South Sumatra FFB Prices See IDR 100.19 Increase in Late December 2024

Palm Oil Magazine
South Sumatra FFB Prices See IDR 100.19 Increase in Late December 2024. Photo by: Sawit Fest 2021 / Bachtiar Ilham Ramadhan

PALMOILMAGAZINE, PALEMBANG – Based on the results of the Palm Fresh Fruit Bunch (FFB) Price Determination Team of South Sumatra Province for the second period of December 2024 (16-31 December 2024), the prices finalized on Wednesday, 18 December 2024, indicate an increase of IDR 100.19/kg for palm trees aged 10–20 years, reaching IDR 3,738.42/kg.

The following are the FFB prices in South Sumatra Province, as reported by Palmoilmagazine.com from the South Sumatra Provincial Plantation Office:

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  • 3-year-old palms: IDR 3,158.61/kg
  • 4-year-old palms: IDR 3,256.74/kg
  • 5-year-old palms: IDR 3,407.24/kg
  • 6-year-old palms: IDR 3,451.59/kg
  • 7-year-old palms: IDR 3,452.77/kg
  • 8-year-old palms: IDR 3,560.95/kg
  • 9 years-old palms: IDR 3,623.20/kg
  • 10–20 years: IDR 3,738.42/kg
  • 21 years: IDR 3,724.87/kg
  • 22 years: IDR 3,727.66/kg
  • 23 years: IDR 3,700.90/kg
  • 24 years: IDR 3,592.24/kg
  • 25 years: IDR 3,601.34/kg

Additionally, crude palm oil (CPO) is priced at IDR 15,260.04/kg, and palm kernel prices are set at IDR 11,166.55/kg with a K index of 93.60%. (P2)

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