PALMOILMAGAZINE, PEKANBARU – According to the Riau Province Independent Fresh Fruit Bunch (FFB) Price Determination Team, based on Decree No. 3 for the period of January 22 – February 4, 2025, the price of 9-year-old independent palm oil FFB in Riau dropped by IDR 77.86/kg, settling at IDR 3,357.29/kg.
Based on data from the Riau Provincial Plantation Office, as reported by Palmoilmagazine.com, the latest independent FFB prices in Riau are as follows:
- 3-year-old palms: IDR 2,596.52/kg
- 4-year-old palms: IDR 2,898.23/kg
- 5-year-old palms: IDR 3,113.25/kg
- 6-year-old palms: IDR 3,233.93/kg
- 7-year-old palms: IDR 3,306.20/kg
- 8-year-old palms: IDR 3,346.51/kg
- 9-year-old palms: IDR 3,357.29/kg
- 10-20-year-old palms: IDR 3,320.73/kg
- 21-year-old palms: IDR 3,263.33/kg
- 22-year-old palms: IDR 3,197.69/kg
- 23-year-old palms: IDR 3,123.07/kg
- 24-year-old palms: IDR 3,066.64/kg
- 25-year-old palms: IDR 3,020.23/kg
Additionally, the latest commodity prices recorded are:
- Crude Palm Oil (CPO): IDR 13,872.67/kg
- Palm Kernel (PK): IDR 11,249.68/kg
- Palm Shell: IDR 34.38/kg
- K Index: 92.44%
These price adjustments reflect market trends and production dynamics within the palm oil industry. (P2)