FFB Price Update for Independent Smallholders in Riau Province on November 15-21, 2023, Highest at IDR 2,489.35/kg

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Doc. Sawit Fest 2021 / Muharram Dwi Rahman / FFB Price Update for Independent Smallholders in Riau Province on November 15-21, 2023, Highest at IDR 2,489.35/kg

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:

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  • 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”

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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.

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