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Mitra Swadaya Palm Oil Fresh Fruit Bunches in Riau Reach IDR 3,620 per Kg Kamis, 27/02/2025 | 07:55 | |||||||||
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Mitra Swadaya palm oil fresh fruit bunches in Riau reach IDR 3,620 per Kg (photo/int) PEKANBARU – Riau Province Plantation Service (Disbun) has set the price of independent partnership oil palm fresh fruit bunches in Riau for the period of February 26 to March 4, 2025. Dr Defris Hatmaja, Head of the Plantation Service's Processing and Marketing Division, reported that the 9-year-old age group had the greatest price rise, up Rp56.06/Kg or 1.57% over the previous week's pricing. "So the purchase price of farmers' fresh fruit bunches for the next one week period will increase to IDR 3,620.96/Kg with a shell price of IDR 31.25/Kg,” he said, Wednesday (26/2/2028). In this period, the K index used is the K index for the next 1 month, namely 92.67%, the selling price of Crude Palm Oil (CPO) this week increased by IDR 195.02/kg from last week and the selling price of kernel this week increased by IDR 345.11/kg from last week. There are several palm oil factories that do not make sales. Based on Minister of Agriculture Regulation No. 01 of 2018 article 8, the CPO and kernel prices used are the team's average price. If the CPO or kernel price is subject to validation 2, the KPBN average price is used. "The average price of KPBN CPO is IDR 15,118.00/Kg and the price of KPBN Kernel is IDR 11,400.00/Kg,” he said. This week's price rise was mostly due to higher CPO and kernel costs. Improving priceg overnance requires a concerted effort by all stakeholders, backed by the Riau Provincial Government and the Riau High Prosecutor's Office. “This joint commitment will ultimately have an impact on increasing farmers' income which will lead to community welfare,” he concluded. Determination of prices for fresh fruit bunches of Riau Provincial Self-Help Partnership No. 7 Period 26 February – 4 March 2025: Age 3 years (Rp 2,797.95); Age 4 years (Rp 3,124.50); |
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