FFB Price for Plasma Smallholders in Riau for December 6 to 12, 2023 is Getting Cheaper

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Activities in the palm oil plantation. Photo by: Sawit Fest 2021 / Zahira Vinaya

PALMOILMAGAZINE, PEKANBARU – Based on Plasma Fresh Fruit Bunch (FFB) Team and Plasma FFB Document, Riau Province (Number 48, dated December 6-12, 2023), it has been determined that the price of 9-year-old FFB has decreased by Rp 54.46/kg, now standing at Rp 2,576.90/kg.

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

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  • 3-year-old FFB: Rp 1,962.71/kg
  • 4-year-old FFB: Rp 2,246.53/kg
  • 5-year-old FFB: Rp 2,387.65/kg
  • 6-year-old FFB: Rp 2,495.03/kg
  • 7-year-old FFB: Rp 2,546.26/kg
  • 8-year-old FFB: Rp 2,576.65/kg
  • 9-year-old FFB: Rp 2,576.90/kg
  • 10-20-year-old FFB: Rp 2,560.71/kg
  • 21-year-old FFB: Rp 2,517.16/kg
  • 22-year-old FFB: Rp 2,474.56/kg
  • 23-year-old FFB: Rp 2,429.97/kg
  • 24-year-old FFB: Rp 2,380.67/kg
  • 25-year-old FFB: Rp 2,325.71/kg.

Crude palm oil (CPO) is Rp 11.279,85/Kg, palm kernel (kernel) is Rp 5.215,65/Kg, shell is Rp 18,20/kg, indirect operational cost: 1,45%, within P index 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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