South Sumatra FFB Prices Surge by Rp 60.03/Kg in the Initial Period of January 2024

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South Sumatra FFB Prices Surge by Rp 60.03/Kg in the Initial Period of January 2024. Photo by: Sawit Fest 2021 / Leni Lestari

PALMOILMAGAZINE, PALEMBANG – As of the first period in January 2024 (1-16 January 2024), the Fresh Fruit Bunch (FFB) Team of South Sumatra Province decided on Tuesday, 9 January 2024, that the 10-20 year old FFB experienced an increase of Rp 60.03/kg, reaching Rp 2,356.15/kg.

Here are the FFB price details in South Sumatra Province, as reported by Palmoilmagazine.com from the South Sumatra Plantation Agency:

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  • 3-year-old FFB: Rp 2,058.07/kg
  • 4-year-old FFB: Rp 2,110.17/kg
  • 5-year-old FFB: Rp 2,157.98/kg
  • 6-year-old FFB: Rp 2,200.53/kg
  • 7-year-old FFB: Rp 2,238.74/kg
  • 8-year-old FFB: Rp 2,273.59/kg
  • 9-year-old FFB: Rp 2,303.12/kg
  • 10-20 year old FFB: Rp 2,356.15/kg
  • 21-year-old FFB: Rp 2,325.74/kg
  • 22-year-old FFB: Rp 2,299.56/kg
  • 23-year-old FFB: Rp 2,268.53/kg
  • 24-year-old FFB: Rp 2,233.11/kg
  • 25-year-old FFB: Rp 2,859.88/kg

In addition, the prices for other palm products are as follows: Crude Palm Oil (CPO) at Rp 10,829.81/kg, Palm Kernel (kernel) at Rp 5,143.31/kg, with a P index of 90.34%. (T2)

Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.

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