InfoSAWIT, PEKANBARU – According to the latest price determination by Riau’s Fresh Fruit Bunch (FFB) Price Committee, the price for 9-year-old plasma palm oil FFB in Riau has increased by IDR 141.39/Kg to reach IDR 3,675.66/Kg. This adjustment, based on Price Decree No. 42 for the period of November 13-19, 2024, reflects the rising market conditions in the region.
The following are the current FFB prices in Riau, as reported by InfoSAWIT and based on data from Riau’s Plantation Department:
- 3-year-old FFB: IDR 2,816.81/Kg
- 4-year-old FFB: IDR 3,207.86/Kg
- 5-year-old FFB: IDR 3,404.43/Kg
- 6-year-old FFB: IDR 3,555.09/Kg
- 7-year-old FFB: IDR 3,630.08/Kg
- 8-year-old FFB: IDR 3,673.21/Kg
- 9-year-old FFB: IDR 3,675.66/Kg
- 10-20-year-old FFB: IDR 3,654.40/Kg
- 21-year-old FFB: IDR 3,594.77/Kg
- 22-year-old FFB: IDR 3,537.05/Kg
- 23-year-old FFB: IDR 3,475.99/Kg
- 24-year-old FFB: IDR 3,408.79/Kg
- 25-year-old FFB: IDR 3,333.54/Kg
The prices of crude palm oil (CPO) and kernel also experienced adjustments, with CPO now priced at IDR 15,387.84/Kg and palm kernel at IDR 10,394.75/Kg. The shell value stands at IDR 18.64/Kg, with an index K of 92.28%. (T2)
Disclaimer: This news report serves as a reference for the officially determined FFB prices by the local plantation office. Actual field prices may vary.