PALMOILMAGAZINE, PEKANBARU – As per the information provided in Fresh Fruit Bunch (FFB) Team and FFB Documents for Plasma Smallholders in Riau Province, dated November 8-14, 2023, it has been determined that the price of 8-year-old FFB has increased by Rp 34.28/kg, reaching Rp 2,507.69/kg.
Here is the FFB price breakdown for plasma smallholders in Riau, based on data obtained from the Riau Province Plantation Agency, as reported by Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,906.93/kg
- 4-year-old FFB: Rp 2,185.52/kg
- 5-year-old FFB: Rp 2,323.66/kg
- 6-year-old FFB: Rp 2,428.58/kg
- 7-year-old FFB: Rp 2,478.08/kg
- 8-year-old FFB: Rp 2,507.69/kg
- 9-year-old FFB: Rp 2,507.56/kg
- 10-20-year-old FFB: Rp 2,491.48/kg
- 21-year-old FFB: Rp 2,448.67/kg
- 22-year-old FFB: Rp 2,406.68/kg
- 23-year-old FFB: Rp 2,362.85/kg
- 24-year-old FFB: Rp 2,314.33/kg
- 25-year-old FFB: Rp 2,260.30/kg
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Additionally, the prices for other palm-related products are as follows:
- Crude palm oil (CPO): Rp 11,128.51/kg
- Palm kernel (kernel): Rp 4,559.15/kg
- Palm shell: Rp 19.39/kg
The indirect operational cost is 1.45%, and the P index is at 91.61%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.