CPO Prices In Jambi Rise By Rp. 152 To Rp. 15.940 Per Kilogram, Prices Of FFB And Palm Kernel Also Rise

Illustration. (Photo: Doc. Antara)

JAKARTA - The price of crude palm oil (Crude Palm Oil/CPO) in Jambi in the period April 29 - May 6, 2022, increased by IDR 152 per kilogram from IDR 15,788 to IDR 15,940 per kilogram. In the same period, the price of Fresh Fruit Signs (FFB) rose by IDR 27 per kilogram from IDR 2,943 to IDR 2,970 per kilogram and palm kernel also increased by IDR 34 from IDR 9,989 to IDR 10,023 per kilogram.

"The results determined by the formulating team this time are the prices of CPO, palm kernel and FFB increased compared to the previous period", said the Jambi Province FFB Price Determination Committee, Putri Rainun, quoted by Antara, Saturday, April 30.

Determination of prices for CPO, FFB, and palm kernel was agreed upon by the formulation team in a meeting attended by cooperative entrepreneurs and local oil palm farmer groups and based on ministerial regulations and government regulations.

The following is complete, the price of FFB for a three-year planting age set for this period is IDR 2,970 per kilogram, 4 years for planting IDR 3,156 per kilogram, 5 years for planting IDR 3,302 per kilogram, 6 years for planting IDR 3,441 per kilogram, and the planting age of 7 years is IDR 3,528 per kilogram.

Then for planting age 8 years worth IDR 3,602 per kilogram, planting age for 9 years IDR 3,674 per kilogram, planting age 10 to 20 years IDR 3,784 per kilogram, aged 21 to 24 years IDR 3,668 per kilogram and over 25 years IDR 3,496 per kilogram.