Drops Slightly, CPO And FFB Prices In Jambi So IDR 10,935 Per Kilogram

Palm Oil (ANTARA)

The formulating team for the price of Fresh Fruit Bunches (FFB) has set the price of crude palm oil (CPO) to slightly decrease by Rp69 per kilogram from Rp11,004 to Rp10,935 per kilogram in Jambi Province for the period January 5-11.

The price of this FFB is a price intended for farmers who have become partners of palm processing companies where the Jambi Provincial Government formed an extension through the palm oil FFB price task force in the regions.

"In addition to the cpo, the team also agreed that the price of fresh fruit bunches (FFB) for oil palms aged 10-20 years had also slightly decreased by only Rp. 4 per kilogram from Rp. 2,449 to Rp. 2,445 per kilogram while the palm kernel was stable or still Rp. 5,438 per kilogram," said Head of the Jambi Provincial Plantation Service, Agusrizal, quoted from ANTARA, Saturday, January 6.

The following is the complete information on the price of FFB in Jambi for the three-year growth age FFB set for this period is IDR 1,928 per kilogram, four years of planting age IDR 2,040 per kilogram, five years of planting age IDR 2,135 per kilogram, six years of planting age IDR 2,226 per kilogram and seven years of planting age IDR 2,282 per kilogram.

Then for eight years of planting age worth Rp2,329 per kilogram, 9 years of planting age Rp2,376 per kilogram, 10 to 20 years of planting age Rp2,445 per kilogram, 21 to 24 years of age Rp2,369 per kilogram and over 25 years of Rp2,255 per kilogram.

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

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

To maintain the stability of FFB prices in Jambi, the government has advised all districts to create a team to monitor the price of oil palm heads in their respective regions.