Price of Oil Palm FFB in Riau has decreased up to Rp 61 per Kilogram

By : Hariyanto And Aldo Bella Putra | Tuesday, December 19 2017 - 23:00 IWST

kelapa sawit
kelapa sawit

INDUSTRY.co.id - Pekanbaru - Downstream palm oil industry in Riau Province is getting worse as it continues to decrease in price. This week, the price of fresh fruit bunches (FFB) in Riau decreased by Rp61.02 per kilogram.

Head of Section of Processing and Marketing of Plantation of Quality, Department of Food Crops, Horticulture and Plantation of Riau Province, Dedi Yasmono said, CPO price observed Rp7.562,88 with kernel price Rp7.328,17.

"This week's price drop almost fivefold from last week's decline of only Rp13.66 per kilogram. The December 20 to December 26 period has fallen sharply by Rp61.02 for oil palm aged 10-20 years to Rp1,853.74," said Dedi in Pekanbaru, Wednesday (13/12/2017).

He said the price of crude palm oil (CPO) this week has not improved due to the many negative sentiments from European countries. "The price of CPO is still depressed, which worsens the condition," he said.

The following determination of Riau Province FFB Price of 20-26 December 2017; palm aged 3 years of Rp1,327.83; 4 year old oil palm Rp1.481,26; oil palm age 5 years Rp1.584,43; oil palm age 6 years Rp1.632,40; oil palm 7 years old Rp1.694,30.

Furthermore, oil palm aged 8 years Rp1.747.21; 9 year old oil palm Rp1.804,17; oil palm aged 10 years-20 years Rp1,853.74; oil palm 21 years old Rp1.810,87.

Then, oil palm aged 22 years Rp1.767, 31, palm oil age 23 years Rp1.724, 45, oil palm age 24 years Rp1.707, 16, and palm oil age 25 years Rp1.638.02. (gr)

News Comment

Today's Industry

Cabinet Secretary Pramono Anung (Photo: Public Relations of Cabinet Secretariat/Rahmat)

Kamis, 23 Maret 2023 - 17:41 WIB

Welcoming Ramadan 1444H, Cabinet Secretary: A Month Full of Deep Meaning

Cabinet Secretary (Seskab) Pramono Anung wished Muslims throughout the country a happy fasting month of Ramadan 1444 Hijri/2023 AD.

The government determines that 1 Ramadan 1444 Hijriah/2023, the Minister of Religion (Menag) Yaqut Cholil Qoumas, at the Office of the Ministry of Religion (Kemenag) , Jakarta, Wednesday (22/03/2023).

Kamis, 23 Maret 2023 - 16:30 WIB

Government Sets 1 Ramadan 1444H to Fall on Thursday, March 23 2023

The government determines that 1 Ramadan 1444 Hijriah/2023 AD will fall on Thursday, 23 March 2023. This determination is based on the decision of the Isbat (Determination) Session of the Beginning…

Saudi Arabian Airlines (SAUDIA)

Kamis, 23 Maret 2023 - 14:52 WIB

SAUDIA Group Announces International Expansion With 25 New Destinations in 2023, Connecting the World to Saudi Arabia

Saudi Arabian Airlines (SAUDIA) and flyadeal set course to add 25 new destinations in 2023 on SAUDIA Group Network.

Asahi Kasei , Dusseldorf, Germany

Kamis, 23 Maret 2023 - 08:45 WIB

Crystal IS and Asahi Kasei Announce New Record for Single-Chip Device Output and Immediate Engineering Sample Availability of Their Upcoming 160 mW UVC LED

Asahi Kasei, a diversified Japanese multinational company, and subsidiary Crystal IS have demonstrated their next- generation Klaran single chip UVC LED which emits at 160 mW in the ideal germicidal…

PT Alkindo Naratama Tbk (“ALDO”)

Kamis, 23 Maret 2023 - 06:36 WIB

Earning Profits While Protecting the Environment, ALDO Processes Around 80 million kg of Used Paper Every Year

PT Alkindo Naratama Tbk (ALDO), continue to actively earn profits while at the same time participating in preserving the environment through the waste paper processing business.