FFB Price for Independent Smallholders in Riau Province from May 8 to 14: Highest IDR 2,828.99/kg

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Independent smallholders bring in FFB harvest. Photo by: Sawit Fest 2021 / Hendra

PALMOILMAGAZINE, PEKANBARU – Based on the data provided by the Fresh Fruit Bunch (FFB) Team of Independent Smallholders and FFB Documents of Riau Province for the period of 8 – 14 May 2024, it has been determined that the price of 9-year-old FFB has decreased by Rp 63.32/kg, now priced at Rp 2,828.99/kg.

Here is the breakdown of FFB prices for independent smallholders in Riau Province, sourced from the Riau Province Plantation Agency, as reported by Palmoilmagazine.com:

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  • 3-year-old FFB: Rp 2,177.15/kg
  • 4-year-old FFB: Rp 2,436.97/kg
  • 5-year-old FFB: Rp 2,624.53/kg
  • 6-year-old FFB: Rp 2,624.53/kg
  • 7-year-old FFB: Rp 2,788.92/kg
  • 8-year-old FFB: Rp 2,823.71/kg
  • 9-year-old FFB: Rp 2,828.99/kg
  • 10-20-year-old FFB: Rp 2,795.07/kg
  • 21-year-old FFB: Rp 2,743.71/kg
  • 22-year-old FFB: Rp 2,685.75/kg
  • 23-year-old FFB: Rp 2,619.90/kg
  • 24-year-old FFB: Rp 2,570.28/kg
  • 25-year-old FFB: Rp 2,529.25/kg

Additionally, the prices for crude palm oil (CPO) stand at Rp 12,200.00/kg, kernel at Rp 7,502.21/kg, and shell at Rp 24.38/kg with a K index of 92.44%. (T2)

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

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