PALMOILMAGAZINE, MEDAN – As of December 20-26, 2023, the Fresh Fruit Bunch (FFB) Team in North Sumatra Province has determined an improved rate for 10-20 year old FFB, increasing from Rp 29.97/kg to Rp 2,517.71/kg.
Here are the FFB price details in North Sumatra, sourced from the North Sumatra Plantation Agency via Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,958.69/kg
- 4-year-old FFB: Rp 2,140.97/kg
- 5-year-old FFB: Rp 2,256.77/kg
- 6-year-old FFB: Rp 2,320.07/kg
- 7-year-old FFB: Rp 2,344.44/kg
- 8-year-old FFB: Rp 2,403.64/kg
- 9-year-old FFB: Rp 2,451.80/kg
- 10-20 year old FFB: Rp 2,517.71/kg
- 21-year-old FFB: Rp 2,511.62/kg
- 22-year-old FFB: Rp 2,476.12/kg
- 23-year-old FFB: Rp 2,449.76/kg
- 24-year-old FFB: Rp 2,362.55/kg
- 25-year-old FFB: Rp 2,284.47/kg
Additionally, the prices for crude palm oil (CPO) and kernel are Rp 11,135.00/kg and Rp 5,507.57/kg, respectively, with a P index of 91.07%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.