PALMOILMAGAZINE, MEDAN – Palm oil farmers in North Sumatra face a decline in prices at the beginning of May 2025. According to the price-setting team from the North Sumatra Plantation Office, the Fresh Fruit Bunch (FFB) price for oil palm aged 10–20 years dropped by IDR 36.76 per kilogram, now standing at IDR 3,560.95/Kg for the period of April 30 – May 5, 2025.
Meanwhile, the price for Crude Palm Oil (CPO) has been set at IDR 13,913.76/Kg, and the palm kernel price is IDR 13,911.86/Kg, with a K index of 93.51%.
Based on data from the North Sumatra Plantation Office, Palmoilmagazine.com reports the following FFB prices by age of the oil palm trees:
- 3 years: IDR 2,754.31/Kg
- 4 years: IDR 3,018.42/Kg
- 5 years: IDR 3,204.47/Kg
- 6 years: IDR 3,295.54/Kg
- 7 years: IDR 3,322.86/Kg
- 8 years: IDR 3,413.93/Kg
- 9 years: IDR 3,476.38/Kg
- 10–20 years: IDR 3,560.95/Kg
- 21 years: IDR 3,554.45/Kg
- 22 years: IDR 3,508.91/Kg
- 23 years: IDR 3,475.08/Kg
- 24 years: IDR 3,363.19/Kg
- 25 years: IDR 3,263.01/Kg.
This price drop is a reminder of the importance of a fair trading system and the need to protect independent farmers. Many hope that the government and industry can create a price stabilization mechanism so that farmers’ incomes do not continue to be depressed by market fluctuations. (P3)
