PALMOILMAGAZINE, PEKANBARU – Based on the letter determining the price of oil palm fresh fruit bunches (FFB) for independent farmers in Riau Province No. 48, the price of 9-year-old oil palm FFB has decreased significantly by IDR 184.53 / Kg to IDR 3,614.47 / kg in the period December 25, 2024 to January 7, 2025.
Meanwhile, the price of crude palm oil (CPO) is set at IDR 14,818.67/Kg, the price of palm kernel oil (CPKO) at IDR 11,959.00/Kg, palm kernel shell at IDR 34.75/Kg, and with a K index of 93.30%.
The following is the complete price of palm oil FFB for independent smallholders in Riau Province based on the information Palmoilmagazine.com got from Riau Province Plantation Agency:
– 3-year old oil palm FFB IDR 2,794.67/Kg;
– 4-year old oil palm FFB IDR 3,119.82/Kg;
– 5-year-old oil palm FFB IDR 3,351.61/Kg;
– 6-year old oil palm FFB IDR 3,481.67/Kg;
– 7-year old oil palm FFB IDR 3,559.51/Kg;
– 8-year old oil palm FFB IDR 3,602.95/Kg;
– 9-year old oil palm FFB IDR 3,614.47/Kg;
– 10-20 years old oil palm FFB IDR 3,575.01/Kg;
– 21-year-old oil palm FFB IDR 3,513.11/Kg;
– 22-year-old oil palm FFB IDR 3,442.33/Kg;
– 23-year-old oil palm FFB IDR 3,361.87/Kg;
– 24-year-old oil palm FFB IDR 3,301.04/Kg; and
– 25-year-old oil palm FFB IDR 3,251.00/Kg. (P3)