Credit: Palmoilmagazine.com
Palmoilmagazine.com, PEKANBARU – Based on the recent update from the Fresh Fruit Bunch (FFB) Team and FFB Documents of Riau Province Number 20 on 24 - 30 May 2023, there has been a significant decrease in the price of 10 to 20-year-old FFB. The price has dropped from Rp 156.68/kg to Rp 2,290.31/kg. This decision reflects the current market conditions and factors influencing the pricing of FFB in Riau Province.
To provide further information, Palmoilmagazine.com has obtained the FFB price lists in Riau Province, sourced from the Plantation Agency of Riau Province. These price lists offer valuable insights into the current rates of FFB in the region, allowing stakeholders to stay informed about the market dynamics and make informed decisions related to the palm oil industry.
Here are FFB price lists in Riau Province based from Plantation Agency Riau Province:
- the 3 year old FFB is Rp 1.684,03/Kg;
- the 4 year old FFB is Rp 1.826,19/Kg;
- the 5 year old FFB is Rp 1.998,08/Kg;
- the 6 year old FFB is Rp 2.046,40/Kg;
- the 7 year old FFB is Rp 2.126,31/Kg;
- the 8 year old FFB is Rp 2.185,32/Kg.
- The 9 year old FFB is Rp 2.237,35/Kg;
- the 10-20 year old FFB is Rp 2.290,31/Kg;
- the 21 year old FFB is Rp 2.191,82/Kg;
- the 22 year old FFB is Rp 2.180,67/Kg;
- the 23 year old FFB is Rp 2.171,38/Kg;
- the 24 year old FFB is Rp 2.078,47/Kg;
- the 25 year old FFB is Rp 2.027,36/Kg.
Crude palm oil (CPO) is Rp 10.340,82/Kg, and palm kernel (kernel) is Rp 5.174,57/Kg within K index 89,85%. (T2)
Disclaimer: this is from what local agency decided; it could be different from the spot.
