FFB Price in Riau Rises Rp 78.94/kg in the period October 25-31, 2023

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Doc. Sawit Fest 2021 / Hendra

PALMOILMAGAZINE, PEKANBARU – Based on information from the FFB Team and FFB Document for Plasma Smallholders in Riau Province for the period of October 25 to 31, 2023, the price of 9-year-old FFB has increased to Rp 2,535.37/kg, marking a significant rise of Rp 78.94/kg.

Here is a breakdown of FFB prices for plasma smallholders in Riau Province, sourced from the Riau Province Plantation Agency via Palmoilmagazine.com :

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  • 3-year-old FFB: Rp 1,930.99/kg
  • 4-year-old FFB: Rp 2,210.41/kg
  • 5-year-old FFB: Rp 2,349.30/kg
  • 6-year-old FFB: Rp 2,454.95/kg
  • 7-year-old FFB: Rp 2,505.28/kg
  • 8-year-old FFB: Rp 2,535.17/kg
  • 9-year-old FFB: Rp 2,535.37/kg
  • 10-20-year-old FFB: Rp 2,519.40/kg
  • 21-year-old FFB: Rp 2,476.51/kg
  • 22-year-old FFB: Rp 2,434.56/kg
  • 23-year-old FFB: Rp 2,390.65/kg
  • 24-year-old FFB: Rp 2,342.10/kg
  • 25-year-old FFB: Rp 2,287.98/kg

Additionally, the prices for other palm products are as follows:

  • Crude palm oil (CPO): Rp 11,146.99/kg
  • Palm kernel: Rp 5,076.45/kg
  • Shell: Rp 19.39/kg

The indirect operational cost stands at 1.45%, and the P index is 91.61%. (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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