Riau Independent FFB Price for 21 to 27 February 2024 Decreases

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Harvesting oil palm fruit. Photo by: Sawit Fest 2021 / Muhammad Ali Mansyur

PALMOILMAGAZINE, PEKANBARU – As per the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province dated February 21st to 27th, 2024, it has been determined that the price of 9-year-old FFB will decrease by Rp 41.67 per kilogram, resulting in a new rate of Rp 2,633.03/kg.

Here are the updated FFB price lists for independent smallholders in Riau Province, sourced from the Riau Province Plantation Agency via Palmoilmagazine.com:

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  • 3-year-old FFB: Rp 2,022.72/kg
  • 4-year-old FFB: Rp 2,266.61/kg
  • 5-year-old FFB: Rp 2,443.82/kg
  • 6-year-old FFB: Rp 2,541.38/kg
  • 7-year-old FFB: Rp 2,597.29/kg
  • 8-year-old FFB: Rp 2,629.98/kg
  • 9-year-old FFB: Rp 2,633.03/kg
  • 10-20-year-old FFB: Rp 2,600.02/kg
  • 21-year-old FFB: Rp 2,550.88/kg
  • 22-year-old FFB: Rp 2,495.80/kg
  • 23-year-old FFB: Rp 2,433.23/kg
  • 24-year-old FFB: Rp 2,386.16/kg
  • 25-year-old FFB: Rp 2,347.12/kg

Furthermore, the prices for crude palm oil (CPO) stand at Rp 11,780.00/kg, palm kernel at Rp 6,106.39/kg, and shell at Rp 27.50/kg, all within the P index of 90.82%. (T2)

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