PALMOILMAGAZINE, MEDAN – As per the report from the Fresh Fruit Bunch (FFB) Team of North Sumatra Province for the week of September 20-26, 2023, there has been an improvement in FFB prices.
Specifically, FFB aged between 10 and 20 years is now priced at Rp 2,445.21 per kilogram, reflecting an increase of Rp 21.49/kg.
Here are the tender prices for various age categories of FFB in North Sumatra, as obtained by Palmoilmagazine.com from the North Sumatra Plantation Agency:
- 3-year-old FFB: Rp 1,902.56/kg
- 4-year-old FFB: Rp 2,079.48/kg
- 5-year-old FFB: Rp 2,191.57/kg
- 6-year-old FFB: Rp 2,253.02/kg
- 7-year-old FFB: Rp 2,276.81/kg
- 8-year-old FFB: Rp 2,334.18/kg
- 9-year-old FFB: Rp 2,381.05/kg
- 10-20-year-old FFB: Rp 2,445.21/kg
- 21-year-old FFB: Rp 2,439.26/kg
- 22-year-old FFB: Rp 2,404.71/kg
- 23-year-old FFB: Rp 2,379.04/kg
- 24-year-old FFB: Rp 2,294.15/kg
- 25-year-old FFB: Rp 2,218.14/kg.
Crude palm oil (CPO) is Rp 10.729,74/Kg and kernel is Rp 5.185,18/Kg within K index 92,00%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.