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:
- 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)