InfoSAWIT, PEKANBARU – According to the results from the price determination team for Plasma Palm Oil in Riau Province, as per the Price Determination Letter No. 47 for the period of December 18-24, 2024, the price for palm oil aged 9 years has decreased by IDR 5.01/kg to IDR 3,840.63/kg.
Here are the prices for plasma palm oil in Riau based on InfoSAWIT's findings from the Riau Provincial Plantation Office: palm oil aged 3 years is priced at IDR 2,950.88/kg; 4 years at IDR 3,353.71/kg; 5 years at IDR 3,557.04/kg; 6 years at IDR 3,713.32/kg; 7 years at IDR 3,792.32/kg; and 8 years at IDR 3,837.26/kg.
Meanwhile, palm oil aged 9 years is priced at IDR 3,840.63/kg, palm oil aged 10-20 years at IDR 3,819.14/kg, palm oil aged 21 years at IDR 3,757.86/kg, and palm oil aged 22 years at IDR 3,698.79/kg. Prices for palm oil aged 23 years are IDR 3,636.05/kg, 24 years at IDR 3,567.11/kg, and 25 years at IDR 3,489.78/kg.
The price of crude palm oil (CPO) is set at IDR 15,639.51/kg, the price of palm kernel is IDR 11,866.30/kg, and the shell value is IDR 21.01/kg, with an index of K 93.30%. (T2)
Disclaimer: This report is for informational purposes only regarding the TBS prices as determined by the local plantation office; actual prices in the field may differ.