PALMOILMAGAZINE, PEKANBARU – According to the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province, as per Document Number 45 dated 15-21 November 2023, the price of 9-year-old FFB has increased by Rp 66.74/kg, reaching Rp 2,489.35/kg.”
Here is the breakdown of FFB prices for independent smallholders in Riau Province, sourced from Riau Province Plantation Agency, as reported by Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,907.53/kg
- 4-year-old FFB: Rp 2,140.36/kg
- 5-year-old FFB: Rp 2,310.09/kg
- 6-year-old FFB: Rp 2,403.22/kg
- 7-year-old FFB: Rp 2,456.17/kg
- 8-year-old FFB: Rp 2,487.39/kg
- 9-year-old FFB: Rp 2,489.35/kg
- 10-20-year-old FFB: Rp 2,457.26/kg
- 21-year-old FFB: Rp 2,409.90/kg
- 22-year-old FFB: Rp 2,356.98/kg
- 23-year-old FFB: Rp 2,296.87/kg
- 24-year-old FFB: Rp 2,251.69/kg
- 25-year-old FFB: Rp 2,214.17/kg”
Also Read :
- Highest Rate Reaches Rp 2,450.85/kg, Independent FFB Prices in Riau from November 1 to 7, 2023
- RSPO Certified Sustainable Palm Oil in Indonesia Increases 19%
- Reaffirms Commitment to Develop Indonesia’s Sustainable Palm Oil Sector
- Palm Oil Research Program to Develop Sustainable Palm Oil Industry
- Advocating for Transparency in Palm Oil Audits
Additionally, the prices for other palm products are as follows:
- Crude palm oil (CPO): Rp 11,204.09/kg
- Palm kernel (kernel): Rp 5,252.99/kg
- Shell: Rp 15.63/kg, with a P index of 91.66%
- Indirect operational cost: 1.46. (T2)
Disclaimer: this is from what local agency decided; it could be different from the spot.
