PALMOILMAGAZINE, PEKANBARU – Based on the FFB Team for Plasma Smallholders and the FFB Documents of Riau Province Number 33 for the period of August 23 to August 29, 2023, there has been an improvement in the price of 9-year-old Fresh Fruit Bunch (FFB), increasing by Rp 115.26/kg to reach Rp 2,562.80/kg.
Below are the FFB price details in Riau Province as obtained from the Riau Province Plantation Agency via Palmoilmagazine.com:
- 3-year-old FFB: Rp 1,954.59/kg
- 4-year-old FFB: Rp 2,235.21/kg
- 5-year-old FFB: Rp 2,374.90/kg
- 6-year-old FFB: Rp 2,481.27/kg
- 7-year-old FFB: Rp 2,532.25/kg
- 8-year-old FFB: Rp 2,562.40/kg
- 9-year-old FFB: Rp 2,562.80/kg
- 10-20-year-old FFB: Rp 2,546.87/kg
- 21-year-old FFB: Rp 2,503.84/kg
- 22-year-old FFB: Rp 2,461.80/kg
- 23-year-old FFB: Rp 2,417.74/kg
- 24-year-old FFB: Rp 2,369.06/kg
- 25-year-old FFB: Rp 2,314.75/kg.
Crude palm oil (CPO) is Rp 11.056,68/Kg, palm kernel (kernel) is Rp 5.360,91/Kg, shell is Rp 23.00/kg, indirect operational cost: 1,43%, with K index 92,67%. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
