InfoSAWIT, PEKANBARU – The Fresh Fruit Bunches (FFB) price for Riau Province’s plasma palm oil plantations increased by IDR 40.87 per kilogram for the period of December 4–10, 2024. Based on Decree No. 45 issued by Riau’s FFB Pricing Team, the price for nine-year-old FFB now stands at IDR 3,730.14 per kilogram.
According to data from Riau’s Plantation Agency, here is the detailed pricing breakdown for FFB across various tree ages:
- 3-year-old trees: IDR 2,865.14/kg
- 4-year-old trees: IDR 3,257.02/kg
- 5-year-old trees: IDR 3,454.72/kg
- 6-year-old trees: IDR 3,606.64/kg
- 7-year-old trees: IDR 3,683.29/kg
- 8-year-old trees: IDR 3,726.95/kg
- 9-year-old trees: IDR 3,730.14/kg
- 10–20-year-old trees: IDR 3,709.19/kg
- 21-year-old trees: IDR 3,649.56/kg
- 22-year-old trees: IDR 3,592.05/kg
- 23-year-old trees: IDR 3,530.99/kg
- 24-year-old trees: IDR 3,463.90/kg
- 25-year-old trees: IDR 3,388.65/kg
The pricing for key components related to the palm oil industry was also confirmed for the same period:
- Crude Palm Oil (CPO): IDR 15,293.38/kg
- Palm Kernel (PK): IDR 11,458.24/kg
- Shell Value: IDR 20.19/kg
- K Index: 92.84%
This price adjustment reflects the government’s efforts to provide fair valuation for plasma palm oil producers in the region. (T2)
Disclaimer: The prices mentioned are official determinations by Riau’s Plantation Agency. Actual field prices may vary depending on local conditions and agreements.