PALMOILMAGAZINE, PALEMBANG – As of the first period of December 2023 (1 – 15 December 2023), the Fresh Fruit Bunch Team of South Sumatra Province announced a decision on Wednesday, 8 December 2023, to reduce the price of 10 to 20-year-old Fresh Fruit Bunches (FFB) by Rp 1.71/kg, bringing it to Rp 2,347.22/kg.
Here is the updated price list for FFB in South Sumatra Province, sourced from Plantation Agency South Sumatra Province as reported by Palmoilmagazine.com:
- 3-year-old FFB: Rp 2,051.73/kg
- 4-year-old FFB: Rp 2,103.27/kg
- 5-year-old FFB: Rp 2,150.60/kg
- 6-year-old FFB: Rp 2,192.75/kg
- 7-year-old FFB: Rp 2,230.62/kg
- 8-year-old FFB: Rp 2,265.18/kg
- 9-year-old FFB: Rp 2,294.47/kg
- 10-20 year-old FFB: Rp 2,347.22/kg
- 21-year-old FFB: Rp 2,317.12/kg
- 22-year-old FFB: Rp 2,291.14/kg
- 23-year-old FFB: Rp 2,260.34/kg
- 24-year-old FFB: Rp 2,225.16/kg
- 25-year-old FFB: Rp 2,148.88/kg
Additionally, the prices for Crude Palm Oil (CPO) and palm kernel (kernel) stand at Rp 11,131.12/kg and Rp 5,081.02/kg, respectively, within the P index of 88.16%. (T2)
Disclaimer: this is about to inform FFB price from what local agency decided; it could be different from the spot.
