PALMOILMAGAZINE, PEKANBARU, RIAU – The price of oil palm fresh fruit bunches (FFB) in Riau Province rose slightly during the period of November 20-26, 2024, according to the Riau Provincial Plantation Office’s FFB pricing team.
The highest FFB price for 9-year-old palms increased by IDR 49.42/kg, reaching IDR 3,725.08/kg. Crude palm oil (CPO) was set at IDR 15,522.86/kg, palm kernel oil (PKO) at IDR 10,340.09/kg, and palm kernel shells at IDR 20.19/kg, with a K index of 92.84%.
The following is the complete price of oil palm FFB for plasma farmers in Riau Province that Palmoilmagazine.com got from the Riau Provincial Plantation Office:
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- 3-year old oil palm FFB IDR 2,854.17/Kg;
- 4-year-old oil palm FFB IDR 3,250.97/Kg;
- 5-year-old oil palm FFB IDR 3,450.32/Kg;
- 6-year old oil palm FFB IDR 3,603.08/Kg;
- 7-year old oil palm FFB IDR 3,678.97/Kg;
- 8-year old oil palm FFB IDR 3,722.68/Kg;
- 9-year-old oil palm FFB IDR 3,725.08/Kg;
- 10-20 years old oil palm FFB IDR 3,703.46/Kg;
- 21-year-old oil palm FFB IDR 3,642.93/Kg;
- 22-year-old oil palm FFB IDR 3,584.32/Kg
- 23-year-old oil palm FFB IDR 3,522.35/Kg;
- 24 year old oil palm FFB IDR 3,454.13/Kg and
- 25-year-old oil palm FFB IDR 3,377.75/Kg. (P3)