Down Rp11, The CPO Price In Jambi 23-29 December Is Rp11,244 Per Kg

Illustration. (Photo: Doc. Antara)

JAMBI - The Currency Team for the price of fresh fruit bunches (FFB) for Jambi Province palm oil for the period 23-29 December 2022, determined that the price of crude palm oil (cpo) had decreased slightly by Rp11 per kilogram from Rp11,255 to Rp11,244 per kilogram.

"The team has also agreed that the price of palm oil is 10-20 years after having increased in the last few months, this is stable, namely Rp2,542 while the palm kernel has increased by Rp. 60 per kilogram from Rp. 5,477 to Rp. 5,537 per kilogram," said Head of the Jambi Provincial Plantation Service, Agusrizal, quoted by Antara, Saturday, December 24.

The price of this FFB is a price intended for farmers who have become partners of palm processing companies where the Jambi Provincial Government is currently also forming a palm oil price monitoring task force in the regions.

The following is the complete information on the price of FFB in Jambi for three-year planting age TBS set for this period is IDR 2,005 per kilogram, four years of planting age IDR 2,121 per kilogram, five years of planting age IDR 2,220 per kilogram, six years of planting age IDR 2,314 per kilogram and seven years of planting age IDR 2,372 per kilogram.

Then for eight years of planting age worth Rp2,421 per kilogram, 9 years of planting age Rp2,470 per kilogram, 10 to 20 years of planting age Rp2,542 per kilogram, 21 to 24 years old Rp2,462 per kilogram and over 25 years Rp2,454 per kilogram.

The decline in the prices of TBS and Cpo was known based on the results of the meeting on the determination of the prices of cpo, TBS, and palm kernel, which was the agreement of the perumus team in a meeting attended by entrepreneurs, cooperatives and oil palm farmer groups based on ministerial regulations and governor regulations.

The price of TBS itself varies depending on the age of various planting periods. Then this price also applies to palm oil farmers who have partnered with palm oil factories.