Riau Independent FFB Price Reaches Its Peak at IDR 2,689.48/kg, Period February 28 to March 5, 2024

palm oil magazine
Harvesting oil palm fruit. Photo by: Sawit Fest 2021 / Riduan Tawaqqal

PALMOILMAGAZINE, PEKANBARU – According to the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province from February 28th to March 5th, 2024, the price of 9-year-old FFB has increased by Rp 56.45/kg to reach Rp 2,689.48/kg.

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

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  • 3-year-old FFB: Rp 2,065.32/kg
  • 4-year-old FFB: Rp 2,314.83/kg
  • 5-year-old FFB: Rp 2,496.28/kg
  • 6-year-old FFB: Rp 2,596.08/kg
  • 7-year-old FFB: Rp 2,653.17/kg
  • 8-year-old FFB: Rp 2,686.62/kg
  • 9-year-old FFB: Rp 2,689.48/kg
  • 10-20-year-old FFB: Rp 2,655.56/kg
  • 21-year-old FFB: Rp 2,605.17/kg
  • 22-year-old FFB: Rp 2,548.73/kg
  • 23-year-old FFB: Rp 2,484.61/kg
  • 24-year-old FFB: Rp 2,436.39/kg
  • 25-year-old FFB: Rp 2,396.39/kg

Additionally, crude palm oil (CPO) is priced at Rp 12,067.90/kg, palm kernel at Rp 6,106.39/kg, and shell at Rp 27.50/kg within P index 90.82%. (T2)

Disclaimer: The information provided is based on decisions made by local agencies and may vary from current spot prices.

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