PALMOILMAGAZINE, MEDAN Between December 27, 2023, and January 2, 2024, the Fresh Fruit Bunch (FFB) Team in North Sumatera determined that the pricing for 10 to 20-year-old FFB should transition from Rp 21.58/kg to Rp 2,539.29/kg.
Here are the FFB price details in North Sumatera, sourced from the North Sumatera Plantation Agency via Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,975.60/kg
- 4-year-old FFB: Rp 2,159.39/kg
- 5-year-old FFB: Rp 2,276.02/kg
- 6-year-old FFB: Rp 2,339.85/kg
- 7-year-old FFB: Rp 2,364.48/kg
- 8-year-old FFB: Rp 2,424.13/kg
- 9-year-old FFB: Rp 2,472.75/kg
- 10-20-year-old FFB: Rp 2,539.29/kg
- 21-year-old FFB: Rp 2,533.13/kg
- 22-year-old FFB: Rp 2,497.30/kg
- 23-year-old FFB: Rp 2,470.68/kg
- 24-year-old FFB: Rp 2,382.64/kg
- 25-year-old FFB: Rp 2,303.81/kg
Furthermore, crude palm oil (CPO) is priced at Rp 11,241.07/kg and kernel at Rp 5,507.57/kg, with a P index of 91.07%. (T2)
Disclaimer: This is what the local agency decided; it could be different on the spot.