Palm Oil Prices Drop Again in Riau, Here are the Latest Figures
`This decline is not expected to last. As the market balances, it turns out that increasing crude oil prices have also contributed to pressing CPO price to reach its lowest position in the last four months,` said the Secretary for Determining Oil Palm Fresh Fruit Bunch Prices at Riau Plantation Agency, Rusdi, Tuesday (19/7/2016) in Pekanbaru. Here is the determinant for Oil Palm Fresh Fruit Bunch Prices in Riau Province, Number 28, period of July 20 to 26 2016: Age 3 years IDR1,212.93, Age 4 years IDR1,353.16, Age 5 years IDR1,447.44, Age 6 years IDR1,491.19, Age 7 years IDR1,547.76, Age 8 years IDR1,596.10, Age 9 years IDR1,648.08, Age 10 years up to 20 years IDR1,693.40, Age 21 years IDR1,654.12, Age 22 years IDR1,614.21, Age 23 years IDR1,574.94, Age 24 years IDR1,559.10, Age 25 years IDR1,495.76 "Index K 91.06 percent, CPO price IDR6,956.64. Kernel price IDR6,632.63. The price has decreased by IDR 71.97 per kilogram for age 10-20 years,` he ended. Editor: Rio Kasairy
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