FFB Price Update in North Sumatera on July 3–9, 2024

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Harvesting palm oil fruit. Photo by: Sawit Fest 2021 / Muhammad Syukron

PALMOILMAGAZINE, MEDAN – According to the Fresh Fruit Bunch (FFB) Team of North Sumatera Province, from July 3 to 9, 2024, the price of 10-20 year old FFB has increased by Rp 4.23/kg, reaching Rp 2,970.16/kg.

Here is a list of the latest Fresh Fruit Bunch (FFB) prices in North Sumatera, which Palmoilmagazine.com obtained from the North Sumatera Provincial Plantation Office:

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  • 3-year old FFB: IDR 2,307.15/kg
  • 4-year old FFB: IDR 2,523.58/kg
  • 5-year old FFB: IDR 2,665.10/kg
  • 6 year old FFB: IDR 2,740.12/kg
  • 7 year old FFB: IDR 2,767.29/kg
  • 8 year old FFB: IDR 2,838.75/kg
  • 9 year old FFB: IDR 2,894.31/kg
  • 10-20 years old FFB: IDR 2,970.16/kg
  • FFB aged 21 years: IDR 2,963.44/kg
  • FFB 22 years old: IDR 2,922.60/kg
  • 23 year old FFB: IDR 2,892.26/kg
  • 24 year old FFB: IDR 2,791.91/kg
  • 25 year old FFB: IDR 2,702.05/kg

The price of crude palm oil (CPO) is Rp 12,755.71/kg and palm kernel is Rp 7,895.88/kg, with a P index of 91.48% (T2)

Disclaimer: This is about to inform only from what local agency decided; it could be different from the spot.

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