InfoSAWIT, PEKANBARU – According to the results from the price-setting team for Fresh Palm Fruit Bunches (TBS) in Riau Province, the price for 9-year-old palm oil has decreased by Rp 69.15/kg, now standing at Rp 3,616.46/kg for the period of March 12-18, 2025. This decision was made in reference to the official price determination letter No. 9 from the Provincial Government.

The following are the prices for TBS in Riau based on InfoSAWIT's investigation from the Riau Provincial Plantation Office: 3-year-old palm oil is priced at Rp 2,793.66/kg; 4-year-old at Rp 3,120.23/kg; 5-year-old at Rp 3,353.47/kg; 6-year-old at Rp 3,484.10/kg; 7-year-old at Rp 3,561.96/kg; and 8-year-old at Rp 3,605.60/kg.

For 9-year-old palm oil, the price is Rp 3,616.46/kg, while for palm oil aged 10-20 years, it is Rp 3,576.39/kg. Prices for older palm oil are as follows: 21 years at Rp 3,513.87/kg, 22 years at Rp 3,442.53/kg, 23 years at Rp 3,361.43/kg, 24 years at Rp 3,300.15/kg, and 25 years at Rp 3,249.70/kg.

Currently, the price of crude palm oil (CPO) is Rp 15,030.61/kg, while palm kernel prices stand at Rp 11,703.72/kg, with shell value at Rp 31.25/kg and an index K of 92.67%. (T2)