Highest Independent FFB Prices in Riau from November 29 to December 5, 2023 Reach Rp 2,571.94/kg

palm oil magazine
An independent palm oil smallholder loading his harvest onto a modified motorcycle. Photo by: Sawit Fest 2021 / khamidi setyobudi

PALMOILMAGAZINE, PEKANBARU – According to the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province, as outlined in document number 24 dated November 29 to December 5, 2023, there has been an increase of Rp 38.02/kg for 9-year-old FFB, bringing its price to Rp 2,571.94/kg.

Below are the FFB price details for independent smallholders in Riau Province, sourced from the Riau Province Plantation Agency as reported by Palmoilmagazine.com:

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  • 3-year-old FFB: Rp 1,943.18/kg
  • 4-year-old FFB: Rp 2,213.54/kg
  • 5-year-old FFB: Rp 2,386.35/kg
  • 6-year-old FFB: Rp 2,481.66/kg
  • 7-year-old FFB: Rp 2,536.51/kg
  • 8-year-old FFB: Rp 2,568.44/kg
  • 9-year-old FFB: Rp 2,571.94/kg
  • 10-20-year-old FFB: Rp 2,540.01/kg
  • 21-year-old FFB: Rp 2,492.25/kg
  • 22-year-old FFB: Rp 2,438.63/kg
  • 23-year-old FFB: Rp 2,377.71/kg
  • 24-year-old FFB: Rp 2,331.85/kg
  • 25-year-old FFB: Rp 2,293.86/kg.

Crude palm oil (CPO) is Rp. 11.489,76/kg; palm kernel (kernel) is Rp 6.263,00/Kg, shell is Rp 19,06/Kg within P index 90,71% and indirect operational cost: 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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