FFB Price in South Sumatera in the First Period – October 2023

Palm Oil magazine
Doc. Sawit Fest 2021

PALMOILMAGAZINE, PALEMBANG – As of the first period of October 2023 (1st to 15th October 2023), as decided on Tuesday, 10th October 2023, the price of 10 to 20-year-old Fresh Fruit Bunch (FFB) in South Sumatera Province has experienced a decrease of Rp 33.26 per kilogram, resulting in a new price of Rp 2,311.35 per kilogram. The upcoming meeting to discuss FFB prices is scheduled for Wednesday, 18th October 2023.

For further reference, here are the FFB price listings in South Sumatera Province, based on data obtained from Palmoilmagazine.com through the South Sumatera Plantation Agency:

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  • 3-year-old FFB: Rp 2,091.21 per kilogram
  • 4-year-old FFB: Rp 2,070.25 per kilogram
  • 5-year-old FFB: Rp 2,117.09 per kilogram
  • 6-year-old FFB: Rp 2,158.79 per kilogram
  • 7-year-old FFB: Rp 2,196.23 per kilogram
  • 8-year-old FFB: Rp 2,230.39 per kilogram
  • 9-year-old FFB: Rp 2,259.34 per kilogram
  • 10-20-year-old FFB: Rp 2,311.35 per kilogram
  • 21-year-old FFB: Rp 2,281.55 per kilogram
  • 22-year-old FFB: Rp 2,255.89 per kilogram
  • 23-year-old FFB: Rp 2,225.47 per kilogram
  • 24-year-old FFB: Rp 2,190.74 per kilogram
  • 25-year-old FFB: Rp 2,114.56 per kilogram

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Furthermore, the price of Crude Palm Oil (CPO) stands at Rp 10,619.18 per kilogram, while palm kernel (kernel) is priced at Rp 4,994.90 per kilogram, with a K index of 90.70%. (T2)

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

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