FFB Prices for Plasma Smallholder in Riau from January 17 to 23, 2024

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FFB Prices for Plasma Smallholder in Riau from January 17 to 23, 2024. Photo by: Sawit Fest 2021 / Syahran

PALMOILMAGAZINE, PEKANBARU – As per the Plasma Fresh Fruit Bunch (FFB) Team and FFB Documents for Plasma Smallholders Number 02 from January 17 to 23, 2024, a resolution has been made, leading to a substantial increase of Rp 47.38/kg for 9-year-old FFB, reaching Rp 2,613.70/kg.

Palmoilmagazine.com, citing information from the Riau Province Plantation Agency, provides the following FFB price breakdown for plasma smallholders in Riau:

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  • 3-year-old FFB: Rp 1,990.78/kg
  • 4-year-old FFB: Rp 2,278.41/kg
  • 5-year-old FFB: Rp 2,421.51/kg
  • 6-year-old FFB: Rp 2,530.43/kg
  • 7-year-old FFB: Rp 2,582.51/kg
  • 8-year-old FFB: Rp 2,613.37/kg
  • 9-year-old FFB: Rp 2,613.70/kg
  • 10-20-year-old FFB: Rp 2,597.33/kg
  • 21-year-old FFB: Rp 2,553.21/kg
  • 22-year-old FFB: Rp 2,510.08/kg
  • 23-year-old FFB: Rp 2,464.90/kg
  • 24-year-old FFB: Rp 2,414.97/kg
  • 25-year-old FFB: Rp 2,359.29/kg

Additionally, the pricing for Crude Palm Oil (CPO) stands at Rp 11,588.23/kg, Palm Kernel at Rp 5,486.92/kg, and Shell at Rp 15.58/kg, all within the P index of 90.66%. (T2)

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

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