE, PEKANBARU – Based on the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents from Riau Province Number 11 dated August 30 to September 5, 2023, a decision has been reached to raise the price of 9-year-old FFB by Rp 3.07/kg, bringing it to Rp 2,489.37/kg.

Outlined below are the FFB price details in Riau Province sourced from Palmoilmagazine.com through the Plantation Agency of Riau Province:

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– 3-year-old FFB: Rp 1,910.70/kg

– 4-year-old FFB: Rp 2,142.29/kg

– 5-year-old FFB: Rp 2,311.17/kg

– 6-year-old FFB: Rp 2,403.80/kg

– 7-year-old FFB: Rp 2,456.44/kg

– 8-year-old FFB: Rp 2,487.50/kg

– 9-year-old FFB: Rp 2,489.37/kg

– 10-20-year-old FFB: Rp 2,457.40/kg

– 21-year-old FFB: Rp 2,410.24/kg

– 22-year-old FFB: Rp 2,357.58/kg

– 23-year-old FFB: Rp 2,297.76/kg

– 24-year-old FFB: Rp 2,252.79/kg

– 25-year-old FFB: Rp 2,215.46/kg.

Crude palm oil (CPO) is Rp. 11.184,00/kg; palm kernel (kernel) is Rp 5.196,53/Kg, shell is Rp 29,93/Kg with K index 91,37% and indirect operational cost: 0,98. (T2)

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

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