PALMOILMAGAZINE, PEKANBARU – Based on information provided by the FFB Team and FFB Document for Independent Smallholders in Riau Province during the period of October 25 to 31, 2023, the price of 9-year-old FFB has seen a substantial increase, rising by Rp 37.73/kg to reach Rp 2,470.38/kg.
Here is the breakdown of FFB prices for independent smallholders in Riau Province, as reported by Palmoilmagazine.com through the Plantation Agency of Riau Province:
- 3-year-old FFB: Rp 1,892.48/kg
- 4-year-old FFB: Rp 2,123.80/kg
- 5-year-old FFB: Rp 2,292.57/kg
- 6-year-old FFB: Rp 2,385.10/kg
- 7-year-old FFB: Rp 2,437.62/kg
- 8-year-old FFB: Rp 2,468.65/kg
- 9-year-old FFB: Rp 2,470.38/kg
- 10-20-year-old FFB: Rp 2,438.36/kg
- 21-year-old FFB: Rp 2,391.19/kg
- 22-year-old FFB: Rp 2,338.54/kg
- 23-year-old FFB: Rp 2,278.73/kg
- 24-year-old FFB: Rp 2,233.78/kg
- 25-year-old FFB: Rp 2,196.45/kg
In addition, the prices for other palm products are as follows:
- Crude palm oil (CPO): Rp 11,145.94/kg
- Palm kernel: Rp 5,100.07/kg
- Shell: Rp 15.63/kg
The P index is 91.66%, and the indirect operational cost stands at 1.46%.. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
