PALMOILMAGAZINE, PEKANBARU – The commodity price of oil palm Fresh Fruit Bunches (FFB) for plasma farmers in Riau Province has decreased significantly in the period December 25, 2024 – January 7, 2025.
Based on the oil palm FFB price determination letter No. 48, the price determination team agreed that the price of 9-year-old Riau palm oil fell by Rp 120.05/Kg to Rp 3,720.58/kg.
Meanwhile, the price of crude palm oil (CPO) was set at IDR 15,156.28/Kg, the price of palm kernel (CPKO) at IDR 11,456.75/Kg, the price of palm kernel shell at IDR 21.01/kg, and with a K index of 93.30%.
The following is the complete price of palm oil FFB for plasma farmers in Riau Province based on the information Palmoilmagazine.com got from Riau Province Plantation Agency:
- 3-year old oil palm FFB IDR 2,858.56/Kg;
- 4-year old oil palm FFB IDR 3,248.91/Kg;
- 5-year-old oil palm FFB IDR 3,445.92/Kg;
- 6-year old oil palm FFB IDR 3,597.32/Kg;
- 7-year old oil palm FFB IDR 3,673.82/Kg;
- 8-year old oil palm FFB IDR 3,717.34/Kg;
- 9-year-old oil palm FFB IDR 3,720.58/Kg;
- 10-20 years old oil palm FFB IDR 3,699.75/Kg;
- FFB of 21-year-old oil palm IDR 3,640.36/Kg;
- FFB and 22 year old oil palm IDR 3,583.10/Kg;
- 23-year-old oil palm FFB IDR 3,522.30/Kg;
- 24-year-old oil palm FFB IDR 3,455.49/Kg;
- 25-year-old oil palm FFB IDR 3,380.55/Kg. (P3)
