PONTIANAK - The selling price of Fresh Fruit Bunches (FFB) in West Kalimantan (West Kalimantan) has reached the highest level from the previous period. For the period March 2022, according to the results of the pricing meeting of the West Kalimantan Plantation and Livestock Service (Disbunak), FFB for ages 10 - 20 years is valued at IDR 3,698.63 per kilogram.
"The highest price was recorded at the age of 10-20 years, which was Rp. 3,698.63 per kilogram. The highest price is for the current position of FFB, because in the previous period the price of FFB at the same age was still Rp. 3,450.63," said The Head of West Kalimantan's Head of Bunak and Information Services, M. Munsif, in Pontianak, as reported by Antara, Saturday, March 19.
Munsif explained that other palm oil derivative products in the form of Crude Palm Oil (CPO) also experienced a significant increase, reaching Rp. 15,534.25 per kilogram. In the previous period, the same type of commodity was still valued at Rp. 14,471.31 per kilogram.
"The price of palm kernel oil or Palm Kernel Oil (PKO) has also increased, which has reached Rp. 12,727.14 per kilogram, from the price of the previous period of Rp. 12,494.45 per kilogram," said Munsif.
According to Munsif, the increase in the price of West Kalimantan's leading commodities was influenced by a number of factors, including from the production side, which is currently being affected by the weather, which causes production to decline in almost every plantation.
"This affects the volume of circulating CPO production, both for domestic and export needs. With low production and high demand, it certainly has a direct effect on price increases," said Munsif.
Furthermore, from the demand side, the demand for CPO has increased both for the domestic B30 program and for foreign markets through exports.
"Demand for Indonesian CPO from foreign markets is high. This of course also affects prices," said Munsif.
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