Jambi CPO Price Down Rp167 Per Kilogram
By : Herry Barus And Aldo Bella Putra | Wednesday, December 27 2017 - 20:00 IWST
Kebun Kelapa Sawit (Ist)
INDUSTRY.co.id - Jambi, The price of crude palm oil (CPO) in Jambi Province from 22-28 December 2017 decreased by Rp167 per kilogram or from Rp7,503 to Rp7,336 per kilogram.
Meanwhile, the price of fresh fruit bunches (FFB) of palm oil and palm kernel also decreased during this period, said Official Pricing of Palm Oil Palm Jambi Province Putri Rainun, in Jambi, Wednesday (27/12/2017)
According to him, the price of palm kernel in this period fell by Rp375 per kilogram from Rp7,291 per kilogram to Rp6,915 / kg with an index of 89.75 percent.
As for the price of oil palm FFB also fell Rp38 per kilogram from Rp1.411 per kilogram to Rp1,373 per kilogram.
Next, the three year old planted TBS price set for the two periods was Rp1,373 per kilogram, four years of planting age of Rp1,437 per kilogram, five years of planting age of Rp1,540 per kilogram, six years of planting age of Rp1,604 / kg , and seven years of planting age Rp1.644 / kg.
Meanwhile, for eight years of planting age of Rp1,680 / kg, nine years of planting age of Rp1,713 / kg, age of ten to 20 years old Rp1.768 / kg, age 21-24 years Rp1.716 / kg, and above 25 years Rp1.639 per kilogram.
CPO, TBS and palm kernel prices are the agreement of the drafting team at a meeting attended by local businessmen, cooperatives, and palm oil groups.
Jambi Province has an oil palm plantation area of 962,000 hectares spread over 10 districts with production of about 1,000,000 tons per year.