Augmented FFB Prices in Jambi: A Rise of Rp 65.07/kg from August 25th to 31st, 2023

Palm Oil Magazine
Doc. Sawit Fest 2021 / the pricing for 10 to 20-year-old FFB will experience an increment of Rp 65.07/kg, resulting in a new valuation of Rp 2,389.99/kg.

PALMOILMAGAZINE, JAMBI – As reported by the Fresh Fruit Bunch (FFB) Team of Jambi Province for the period spanning August 25th to 31st, 2023, a resolution has been reached that the pricing for 10 to 20-year-old FFB will experience an increment of Rp 65.07/kg, resulting in a new valuation of Rp 2,389.99/kg.

Providing insights from the ground, here is a comprehensive breakdown of FFB prices within Jambi Province, sourced from the Jambi Province Plantation Agency:

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  • FFB aged 3 years: Rp 1,886.65/kg.
  • FFB aged 4 years: Rp 1,994.22/kg.
  • FFB aged 5 years: Rp 2,087.55/kg.
  • FFB aged 6 years: Rp 2,175.97/kg.
  • FFB aged 7 years: Rp 2,231.12/kg.
  • FFB aged 8 years: Rp 2,276.76/kg.
  • FFB aged 9 years: Rp 2,322.74/kg.
  • FFB aged 10 to 20 years: Rp 2,389.99/kg.
  • FFB aged 21 to 24 years: Rp 2,315.00/kg.
  • FFB aged 25 years: Appraised at Rp 2,203.12/kg.

Crude palm oil (CPO) is Rp 10,776,53/Kg and kernel is Rp 5.022,62/Kg with K index 91,17%. (T2)

Disclaimer: this is from what local agency decided; it could be different from the spot.

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