PALMOILMAGAZINE, PALEMBANG – As of the second period in October 2023 (from October 15 to October 31, 2023), which was determined on Wednesday, October 18, 2023, the price of Fresh Fruit Bunch (FFB) for 10 to 20-year-old palms in South Sumatra Province has decreased by Rp 24.97 per kilogram, now priced at Rp 2,286.38/kg. The next meeting to review these prices is scheduled for Wednesday, November 8, 2023.
Here’s a summary of FFB price data in South Sumatra Province, as reported by Palmoilmagazine.com from the South Sumatra Plantation Agency:
- 3-year-old FFB: Rp 1,996.06/kg
- 4-year-old FFB: Rp 2,046.88/kg
- 5-year-old FFB: Rp 2,093.49/kg
- 6-year-old FFB: Rp 2,134.95/kg
- 7-year-old FFB: Rp 2,172.17/kg
- 8-year-old FFB: Rp 2,206.11/kg
- 9-year-old FFB: Rp 2,234.87/kg
- 10-20-year-old FFB: Rp 2,286.38/kg
- 21-year-old FFB: Rp 2,256.72/kg
- 22-year-old FFB: Rp 2,231.25/kg
- 23-year-old FFB: Rp 2,201.06/kg
- 24-year-old FFB: Rp 2,166.60/kg
- 25-year-old FFB: Rp 2,090.02/kg
Also Read :
- FFB Price in South Sumatera in the First Period – July 2023 Increases Rp 176,24/Kg
- President Joko Widodo Convened a Meeting on Palm Oil Issues
- 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
Additionally, the price of Crude Palm Oil (CPO) stands at Rp 10,464.39/kg, and kernel prices are at Rp 4,092.31/kg, with a K index of 90.70%. (T2)
Disclaimer: this is about to inform FFB price from what local agency decided; it could be different from the spot.
