PALMOILMAGAZINE, PEKANBARU – As per the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province, a decision has been reached for the pricing of 9-year-old FFB. Effective from October 11 to October 17, 2023, the cost per kilogram for 9-year-old FFB has been adjusted from Rp 11.71 to Rp 2,412.21.
Here are the FFB price tiers in Riau Province for independent smallholders, as reported by Palmoilmagazine.com through the Plantation Agency of Riau Province:
- 3-year-old FFB: Rp 1,849.73 per kilogram
- 4-year-old FFB: Rp 2,074.85 per kilogram
- 5-year-old FFB: Rp 2,239.02 per kilogram
- 6-year-old FFB: Rp 2,329.06 per kilogram
- 7-year-old FFB: Rp 2,380.22 per kilogram
- 8-year-old FFB: Rp 2,410.41 per kilogram
- 9-year-old FFB: Rp 2,412.21 per kilogram
- 10-20-year-old FFB: Rp 2,381.12 per kilogram
- 21-year-old FFB: Rp 2,335.28 per kilogram
- 22-year-old FFB: Rp 2,284.08 per kilogram
- 23-year-old FFB: Rp 2,225.93 per kilogram
- 24-year-old FFB: Rp 2,182.21 per kilogram
- 25-year-old FFB: Rp 2,145.92 per kilogram
Also Read : FFB Price in Central Kalimantan in August 2023 Increased
Crude palm oil (CPO) is Rp. 10.885,04/kg; palm kernel (kernel) is Rp 5.047,67/Kg, shell is Rp 21,74/Kg with K index 91,27% and indirect operational cost: 0,82. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.