PALMOILMAGAZINE, PEKANBARU – According to the Fresh Fruit Bunch (FFB) Team for Independent Smallholders and FFB Documentation in Riau Province for the period of November 1 to 7, 2023, the price of 9-year-old FFB has decreased by Rp 19.53 per kilogram, resulting in a new rate of Rp 2,450.85 per kilogram.
Here is the FFB price list for independent smallholders in Riau Province, based on information obtained from the Riau Province Plantation Agency, as reported by Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,878.04 per kilogram
- 4-year-old FFB: Rp 2,107.27 per kilogram
- 5-year-old FFB: Rp 2,274.38 per kilogram
- 6-year-old FFB: Rp 2,366.07 per kilogram
- 7-year-old FFB: Rp 2,418.20 per kilogram
- 8-year-old FFB: Rp 2,448.94 per kilogram
- 9-year-old FFB: Rp 2,450.85 per kilogram
- 10-20-year-old FFB: Rp 2,419.25 per kilogram
- 21-year-old FFB: Rp 2,372.60 per kilogram
- 22-year-old FFB: Rp 2,320.50 per kilogram
- 23-year-old FFB: Rp 2,261.31 per kilogram
- 24-year-old FFB: Rp 2,216.82 per kilogram
- 25-year-old FFB: Rp 2,179.89 per kilogram
The prices of crude palm oil (CPO) are at Rp 11,031.98 per kilogram, palm kernel at Rp 5,162.00 per kilogram, and shell at Rp 15.63 per kilogram, with a P index of 91.66% and indirect operational costs at 1.46%. (T2)
Disclaimer: this is from what local agency decided; it could be different from the spot.
