In A Week, The Price Of FFB In Jambi Rose To Rp. 1,321, CPO Was Rp. 7,589 Per Kilogram

Illustration (Photo: Doc. Antara)

JAMBI - Prices of Fresh Fruit Bunches (FFB) and Crude Palm Oil (CPO) in Jambi in the period 22-28 July 2022 began to move up with FFB rising by Rp171 from Rp1,150 to Rp1,321 per kilogram.

Meanwhile, CPO rose by Rp967 from Rp6,622 to Rp7,589 per kilogram.

"Meanwhile, the price of palm kernel in this period also experienced a significant increase of Rp. 567 from Rp. 3,361 to Rp. 3,928 per kilogram," said the Jambi Province FFB Price Determination Committee, Putri Rainun, as quoted by ANTARA, Saturday, July 23.

The determination of prices for CPO, FFB, and palm kernel is an agreement by the formulation team in a meeting attended by local entrepreneurs, cooperatives, and oil palm farmer groups and based on ministerial regulations and governor regulations.

The following is complete, the price of FFB for a three-year planting age set for this period is Rp1,321 per kilogram, a four-year planting age of Rp1,398 per kilogram, a five-year planting age of Rp1,464 per kilogram, a six-year planting age of Rp1,526 per kilogram and the planting age of seven years is Rp. 1,564 per kilogram.

Then for the planting age of eight years worth IDR 1,596 per kilogram, planting age of nine years IDR 1,629 per kilogram, planting age of 10 to 20 years IDR 1,676 per kilogram, age 21 to 24 years IDR 1,624 per kilogram, and above 25 years Rp. 1,546 per kilogram.