PEKANBARU - The price of Fresh Fruit Bunches (TBS) of Palm oil is still fluctuating. In fact, this week the price of TBS oil palm shows a trend of decline.
It is known from the results of the determination of the purchase price of the team meeting of TBS palm oil province of Riau, which was held in the building of Department of Plantation of Riau Province on Tuesday (18/4/2017). In highest pricing of TBS Rp. 1.764.04/kg.
It is hoped in the future price of TBS oil palm can be improved. So you can help the economy of oil palm farmers.
Chairman of the Managing Team of the Pricing of Fresh Fruit Bunches (TBS) of oil palm Ir. Rina Rosalina says it is due to several factors. Such internal factors, due to the drop in prices caused by the decline in TBS selling price of CPO and Kernel from across the company, as for the price of CPO.
In addition, it is also affected by the increase in the production of soy with a rich stock price where soybeans become increasingly cheap. These conditions make market participants tend to prefer CPO soybean oil rather and CPO demand decline.
In detail, the price of FFB age 9 years old Rp. 1.716.11/kg, 8 years Rp. 1.662.82/kg, 7 years Rp. 1.612.56/kg, 6 years Rp. 1.553. 23/kg, 5 years Rp. 1.509.01/kg, TBS oil palm 4 years Rp. 1.410.12/kg. TBS oil palm 3 years Rp. 1.262,59 per kg.(MC Riau/mz)
