Riau TBS Oil Price Increases Thin on This Week

INDUSTRY.co.id - Pekanbaru - The price of fresh fruit bunches (TBS) in Riau Province this week edged up by Rp17.01 per kilogram during January 10-16, 2018.

Head of Quality Processing and Marketing Section of Plantation, Department of Food Crops, Horticulture and Plantation of Riau Province, Dedi Yasmono said, this week CPO price was monitored by Rp7,634.33 and kernel price of Rp6,884.50.

"The condition is gradually improving, hopefully this increase will continue with the improvement of the CPO market," Dedi said in Pekanbaru, Thursday (11/1/2018).

Following the pricing of oil palm TBS in Riau during the period of 10-16 January 2018, three years old palm oil worth Rp1,319.79, palm oil aged four years of Rp1.472,65, palm oil aged five years of Rp1.575,38, oil palm aged six years Rp1.622,74.

Then, oil palm aged seven years  Rp1,684,38, oil palm aged eight years of Rp1.736, 96, palm oil age of nine years of Rp1.793, 38, palm oil aged 10-20 years of Rp1.842, 82.

Finally, oil palm aged 21 years is Rp1,799.66, 22 years old palm oil is Rp1.755,80, oil palm aged 23 years is Rp1,712.63, palm oil 24 years old is Rp1,695.22, and 25 year old oil palm of Rp1,625.60. (gr)