PALMOILMAGAZINE, MEDAN – Fresh fruit bunch (FFB) prices for oil palm plantations in North Sumatra recorded a steep decline for the May 27–June 2, 2026 pricing period. Based on the latest pricing committee decision, FFB prices for oil palm trees aged 10–20 years fell by IDR 649.80/Kg to IDR 3,252.89/Kg compared to the previous period.
The correction marked one of the sharpest declines seen in recent months, reflecting continued pressure in the crude palm oil (CPO) market amid fluctuating global vegetable oil prices.
In the latest pricing assessment, crude palm oil (CPO) was set at IDR 12,370.60/Kg, while palm kernel prices were determined at IDR 13,975.00/Kg with a K index of 93.27%.
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Data compiled from the North Sumatra Plantation and Livestock Agency showed that FFB prices across nearly all age categories also weakened. Oil palm trees aged three years were priced at IDR 2,760.18/Kg, while four-year-old trees stood at IDR 2,945.15/Kg and five-year-old trees at IDR 3,044.57/Kg.
Meanwhile, six-year-old plantations were valued at IDR 3,129.95/Kg, seven-year-old trees at IDR 3,087.88/Kg, and eight-year-old trees at IDR 3,203.07/Kg. FFB from nine-year-old plantations reached IDR 3,227.36/Kg.
For the main productive category of 10–20-year-old plantations, prices were fixed at IDR 3,252.89/Kg. FFB prices for 21-year-old trees stood at IDR 3,261.21/Kg, while 22-year-old plantations were set at IDR 3,235.16/Kg.
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Older plantations also experienced price declines, with 23-year-old trees priced at IDR 3,185.72/Kg, 24-year-old trees at IDR 3,092.56/Kg, and 25-year-old plantations at IDR 3,008.37/Kg.
Additionally, FFB prices for 26-year-old plantations were recorded at IDR 2,987.50/Kg, followed by 27-year-old trees at IDR 2,946.41/Kg, 28-year-old plantations at IDR 2,903.02/Kg, 29-year-old trees at IDR 2,858.62/Kg, and 30-year-old plantations at IDR 2,814.22/Kg.
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The decline in North Sumatra’s FFB prices has become a key concern for palm oil industry players and smallholders, particularly as global market volatility and shifting vegetable oil demand continue to influence the sector heading into June 2026. (P3)
