PALMOILMAGAZINE, MEDAN – According to the Fresh Fruit Bunch (FFB) Team in North Sumatera Province, during the period of November 1 to 7, 2023, they have decided to raise the FFB prices for palms aged 10 to 20 years by Rp 28.89 per kilogram, bringing the new price to Rp 2,507.91 per kilogram.
Here is a list of FFB prices in North Sumatera, sourced from the Plantation Agency of North Sumatera Province through Palmoilmagazine.com:
- FFB from 3-year-old palms is priced at Rp 1,951.35 per kilogram.
- FFB from 4-year-old palms is priced at Rp 2,132.81 per kilogram.
- FFB from 5-year-old palms is priced at Rp 2,247.76 per kilogram.
- FFB from 6-year-old palms is priced at Rp 2,310.79 per kilogram.
- FFB from 7-year-old palms is priced at Rp 2,335.19 per kilogram.
- FFB from 8-year-old palms is priced at Rp 2,394.03 per kilogram.
- FFB from 9-year-old palms is priced at Rp 2,442.10 per kilogram.
- FFB from 10-20-year-old palms is priced at Rp 2,507.91 per kilogram.
- FFB from 21-year-old palms is priced at Rp 2,501.80 per kilogram.
- FFB from 22-year-old palms is priced at Rp 2,466.37 per kilogram.
- FFB from 23-year-old palms is priced at Rp 2,440.04 per kilogram.
- FFB from 24-year-old palms is priced at Rp 2,352.97 per kilogram.
- FFB from 25-year-old palms is priced at Rp 2,275.01 per kilogram.
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Furthermore, the price of crude palm oil (CPO) stands at Rp 10,998.14 per kilogram, and palm kernel is priced at Rp 5,312.75 per kilogram, with a K index of 92.06%. (T2)
Disclaimer: this from what local agency decided; it could be different from the spot.