PALMOILMAGAZINE, PEKANBARU – Based on the information provided by the Fresh Fruit Bunch (FFB) Team for Independent Smallholders and the FFB Documents of Riau Number 10 dated August 23 – 29, 2023, a decision has been made to revise the pricing for 9-year-old FFB. The new price for 9-year-old FFB has been adjusted from Rp 83.13/kg to Rp 2,486.29/kg.
Here is a summary of the FFB pricing in Riau Province based on data gathered by Palmoilmagazine.com from the Riau Province Plantation Agency:
– 3-year-old FFB: Rp 1,912.94/kg
– 4-year-old FFB: Rp 2,141.80/kg
– 5-year-old FFB: Rp 2,307.60/kg
– 6-year-old FFB: Rp 2,399.15/kg
– 7-year-old FFB: Rp 2,451.97/kg
– 8-year-old FFB: Rp 2,482.63/kg
– 9-year-old FFB: Rp 2,486.29/kg
– 10-20 year old FFB: Rp 2,455.81/kg
– 21-year-old FFB: Rp 2,410.09/kg
– 22-year-old FFB: Rp 2,358.69/kg
– 23-year-old FFB: Rp 2,300.30/kg
– 24-year-old FFB: Rp 2,256.33/kg
– 25-year-old FFB: Rp 2,219.92/kg.
Crude palm oil (CPO)is Rp. 10.935,50/kg; palm kernel (kernel) is Rp 6.140,00/Kg, shell is Rp 29,93/Kg with K index 91,37% and indirect operational cost: 0,98. (T2)
Disclaimer: this is about to inform FFB price lists from what local agency decided; it could be different from the spot.
