PEKANBARU - A plasma partner palm oil price decision meeting was conducted by the Riau Province Plantation Service and the price determination team from September 25, 2024, to October 1, 2024.

Head of the Riau Plantation Service, Syahrial Abdi, said that the highest price increase was in the 9 year age group, amounting to IDR 36.28/Kg or reaching 1.14% from last week's price.

Head of the Riau Plantation Service, Syahrial Abdi, said that the highest price increase was in the 9 year age group, amounting to IDR 36.28/Kg or reaching 1.14% from last week's price. He continued, the shell price is valid for the next month at a price of IDR 20.20/Kg.

"In this period the K index used is the K index for the next 1 month, namely 92.74%, the sales price of palm oil this week increased by Rp. 102.05 and kernel this week increased by Rp. 322.21 from last week," he said.

According to Ministerial Regulation Number 01 of 2018 Article 8, the price of palm oil and kernel used is the average price of the team; if it is subject to validation 2, the average price of KPBN is used. This means that a number of palm oil mills do not make sales.

The average price of Kharisma Bersama Nusantara crude palm oil for this period is IDR 13,197.50 and the KPBN kernel price for this period is IDR 9,777.00.

"As anyone is aware, the team has raised the price of Fresh Fruit Bunches for its plasma partners. The price rise of crude palm oil and kernels was mostly the reason for this week's pricing hike, he claimed.

Determination of Prices for Fresh Palm Fruit Bunch Riau Provincial Plasma Partnership No. 35 period 25 September - 1 October 2024:

Age 3 Years (Rp. 2,464.76);
Age 4 Years (Rp. 2,801.84);
Age 5 Years (Rp. 2,971.85);
Age 6 Years (Rp. 3,102.46);
Age 7 Years (Rp. 3,168.30);
Age 8 Years (Rp. 3,205.82);
Age 9 Years (Rp. 3,208.52);
Age 10-20 Years (Rp. 3,190.48);
Age 21 (Rp. 3,139.18);
Age 22 (Rp. 3,089.69);
Age 23 (Rp. 3,037.17);
Age 24 (Rp. 2,979.45);
Age 25 (Rp. 2,914.71).
Author: Yuni
Editor: Riki