Note, Riau Palm Oil Prices from 20-26 April 2022 are down, here’s the list

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1NEWS – The price of crude palm oil (CPO) in Riau Province for the period 20-26 April 2022 has decreased.

The head of the Riau plantation office, Zulfadli, said that the decline occurred in every age group of oil palm.

The biggest decline occurred in the 10-20 year age group reaching Rp 83.79 per kilogram (kg) or reaching 2.14 percent from last week.

READ ALSO: CPO Prices Rise High, Palm Oil Boss Can Cuan A lot

“That way, the purchase price of FFB (fresh fruit bunches) for farmers for the next one week period will drop to Rp 3,830.68 per kg,” he said, quoted on Wednesday (20/4).

Zulfadli admitted that the decline in FFB prices was influenced by a number of things, including external and internal ones.

READ ALSO: Oil Palm Bosses Will Be Happy, CPO Prices Are Rising High Again

On internal factors, the decline in FFB prices was due to the price drop for kernels despite the increase in global CPO.

“Because no company sells kernels, the average kernel data is taken from the KPBN at a price of Rp 10,394,” he said.

READ ALSO: Palm Oil Boss Don’t Be Sad, CPO Prices Are Now Collapse

Meanwhile, the price of palm oil from a number of companies that are the source of the data has been monitored to increase.

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