Palm Fruit Prices Back Down Drastically in Riau this Week, here are the Price Lists

News24xx.com - Tengku Neni Mega Ayu the Head of Processing and Marketing of Plantation from Horticulture and Plantation Food Crops Agency (DTPHP) in Riau Province said that the decline occurred in the 10-20 year age group is IDR 15.04 for each kilogram.

"So the price of TBS (Tandan Buah Segar) for the 10-20 year age group is IDR 1,298.60 for each kilogram," he said.

This decline occurred due to the influence of the selling price of CPO and kernel from almost all of their data source companies.

He added, the increase was also caused by the still high CPO stock plus a decline in demand. The fact that only prices from Astra Agro Lestari Group and PT. Citra Riau Sarana which has increased

The following is the price of Riau palm TBS for the period of 24th-30th of July 2019:

3 years old IDR 958,91

4 years old IDR 1,038,32

5 years old IDR 1,134.39

6 years old IDR 1,161,55

7 years old IDR 1,206.72

8 years old IDR 1,239.94

9 years old IDR 1,268.98

Age 10-20 years IDR 1,298.60

21 years old, IDR 1,243.63

22 years old IDR 1,237.41

23 years old IDR 1,232.22

24 years old IDR 1,180.36

25 years old IDR 1,151,84