FFB Price for Independent Smallholders in Riau Getting Cheaper on 13 to 19 September 2023

Palm Oil Magazine
Doc. Sawit Fest 2021 / Arie Basuki

PALMOILMAGAZINE, PEKANBARU – Based on information provided by the Fresh Fruit Bunch (FFB) Team for Independent Smallholders and FFB Documents in Riau Province from September 13 to 19, 2023, the price of 9-year-old FFB has decreased to Rp 2,464.00/kg, marking a reduction of Rp 52.31/kg.

The following is a breakdown of FFB prices in Riau Province, as reported by Palmoilmagazine.com in collaboration with the Riau Province Plantation Agency:

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  • 3-year-old FFB: Rp 1,892.04/kg
  • 4-year-old FFB: Rp 2,120.85/kg
  • 5-year-old FFB: Rp 2,287.52/kg
  • 6-year-old FFB: Rp 2,379.05/kg
  • 7-year-old FFB: Rp 2,431.18/kg
  • 8-year-old FFB: Rp 2,461.86/kg
  • 9-year-old FFB: Rp 2,464.00/kg
  • 10-20-year-old FFB: Rp 2,432.598/kg
  • 21-year-old FFB: Rp 2,386.14/kg
  • 22-year-old FFB: Rp 2,334.21/kg
  • 23-year-old FFB: Rp 2,275.23/kg
  • 24-year-old FFB: Rp 2,230.88/kg
  • 25-year-old FFB: Rp 2,194.07/kg

Crude palm oil (CPO) is Rp. 11.031,11/kg; palm kernel (kernel) is Rp 5.294,98/Kg; shell is Rp 29,93/Kg with K index 91,37% and indirect operational cost: 0,98. (T2)

Disclaimer: this is about to inform FFB price as what local agency decided; it could be different from the spot.

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