PALMOILMAGAZINE, SAMARINDA – The Fresh Fruit Bunch (FFB) Team of East Kalimantan Province has reported a decrease in FFB prices for the first half of June 2024 (June 1-15, 2024).
The price for FFB over 10 years old has decreased by Rp 5.06/kg, bringing it down to Rp 2,629.92/kg.
According to documents released by the East Kalimantan Province Plantation Agency and obtained by Palmoilmagazine.com, the FFB prices are as follows:
- 3-year-old FFB: Rp 2,318.17/kg
- 4-year-old FFB: Rp 2,475.23/kg
- 5-year-old FFB: Rp 2,487.52/kg
- 6-year-old FFB: Rp 2,513.66/kg
- 7-year-old FFB: Rp 2,528.40/kg
- 8-year-old FFB: Rp 2,547.70/kg
- 9-year-old FFB: Rp 2,599.22/kg
- Over 10-year-old FFB: Rp 2,629.92/kg
Additionally, the price of crude palm oil (CPO) stands at Rp 12,003.52/kg, while palm kernel is priced at Rp 6,837.13/kg, with a P index of 88.68%. (T2)
Disclaimer: This is from what local agency decided; it could be different from the spot.