FFB Price for Independent in Riau on December 13 to 19, 2023

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Activities in the palm oil plantation. Photo by: Sawit Fest 2021 / Lukman Hakim

PALMOILMAGAZINE, PEKANBARU – As of December 13 to 19, 2023, based on the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province Number 26, the pricing for 9-year-old FFB has been revised, decreasing to Rp 2,463.72/kg from Rp 2,520.12/kg, reflecting a reduction of Rp 56.40/kg.

Below is a summary of FFB prices in Riau Province, sourced from the Riau Province Plantation Agency via Palmoilmagazine.com:

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  • 3-year-old FFB: Rp 1,889.20/kg
  • 4-year-old FFB: Rp 2,119.04/kg
  • 5-year-old FFB: Rp 2,286.48/kg
  • 6-year-old FFB: Rp 2,378.42/kg
  • 7-year-old FFB: Rp 2,430.77/kg
  • 8-year-old FFB: Rp 2,461.60/kg
  • 9-year-old FFB: Rp 2,463.72/kg
  • 10-20-year-old FFB: Rp 2,432.15/kg
  • 21-year-old FFB: Rp 2,385.48/kg
  • 22-year-old FFB: Rp 2,333.31/kg
  • 23-year-old FFB: Rp 2,274.05/kg
  • 24-year-old FFB: Rp 2,229.49/kg
  • 25-year-old FFB: Rp 2,192.50/kg

Additionally, the prices for commodities related to palm oil are as follows: Crude palm oil (CPO) at Rp 11,164.21/kg, palm kernel at Rp 5,343.19/kg, and shell at Rp 19.06/kg, all under P index 90.71%. (T2)

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