PALMOILMAGAZINE, MEDAN – As per the North Sumatera Province’s Fresh Fruit Bunch (FFB) Team report for the period of August 16 to August 22, 2023, adjustments have been made in FFB pricing, particularly affecting the 10 to 20 year-old category which experienced a reduction of Rp 25.09/kg, bringing it down to Rp 2,466.13/kg.
Here’s a breakdown of the FFB price list in North Sumatera, based on data sourced from the North Sumatera Plantation Agency via Palmoilmagazine.com:
– 3-year-old FFB: Rp 1,918.95/kg
– 4-year-old FFB: Rp 2,097.34/kg
– 5-year-old FFB: Rp 2,210.23/kg
– 6-year-old FFB: Rp 2,272.20/kg
– 7-year-old FFB: Rp 2,296.24/kg
– 8-year-old FFB: Rp 2,354.05/kg
– 9-year-old FFB: Rp 2,401.36/kg
– 10-20 year-old FFB: Rp 2,466.13/kg
– 21-year-old FFB: Rp 2,460.11/kg
– 22-year-old FFB: Rp 2,425.23/kg
– 23-year-old FFB: Rp 2,399.33/kg
– 24-year-old FFB: Rp 2,313.63/kg
– 25-year-old FFB: Rp 2,236.90/kg
The current pricing for Crude Palm Oil (CPO) stands at Rp 10,853.70/kg, while kernel prices are at Rp 5,196.99/kg, accompanied by a K index of 91.81%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
