FFB Price for Independent Smallholder in Riau Period 22 to 28 November 2023

palm oil magazine
Palm oil smallholder collecting the harvest. Photo by: Sawit Fest 2021 / Hendra

PALMOILMAGAZINE, PEKANBARU – Based on the latest information from the Riau Independent Smallholders FFB Team for the period November 22-28, 2023, 9-year-old Fresh Fruit Bunches (FFB) experienced an increase of IDR 44.57/Kg, reaching a new price of IDR 2,533.92/Kg.

Here is the breakdown of FFB prices in Riau Province, as reported by Palmoilmagazine.com from the Riau Province Plantation Agency:

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  • 3-year-old FFB: Rp 1,943.18/Kg
  • 4-year-old FFB: Rp 2,179.47/Kg
  • 5-year-old FFB: Rp 2,351.56/Kg
  • 6-year-old FFB: Rp 2,446.08/Kg
  • 7-year-old FFB: Rp 2,499.95/Kg
  • 8-year-old FFB: Rp 2,531.63/Kg
  • 9-year-old FFB: Rp 2,533.92/Kg
  • 10-20-year-old FFB: Rp 2,501.53/Kg
  • 21-year-old FFB: Rp 2,453.60/Kg
  • 22-year-old FFB: Rp 2,400.00/Kg
  • 23-year-old FFB: Rp 2,339.12/Kg
  • 24-year-old FFB: Rp 2,293.33/Kg
  • 25-year-old FFB: Rp 2,255.34/Kg.

Meanwhile, the price for Crude palm oil (CPO) is Rp. 11.471,03/kg; palm kernel (kernel) is Rp 5.552,48/Kg, shell is Rp 19,06/Kg; P index 90,71% and indirect operational costs: 1,32. (T2)

Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.

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