PALMOILMAGAZINE, PEKANBARU – As of December 27, 2023, to January 9, 2024, according to the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province, the cost of 9-year-old FFB has decreased by Rp 12.81/Kg, reaching Rp 2,512.71/Kg.
Here are the FFB prices for independent smallholders in Riau Province, gathered from the Riau Province Plantation Agency via Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,916.79/Kg
- 4-year-old FFB: Rp 2,150.07/Kg
- 5-year-old FFB: Rp 2,320.04/Kg
- 6-year-old FFB: Rp 2,413.36/Kg
- 7-year-old FFB: Rp 2,466.49/Kg
- 8-year-old FFB: Rp 2,497.77/Kg
- 9-year-old FFB: Rp 2,499.90/Kg
- 10-20-year-old FFB: Rp 2,467.84/Kg
- 21-year-old FFB: Rp 2,420.46/Kg
- 22-year-old FFB: Rp 2,367.49/Kg
- 23-year-old FFB: Rp 2,307.33/Kg
- 24-year-old FFB: Rp 2,262.10/Kg
- 25-year-old FFB: Rp 2,224.55/Kg.
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Additionally, the prices for other palm products are as follows: Crude palm oil (CPO) is Rp. 11.257,00/kg; palm kernel (kernel) is Rp 5.372,29/Kg, shell is Rp 18,94/Kg within P index 91,32%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.