PALMOILMAGAZINE, PALEMBANG – According to the Fresh Fruit Bunch (FFB) Team of South Sumatera Province in the second period of June 2024 (June 16–30), a decision was made on Wednesday, June 19, 2024, to increase the price of 10- to 20-year old FFB by Rp 83.94/kg, bringing it to Rp 2,807.56/kg.
The next meeting to determine FFB price lists for the first period of July 2024 will be held on Tuesday, July 9, 2024, at the South Sumatera Plantation Agency office.
Here are the FFB price lists in South Sumatra Province, as reported by Palmoilmagazine.com from the South Sumatra Plantation Agency:
- 3-year-old FFB: Rp 2,383.83/kg
- 4-year-old FFB: Rp 2,457.33/kg
- 5-year-old FFB: Rp 2,576.46/kg
- 6-year-old FFB: Rp 2,615.03/kg
- 7-year-old FFB: Rp 2,618.53/kg
- 8-year-old FFB: Rp 2,690.16/kg
- 9-year-old FFB: Rp 2,731.06/kg
- 10-20 year-old FFB: Rp 2,807.56/kg
- 21-year-old FFB: Rp 2,795.22/kg
- 22-year-old FFB: Rp 2,793.06/kg
- 23-year-old FFB: Rp 2,772.54/kg
- 24-year-old FFB: Rp 2,688.03/kg
- 25-year-old FFB: Rp 2,692.04/kg
Additionally, crude palm oil (CPO) is priced at Rp 12,233.41/kg and palm kernel at Rp 7,357.97/kg, with a P index of 90.19%. (T2)
Disclaimer: This is about to inform FFB price lists from what local agency decided; it could be different from the spot.
