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Oil prices Climb in Riau
Soweto, Jia Xiang-the price of fresh fruit bunches (FFB) Palm oil in Riau period 26 February to 4 March 2014 aged ten years and over was recorded at Rp 2,055 0.66/100 ml per kg or Rp35,98 of the price a week earlier which was recorded at Rp,59 2.019 per kg
."The rising prices of oil palm FFB Riau were triggered by a decline in oil production in recent months while demand is increasing," said the head of The Plantation in Riau Province, Zulher in Pekanbaru, Wednesday (27/2/14).
He says that a number of related companies that have entered data i.e. PTPN XIV V, PT, PT Mas Season Asian Agri, PT Tasmapuja and PT Astra Agro Lestari and PT Citra Sarana Riau.
According to him, as reported by Antara, decline in the production of palm oil will be experienced by nearly all of the company's plantations as well as community gardens which are expected to happen the next few months so that boost the received berries absorption by Plant Oil Palm (MCC) increased while increasing the selling price of
.He estimated the price of oil palm FFB Riau will continue to rise in the next few months yet to cope with the decline in production of TBS CPO cannot be resolved soon because it's already become a cycle of oil palm crops.
"plant palm oil production went down and there was no production rises according to the season,"
said.He looked that technically farmers can boost production, among others, by improving the quality of the management of the garden such as keep fertilizing and harvesting in accordance with the recommendations.
price Team price noted that TBS to age three years was recorded at Rp 1.471 .32 per kg, age four years $ 1.643 .12 per kg, age five years Usd 1,789 .30 per kg, age six years for Rp 1.809,93 per kg, age seven years amounting to Rp,04 per kg, 1,879 aged eight years amounting to Rp 52,55,61 per kg, 1,937 aged nine years at Rp 1,999,77 per kg, and for 10 years and over 2,055 0.66/100 ml per kg to Rp.
Whereas for palm kernel oil (PKO) is amounting to Rp 52,55,61 per kg and 6260 CPO at IDR,90 9.141 per kg, with the index K of 88,65 percent. [W5]
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