FFB Price in Central Kalimantan in December 2023 is Declining

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Fresh fruit bunches. Fresh fruit bunches (FFB) . Photo by: Sawit Fest 2021 / Muharram Dwi Rahman

PALMOILMAGAZINE, PALANGKARAYA – As of the 1st to the 31st of December 2023, the Fresh Fruit Bunch (FFB) Team of Central Kalimantan Province determined that the price of 10 to 20-year-old FFB has decreased by Rp 43.41 per kilogram, reaching Rp 2,357.17 per kilogram for January 2024.

The upcoming meetings to finalize FFB prices for January 2024 are scheduled for Thursday, 18th January 2024, for the first period, and Monday, 5th February 2024, for the second period, both to be held in Palangka Raya, Central Kalimantan Province.

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The following are the FFB price lists in Central Kalimantan Province, as reported by Palmoilmagazine.com and sourced from the Central Kalimantan Plantation Agency:

  • 3-year-old FFB: Rp 1,723.70/kg
  • 4-year-old FFB: Rp 1,884.34/kg
  • 5-year-old FFB: Rp 2,036.11/kg
  • 6-year-old FFB: Rp 2,095.37/kg
  • 7-year-old FFB: Rp 2,136.24/kg
  • 8-year-old FFB: Rp 2,233.83/kg
  • 9-year-old FFB: Rp 2,292.59/kg
  • 10-20 year old FFB: Rp 2,357.17/kg
  • 21-year-old FFB: Rp 2,353.76/kg
  • 22-year-old FFB: Rp 2,348.93/kg
  • 23-year-old FFB: Rp 2,327.63/kg
  • 24-year-old FFB: Rp 2,327.63/kg.

Additionally, the price of crude palm oil (CPO) stands at Rp 10,878.64/kg, while the kernel is priced at Rp 5,214.32/kg within the P index of 88.89%. (T2)

Disclaimer: this is from what local agency decided; it could be different from the spot.

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