PALMOILMAGAZINE, PEKANBARU – According to the latest update from the Fresh Fruit Bunch (FFB) Team of Plasma Smallholders and FFB Documents for Plasma Smallholders in Riau Province, dated September 27th to October 3rd, 2023, it has been determined that the price of 9-year-old FFB will decrease by Rp 26.55 per kilogram, resulting in a new price of Rp 2,448.46 per kilogram.
Furthermore, here are the FFB price listings for Riau Province, as reported by Palmoilmagazine.com and obtained from the Riau Province Plantation Agency:
- 3-year-old FFB: Rp 1,864.06 per kilogram
- 4-year-old FFB: Rp 2,134.59 per kilogram
- 5-year-old FFB: Rp 2,268.93 per kilogram
- 6-year-old FFB: Rp 2,371.06 per kilogram
- 7-year-old FFB: Rp 2,419.52 per kilogram
- 8-year-old FFB: Rp 2,448.40 per kilogram
- 9-year-old FFB: Rp 2,448.46 per kilogram
- 10-20-year-old FFB: Rp 2,432.94 per kilogram
- 21-year-old FFB: Rp 2,391.40 per kilogram
- 22-year-old FFB: Rp 2,350.72 per kilogram
- 23-year-old FFB: Rp 2,308.19 per kilogram
- 24-year-old FFB: Rp 2,261.14 per kilogram
- 25-year-old FFB: Rp 2,208.71 per kilogram.
Crude palm oil (CPO) was Rp 10.776,69/Kg, palm kernel (kernel) is Rp 4.715,04/Kg, shell is Rp 20,30/kg, indirect operational cost: 1,49% within K index 91,78%. (T2)
Disclaimer: this is about to inform FFB price from what local agency decided; it could be different from the spot.