PALMOILMAGAZINE, PALEMBANG – The price of oil palm fresh fruit bunches (FFB) in South Sumatra recorded a notable rise in the second period of November 2024 (November 16-30). According to the FFB Price Determination Team, the price for FFB aged 10-20 years increased by IDR 261.23/kg to IDR 3,618.09/kg.
The price for the first period of December 2024 will be determined on Tuesday, December 10, 2024, in Palembang, South Sumatra.
Additionally, crude palm oil (CPO) was priced at IDR 15,046.61/kg, palm kernel oil (PKO) at IDR 9,982.44/kg, with a K index of 93.23%.
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The following is the price of palm oil in South Sumatra Province based on the information Palmoilmagazine.com got from the Plantation Agency of South Sumatra Province for the second period of November 2024 (November 16-30, 2024):
- 3-year old oil palm FFB IDR 3,064.74/Kg;
- 4-year old oil palm FFB IDR 3,159.59/Kg;
- 5-year old oil palm FFB IDR 3,309.31/Kg;
- 6-year old oil palm FFB IDR 3,355.74/Kg;
- 7-year old oil palm FFB IDR 3,358.63/Kg;
- 8-year old oil palm FFB IDR 3,456.92/Kg;
- 9-year-old oil palm FFB IDR 3,513.27/Kg;
- 10-20 years old oil palm FFB IDR 3,618.09/Kg;
- 21-year-old oil palm FFB IDR 3,603.53/Kg;
- 22-year-old oil palm FFB IDR 3,603.39/Kg;
- 23-year-old oil palm FFB IDR 3,577.21/Kg;
- 24-year-old oil palm FFB IDR 3,470.12/Kg;
- 25-year-old oil palm FFB IDR 3,477.03/Kg. (P3)
