FFB Prices in South Sumatra in the First Period of May 2024 are Getting Cheaper

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Harvesting palm oil FFB. FFB. Photo by: Sawit Fest 2021 / Khamidi Setyobudi

PALMOILMAGAZINE, PALEMBANG – As per the decision made by the Fresh Fruit Bunch (FFB) Team of South Sumatera Province on Wednesday, May 8, 2024, for the initial period of May 2024 (1-15 May 2024), the price of 10-20 year old FFB has decreased by Rp 163.89/kg, now priced at Rp 2,717.98/kg.

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The following is a list of the latest FFB prices in South Sumatra Province obtained by Palmoilmagazine.com sourced from the South Sumatra Plantation Office:

  • 3 year old FFB: Rp 2,307.81/kg
  • 4 year old FFB: Rp 2,378.98/kg
  • 5 year old FFB: Rp 2,494.33/kg
  • 6 year old FFB: Rp 2,531.68/kg
  • 7 year old FFB: Rp 2,535.08/kg
  • 8 year old FFB: Rp 2,604.39/kg
  • 9 year old FFB: Rp 2,643.97/kg
  • 10-20 year old FFB: Rp 2,717.98/kg
  • 21 year old FFB: Rp 2,706.03/kg
  • 22 year old FFB: Rp 2,703.92/kg
  • 23 year old FFB: Rp 2,684.05/kg
  • 24 year old FFB: Rp 2,602.23/kg
  • 25 year old FFB: Rp 2,606.10/kg

The price of crude palm oil (CPO) stands at Rp 12,144.67/kg, and kernel at Rp 7,298.60/kg with a K index of 87.96%. (T2)

Disclaimer: These prices are based on decisions made by local agencies and may vary from spot prices.

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