PALMOILMAGAZINE, MEDAN – The North Sumatra Fresh Fruit Bunch (FFB) Price Determination Team has announced a price decrease for 10-20-year-old palm oil FFB, dropping by IDR 43.08/kg to IDR 3,329.65/kg for the period of January 30 – February 4, 2025.
Based on data from the North Sumatra Provincial Plantation Office, as reported by Palmoilmagazine.com, the latest FFB prices in the province are as follows:
- 3-year-old palms: IDR 2,580.69/kg
- 4-year-old palms: IDR 2,825.56/kg
- 5-year-old palms: IDR 2,992.81/kg
- 6-year-old palms: IDR 3,076.81/kg
- 7-year-old palms: IDR 3,104.72/kg
- 8-year-old palms: IDR 3,187.44/kg
- 9-year-old palms: IDR 3,247.71/kg
- 10-20-year-old palms: IDR 3,329.65/kg
- 21-year-old palms: IDR 3,322.87/kg
- 22-year-old palms: IDR 3,278.75/kg
- 23-year-old palms: IDR 3,245.97/kg
- 24-year-old palms: IDR 3,137.56/kg
- 25-year-old palms: IDR 3,040.50/kg
Additionally, the latest commodity prices recorded are:
- Crude Palm Oil (CPO): IDR 13,506.67/kg
- Palm Kernel (PK): IDR 10,938.75/kg
- K Index: 93.33%
This price adjustment reflects the ongoing fluctuations in North Sumatra’s palm oil industry. (P2)
