PALMOILMAGAZINE, PALEMBANG – According to the Fresh Fruit Bunch (FFB) Team from South Sumatra Province for the second period of August 2024 (16–31 August 2024), the FFB price for trees aged 10–20 years increased by Rp 67.25/kg, reaching Rp 2,891.67/kg as of Tuesday, 20 August 2024.
Here are the FFB price details for South Sumatra Province, as reported by Palmoilmagazine.com from the South Sumatra Plantation Agency:
- 3-year-old FFB: Rp 2,447.38/kg
- 4-year-old FFB: Rp 2,523.22/kg
- 5-year-old FFB: Rp 2,641.82/kg
- 6-year-old FFB: Rp 2,678.01/kg
- 7-year-old FFB: Rp 2,679.86/kg
- 8-year-old FFB: Rp 2,760.09/kg
- 9-year-old FFB: Rp 2,806.15/kg
- 10–20-year-old FFB: Rp 2,891.67/kg
- 21-year-old FFB: Rp 2,880.41/kg
- 22-year-old FFB: Rp 2,881.05/kg
- 23-year-old FFB: Rp 2,860.20/kg
- 24-year-old FFB: Rp 2,775.11/kg
- 25-year-old FFB: Rp 2,781.13/kg
Additionally, the crude palm oil (CPO) price is Rp 12,685.42/kg, and the kernel price is Rp 8,696.64/kg, with a P index of 87.96%. (P2)
Disclaimer: These prices are based on local agency decisions and may differ from spot market prices.