FFB Prices Surge in North Sumatera: Nearly Reaching Rp 3,000/kg from 20th to 26th March 2024

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FFB Prices Surge in North Sumatera: Nearly Reaching Rp 3,000/kg from 20th to 26th March 2024. Photo by: Sawit Fest 2021 / Lukman Hakim

PALMOILMAGAZINE, MEDAN – As per the Fresh Fruit Bunch (FFB) Team of North Sumatera Province’s report dated March 20-26, 2024, the price of 10-20 year old FFB has improved from Rp 80.58/kg to Rp 2,930.30/kg.

Here’s a breakdown of FFB prices in North Sumatera Province sourced from Palmoilmagazine.com via the North Sumatera Plantation Agency:

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  • 3-year-old FFB: Rp 2,280.35/kg
  • 4-year-old FFB: Rp 2,492.23/kg
  • 5-year-old FFB: Rp 2,626.06/kg
  • 6-year-old FFB: Rp 2,699.66/kg
  • 7-year-old FFB: Rp 2,728.33/kg
  • 8-year-old FFB: Rp 2,796.91/kg
  • 9-year-old FFB: Rp 2,853.21/kg
  • 10-20 year old FFB: Rp 2,930.30/kg
  • 21-year-old FFB: Rp 2,923.11/kg
  • 22-year-old FFB: Rp 2,881.60/kg
  • 23-year-old FFB: Rp 2,850.77/kg
  • 24-year-old FFB: Rp 2,748.78/kg
  • 25-year-old FFB: Rp 2,657.46/kg

Furthermore, the prices of crude palm oil (CPO) and kernel stand at Rp 12,975.14/kg and Rp 6,110.67/kg, respectively, with a P index of 91.40%. (T2)

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

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