FFB Prices in South Sumatera Decrease by Rp 93.39/Kg in Second Period of May 2024

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FFB Prices in South Sumatera Decrease by Rp 93.39/Kg in Second Period of May 2024. Photo by: Sawit Fest 2021 / Lukman Hakim

PALMOILMAGAZINE, PALEMBANG – According to the Fresh Fruit Bunch (FFB) Team of South Sumatera Province, in the second period of May 2024 (16 – 31 May 2024), it was decided on Monday, 20 May 2024, that the price for 10-20 year old FFB decreased by Rp 93.39/kg to Rp 2,624.59/kg.

Here are the FFB price lists in South Sumatera Province as reported by Palmoilmagazine.com from the South Sumatera Plantation Agency:

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  • 3-year-old FFB: Rp 2,227.99/kg
  • 4-year-old FFB: Rp 2,296.72/kg
  • 5-year-old FFB: Rp 2,405.83/kg
  • 6-year-old FFB: Rp 2,443.66/kg
  • 7-year-old FFB: Rp 2,446.83/kg
  • 8-year-old FFB: Rp 2,514.19/kg
  • 9-year-old FFB: Rp 2,552.67/kg
  • 10-20 year old FFB: Rp 2,624.59/kg
  • 21-year-old FFB: Rp 2,613.15/kg
  • 22-year-old FFB: Rp 2,611.31/kg
  • 23-year-old FFB: Rp 2,592.14/kg
  • 24-year-old FFB: Rp 2,513.26/kg
  • 25-year-old FFB: Rp 2,517.30/kg

Crude palm oil (CPO) is priced at Rp 11,711.61/kg, and kernel is priced at Rp 7,110.31/kg, with a P index of 87.96%. (T2)

Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.

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