PALMOILMAGAZINE, PALEMBANG – As per the findings of the Fresh Fruit Bunch (FFB) Team for the South Sumatera Province, during the second period of August 2023, a resolution reached on Monday, August 21, 2023, indicates a decline in the pricing of 10 to 20-year-old FFB. The price has decreased by Rp 15.45 per kilogram, settling at Rp 2,286.38 per kilogram.
Here are FFB price lists in South Sumatera Province from what Palmoilmagazine.com got from South Sumatera Plantation Agency: the 3 year old FFB is Rp 1.997,12/Kg; the 4 year old FFB is Rp 2.047,68/Kg; the 5 year old FFB is Rp 2.094,08/Kg; the 6 year old FFB is Rp 2.135,37/Kg; the 7 year old FFB is Rp 2.172,44/Kg; the 8 year old FFB is Rp 2.206,27/Kg.
The 9 year old FFB is Rp 2.234,93/Kg; the 10-20 year old FFB is Rp 2.286,38/Kg; the 21 year old FFB is Rp 2.256,87/Kg; the 22 year old FFB is Rp 2.231,47/Kg; the 23 year old FFB is Rp 2.201,35/Kg; the 24 year old FFB is Rp 2.166,98/Kg; dan the 25 year old FFB is Rp 2.091,37/Kg.
Also Read : FFB Price in South Sumatera in the First Period – July 2023 Increases Rp 176,24/Kg
Crude palm oil (CPO) is Rp 10.495,17/Kg and palm kernel (kernel) is Rp 4.971,21/Kg within K index 90,71%. (T2)
Disclaimer: this is the same with what local agency decided; it could be different from the spot.