Increases Rp 24,85/Kg, FFB Price in North Sumatera on 23 – 29 August 2023

Palm Oil Magazine
Doc. Sawit Fest 2021 / This adjustment entails a substantial increment of Rp 24.85 per kilogram, culminating in a revised valuation of Rp 2,490.98 per kilogram. This decision reflects the ongoing efforts to accurately reflect market dynamics and ensure equitable remuneration for these agricultural products.

PALMOILMAGAZINE, MEDAN – As outlined in the official communication from the Fresh Fruit Bunch (FFB) Team of North Sumatra Province, covering the time span from August 23 to August 29, 2023, a significant development has been recorded. Specifically, there has been a noteworthy upward adjustment in the pricing of Fresh Fruit Bunches aged between 10 to 20 years.

This adjustment entails a substantial increment of Rp 24.85 per kilogram, culminating in a revised valuation of Rp 2,490.98 per kilogram. This decision reflects the ongoing efforts to accurately reflect market dynamics and ensure equitable remuneration for these agricultural products.

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Here, we present the comprehensive price catalog for Fresh Fruit Bunches (FFB) in the North Sumatra region, meticulously compiled by Palmoilmagazine.com through data sourced from the North Sumatra Plantation Agency. The pricing structure is as follows:

  • FFB aged 3 years: Priced at Rp 1,938.21 per kilogram.
  • FFB aged 4 years: Valued at Rp 2,118.43 per kilogram.
  • FFB aged 5 years: Tagged at Rp 2,232.56 per kilogram.
  • FFB aged 6 years: Listed at Rp 2,295.16 per kilogram.
  • FFB aged 7 years: Set at Rp 2,319.41 per kilogram.
  • FFB aged 8 years: Registered at Rp 2,377.83 per kilogram.
  • FFB aged 9 years: Evaluated at Rp 2,425.60 per kilogram.
  • FFB aged 10 to 20 years: Established at Rp 2,490.98 per kilogram.
  • FFB aged 21 years: Recorded at Rp 2,484.91 per kilogram.
  • FFB aged 22 years: Categorized at Rp 2,449.70 per kilogram.
  • FFB aged 23 years: Noted at Rp 2,423.55 per kilogram.
  • FFB aged 24 years: Appraised at Rp 2,337.04 per kilogram.
  • FFB aged 25 years: Appreciated at Rp 2,259.58 per kilogram.

Also Read : Here The FFB Price in West Kalimantan in the Second Period – August 2023

Crude palm oil (CPO) is Rp 10.956,84/Kg and kernel is Rp 5.277,04/Kg with K index 91,81%. (T2)

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

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