PALMOILMAGAZINE, PEKANBARU – As per the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents for Independent Smallholders in Riau Province from January 17 to 23, 2024, the pricing decision indicates a notable increase of Rp 28.71/kg for 9-year-old FFB, reaching Rp 2,523.43/kg.
The following is a breakdown of FFB prices for independent smallholders in Riau, quoted by Palmoilmagazine.com from the Riau Provincial Plantation Office:3-year-old FFB: Rp 1,936.54/kg
- 4-year-old FFB: Rp 2,171.03/kg
- 5-year-old FFB: Rp 2,341.33/kg
- 6-year-old FFB: Rp 2,435.12/kg
- 7-year-old FFB: Rp 2,488.94/kg
- 8-year-old FFB: Rp 2,520.36/kg
- 9-year-old FFB: Rp 2,523.43/kg
- 10-20-year-old FFB: Rp 2,491.77/kg
- 21-year-old FFB: Rp 2,444.60/kg
- 22-year-old FFB: Rp 2,391.69/kg
- 23-year-old FFB: Rp 2,331.59/kg
- 24-year-old FFB: Rp 2,286.36/kg
- 25-year-old FFB: Rp 2,248.87/kg
Additionally, the pricing for Crude Palm Oil (CPO) stands at Rp 11,280.00/kg, Palm Kernel at Rp 5,926.49/kg, and Shell at Rp 16.44/kg, all within the P index of 91.12%. (T2)
Disclaimer: this is from what local agency decided; it could be different from the spot.