InfoSAWIT, PALEMBANG – Referring to the results from the Fresh Fruit Bunch (FFB) Price Determination Team of South Sumatra Province for the second period of December 2024 (December 16-31, 2024), it was established on Wednesday, December 18, 2024, that the price for palm oil aged 10-20 years increased by Rp 100.19/kg to Rp 3,738.42/kg.

Here are the prices for palm oil in South Sumatra based on InfoSAWIT's investigation from the Provincial Plantation Office: palm oil aged 3 years is priced at Rp 3,158.61/kg; 4 years at Rp 3,256.74/kg; 5 years at Rp 3,407.24/kg; 6 years at Rp 3,451.59/kg; 7 years at Rp 3,452.77/kg; and 8 years at Rp 3,560.95/kg.

Meanwhile, palm oil aged 9 years is priced at Rp 3,623.20/kg; 10-20 years at Rp 3,738.42/kg; 21 years at Rp 3,724.87/kg; 22 years at Rp 3,727.66/kg; 23 years at Rp 3,700.90/kg; 24 years at Rp 3,592.24/kg; and 25 years at Rp 3,601.34/kg. The price of crude palm oil (CPO) is set at Rp 15,260.04/kg, and the price of palm kernel is Rp 11,166.55/kg with an index of K 93.60%. (T2)

Disclaimer: This news is for informational purposes regarding the FFB prices as determined by the local plantation office; actual prices in the field may vary.