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Riau Independent FFB Price Rises IDR 23.35/kg to IDR 3,936.63 for Aug. 5–11
['August', 'Wib']
Palmoilmagazine.com
Riau’s independent smallholder FFB price rose IDR 23.35/kg for Aug. 5–11, with nine-year-old palms reaching IDR 3,936.63/kg as the provincial pricing formula maintained the benchmark near IDR 4,000/kg.
The price was set by the Riau Provincial FFB Price Determination Team under Decision No.
The price for seven-year-old palms stood at IDR 3,873.00/kg, while eight-year-old palms reached IDR 3,919.58/kg.
The price for 23-year-old palms stood at IDR 3,673.90/kg, followed by IDR 3,609.76/kg for 24-year-old palms and IDR 3,557.25/kg for 25-year-old palms.
For palms aged 26–30 years, the respective FFB prices were IDR 3,538.30/kg, IDR 3,509.12/kg, IDR 3,453.70/kg, IDR 3,412.88/kg and IDR 3,319.58/kg.