Independent FFB Prices in Riau from October 18 to 24, 2023: The Highest Rate Reaches Rp 2,432.64/kg

PALMOILMAGAZINE, PEKANBARU – According to the FFB Team of Independent Smallholders and FFB Documentation for Independent in Riau Province from October 18 to 24, 2023, the price of 9-year-old FFB has increased by Rp 20.43 per kilogram, now reaching Rp 2,432.64 per kilogram.

Here is a breakdown of FFB prices for independent smallholders in Riau Province, as reported by Palmoilmagazine.com, and sourced from the Riau Province Plantation Agency:

• 3-year-old FFB: Rp 1,869.10 per kilogram
• 4-year-old FFB: Rp 2,093.96 per kilogram
• 5-year-old FFB: Rp 2,256.72 per kilogram
• 6-year-old FFB: Rp 2,346.67 per kilogram
• 7-year-old FFB: Rp 2,398.67 per kilogram
• 8-year-old FFB: Rp 2,428.79 per kilogram
• 9-year-old FFB: Rp 2,432.64 per kilogram
• 10-20-year-old FFB: Rp 2,402.84 per kilogram
• 21-year-old FFB: Rp 2,358.04 per kilogram
• 22-year-old FFB: Rp 2,307.63 per kilogram
• 23-year-old FFB: Rp 2,250.35 per kilogram
• 24-year-old FFB: Rp 2,207.22 per kilogram
• 25-year-old FFB: Rp 2,171.51 per kilogram.

Also Read :

• FFB Price for Independent in Riau Period 11 to 17 October 2023
• Removing the barriers to the sustainability of the Indonesian palm oil
• IPOA Will Held the 19th IPOC and 2024 Price Outlook in Bali
• Time for the Government to Listen to the Labor Voice

Crude palm oil (CPO) is Rp. 10.695,81/kg; palm kernel (kernel) is Rp 6.151/Kg, shell is Rp 15,63/Kg with K index 91,66% and indirect operational cost`: 1,46. (T2)

Disclaimer: this is from what local agency decided; it could be different from the spot.