Palm Oil Has Not Yet Had a Significant Impact on Riau Farmers

Agroindustry

Lite

Fitria Nurhayati 23/02/2021 14:21 WIB

URL has been copied

Memuat...

The existence of palm oil fund management bodies has not yet had a significant impact on improving the welfare of palm oil farmers, particularly in Riau Province.

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Palm Oil Has Not Yet Had a Significant Impact on Riau Farmers

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Riau Province TBS Price (IDR/kg)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Palm Oil Fund managed by the Indonesian Palm Oil Plantation Fund Management Agency (BPDPKS) has been implemented since 2015. One of BPDPKS's functions is to improve the welfare of palm oil farmers. However, in reality, the existence of this palm oil fund management agency has not had a significant impact on improving the welfare of palm oil farmers, especially in Riau Province. This is evident from the continuing fluctuation in Fresh Fruit Bunch (FFB) prices, which tend to decline as set by the government.

Based on the reference FFB price from the Riau Provincial Government, in 2014, or just before the implementation of the palm oil fund, the FFB price reached Rp 1,826 per kilogram. However, in 2015, when the palm oil fund was first implemented, the FFB price fell to Rp 1,319. The FFB price saw a slight increase in 2016 to Rp 1,756 and rose again in 2017 to Rp 1,946. However, in the following year, 2018, the FFB price fell again to Rp 1,640, and fell again in 2019 to Rp 1,515 per kg.

Editor : Jeany Hartriani

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."