PALMOILMAGAZINE, PALEMBANG – As of the second half of January 2024 (16 – 31 January), the Fresh Fruit Bunch (FFB) Team for South Sumatera Province, in their decision on Thursday, 18 January 2024, announced a notable increase of Rp 58.1/kg for 10 to 20-year-old FFB, bringing the price to Rp 2,356.15/kg. The subsequent session is scheduled for Monday, 12 February 2024.
The FFB price details in South Sumatera Province, sourced from the South Sumatra Plantation Agency by Palmoilmagazine.com, are as follows:
- 3-year-old FFB: Rp 2,107.69/kg
- 4-year-old FFB: Rp 2,161.35/kg
- 5-year-old FFB: Rp 2,210.57/kg
- 6-year-old FFB: Rp 2,254.35/kg
- 7-year-old FFB: Rp 2,293.65/kg
- 8-year-old FFB: Rp 2,329.49/kg
- 9-year-old FFB: Rp 2,359.86/kg
- 10-20-year-old FFB: Rp 2,414.25/kg
- 21-year-old FFB: Rp 2,382.94/kg
- 22-year-old FFB: Rp 2,356.04/kg
- 23-year-old FFB: Rp 2,324.15/kg
- 24-year-old FFB: Rp 2,287.77/kg
- 25-year-old FFB: Rp 2,206.91/kg
Additionally, the prices of crude palm oil (CPO) and palm kernel (kernel) within P Index 90.34% stand at Rp 11,093.71/kg and Rp 5,398.34/kg, respectively. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
