PALMOILMAGAZINE, PEKANBARU – According to Riau Province’s Plantation Agency Document Number 40, issued by the Fresh Fruit Bunch (FFB) Team of Plasma Smallholders, from October 11 to October 17, 2023, a decision has been made to reduce the price of 9-year-old FFB. The rate has been adjusted from Rp 10.81 per kilogram to Rp 2,472.02 per kilogram.
Here is the FFB pricing structure for plasma smallholders in Riau Province, as reported by Palmoilmagazine.com with information from Riau Province Plantation Agency:
- 3-year-old FFB: Rp 1,883.67 per kilogram
- 4-year-old FFB: Rp 2,155.50 per kilogram
- 5-year-old FFB: Rp 2,290.68 per kilogram
- 6-year-old FFB: Rp 2,393.54 per kilogram
- 7-year-old FFB: Rp 2,442.64 per kilogram
- 8-year-old FFB: Rp 2,471.76 per kilogram
- 9-year-old FFB: Rp 2,472.02 per kilogram
- 10-20-year-old FFB: Rp 2,472.02 per kilogram
- 21-year-old FFB: Rp 2,456.52 per kilogram
- 22-year-old FFB: Rp 2,414.81 per kilogram
- 23-year-old FFB: Rp 2,331.32 per kilogram
- 24-year-old FFB: Rp 2,284.11 per kilogram
- 25-year-old FFB: Rp 2,231.48 per kilogram
Crude palm oil (CPO) is Rp 10.819,93/Kg, palm kernel (kernel) is Rp 5.030,9/Kg, shell is Rp 20,30/kg, indirect operational cost: 1,49%, with K index 91,78%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
