Good News For Palm Oil Farmers In Jambi, FFB Prices Increase By Rp120 Per Kilogram

Illustration of Fresh Fruit Bunches (FFB) of oil palm in Jambi. (Photo via ANTARA/Nanang Mairiadi)

JAMBI - There is good news for oil palm farmers in Jambi. This is because the price of fresh fruit bunches (FFB) for palm oil has increased.

Not only FFB, the price of crude palm oil (CPO) and palm kernel for the period 12-18 August 2022 also increased. This is based on data received by the Jambi Plantation Office, Saturday, August 13, 2022.

Based on these data, the price of oil palm FFB aged 10-20 years increased by Rp120. The initial price of IDR 2,016 has now become IDR 2,136 per kilogram.

Meanwhile, the price of CPO also increased by Rp. 819 from Rp. 9,972 per kilogram. Then the price of palm kernel in this period increased by Rp. 190 to Rp. 4,813 per kilogram.

As reported by Antara, the increase in FFB, palm kernel and CPO was based on the results of the CPO, FFB and palm kernel price fixing meeting, which was an agreement by the formulation team in a meeting attended by entrepreneurs, cooperatives and oil palm farmer groups based on ministerial regulations and governor regulations. .

The following is complete information on FFB prices in Jambi for the period 12-18 August 2022:

Three-year planting age Rp1,685 per kilogram Four-year planting age Rp1,782 per kilogram. Five-year planting age Rp1,866 per kilogram Six-year planting age Rp1,945 per kilogram. Planting age seven years Rp1,994 per kilogram. Planting age is eight years worth Rp2,035 per kilogram. Planting age 9 years Rp2,077 per kilogram. Planting age 10 to 20 years Rp2,136 per kilogram. Ages 21 to 24 years IDR 2,068 per kilogram. Age above 25 years Rp1,970 per kilogram.