FFB Price for Plasma Smallholder in Riau Period 22 to 28 November 2023 Surges Rp 72,33/kg

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Smallholder during harvest in the oil palm plantation. Photo by: Sawit Fest 2021 / E Riduan Tawaqqal

PALMOILMAGAZINE, PEKANBARU – Based on the latest report (Number 46, dated 22 – 28 November 2023) from the Fresh Fruit Bunch (FFB) Team of Plasma and FFB Documents for Plasma Smallholders in Riau Province, the 9-year-old FFB has seen an increase of Rp 72.33/Kg, reaching a new price of Rp 2,624.71/kg.

Here’s the FFB price breakdown in Riau Province, obtained from the Riau Province Plantation Agency via Palmoilmagazine.com:

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  • 3-year-old FFB: Rp 2,000.37/Kg
  • 4-year-old FFB: Rp 2,288.48/Kg
  • 5-year-old FFB: Rp 2,431.87/Kg
  • 6-year-old FFB: Rp 2,431.87/Kg
  • 7-year-old FFB: Rp 2,593.37/Kg
  • 8-year-old FFB: Rp 2,624.31/Kg
  • 9-year-old FFB: Rp 2,624.71/Kg
  • 10-20-year-old FFB: Rp 2,608.35/Kg
  • 21-year-old FFB: Rp 2,564.16/Kg
  • 22-year-old FFB: Rp 2,520.99/Kg
  • 23-year-old FFB: Rp 2,475.76/Kg
  • 24-year-old FFB: Rp 2,425.77/Kg
  • 25-year-old FFB: Rp 2,370.01/Kg

Additionally, Crude Palm Oil (CPO) is priced at Rp 11,443.17/Kg, palm kernel (kernel) at Rp 5,522.06/Kg, and shell at Rp 18.20/kg. Indirect operational costs account for 1.45%, with a P index of 91.93%. (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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