PALMOILMAGAZINE, PEKANBARU – Fresh fruit bunch (FFB) prices for independent oil palm smallholders in Riau Province recorded a decline during the pricing period of May 27 to June 2, 2026, according to the latest decision issued by the provincial pricing committee.
Based on the Riau Provincial Plantation Agency’s FFB pricing determination letter No. 18 for the period, the benchmark price for nine-year-old oil palm trees was set at IDR 3,709.35 per kilogram. The pricing adjustment reflects prevailing market conditions and serves as a reference for transactions involving independent smallholders across the province.
The committee also established the reference crude palm oil (CPO) price at IDR 14,598.00/kg. Palm kernel prices were set at IDR 15,277.56/kg, while shell values were recorded at IDR 26.09/kg. The K index, which reflects the proportion of revenue distributed to growers, was determined at 92.87%.
Also Read: KPBN CPO Bids Surge 7.7% Despite Withdrawn Tenders, Malaysia Futures End Mixed
According to data obtained by Palmoilmagazine.com from the Riau Plantation Agency, FFB prices varied by tree age. Oil palms aged three years were priced at IDR 2,880.14/kg, while four-year-old palms were valued at IDR 3,207.10/kg. Prices increased to IDR 3,436.66/kg for five-year-old palms and IDR 3,567.44/kg for six-year-old plantations.
Meanwhile, FFB from seven-year-old palms was priced at IDR 3,648.31/kg, and eight-year-old palms reached IDR 3,691.88/kg. The highest price during the period was recorded for nine-year-old palms at IDR 3,709.35/kg.
For mature plantations aged 10 to 20 years, the FFB price was set at IDR 3,673.25/kg. Prices then gradually declined with increasing tree age, reaching IDR 3,613.85/kg for 21-year-old palms and IDR 3,544.77/kg for 22-year-old plantations.
Also Read: Indonesia Sets June CPO Reference Price at USD 1,029.51/MT Amid Softer Global Demand
FFB from 23-year-old palms was valued at IDR 3,466.20/kg, while 24-year-old and 25-year-old palms were priced at IDR 3,406.55/kg and IDR 3,357.81/kg, respectively.
Older plantations continued to show lower values, with prices set at IDR 3,340.18/kg for 26-year-old palms, IDR 3,313.13/kg for 27-year-old palms, IDR 3,261.68/kg for 28-year-old palms, IDR 3,223.72/kg for 29-year-old palms, and IDR 3,136.95/kg for 30-year-old palms.
The latest pricing decision will serve as a benchmark for independent smallholder transactions across Riau and remains a key indicator of market conditions in one of Indonesia’s largest palm oil-producing regions. (P3)
