InfoSAWIT, PALEMBANG – The Fresh Fruit Bunches (FFB) Pricing Team of South Sumatra Province (Sumsel) has determined that palm oil FFB prices for the second period of November 2024 (November 16–30) have increased by IDR 261.23/kg. As of Tuesday, November 19, 2024, the price for FFB aged 10–20 years has risen to IDR 3,618.09/kg.
The next price-setting meeting for the first period of December 2024 is scheduled to take place on Tuesday, December 10, 2024, in Palembang, South Sumatra.
Here are the FFB prices for South Sumatra, based on data gathered by InfoSAWIT from the South Sumatra Plantation Office:
- 3-year-old palms: IDR 3,064.74/kg
- 4-year-old palms: IDR 3,159.59/kg
- 5-year-old palms: IDR 3,309.31/kg
- 6-year-old palms: IDR 3,355.74/kg
- 7-year-old palms: IDR 3,358.63/kg
- 8-year-old palms: IDR 3,456.92/kg
- 9-year-old palms: IDR 3,513.27/kg
- 10–20-year-old palms: IDR 3,618.09/kg
- 21-year-old palms: IDR 3,603.53/kg
- 22-year-old palms: IDR 3,603.39/kg
- 23-year-old palms: IDR 3,577.21/kg
- 24-year-old palms: IDR 3,470.12/kg
- 25-year-old palms: IDR 3,477.03/kg
Additionally, the price of crude palm oil (CPO) has been set at IDR 15,046.61/kg, while palm kernel prices are listed at IDR 9,982.44/kg, with a K index of 93.23%. (T2)
Disclaimer: This report provides price information based on official figures released by the local plantation office. Field prices may vary.
