Oil Palm Industry Economic Journal Vol. 1 September 2001 p. 17-20

MPOB Daily FFB Reference Price:Towards a More Transparent Market

Jamil Nordin, D. Chandramohan, Yusof Basiron and R.Venugopal
Received:    Accepted:    Available Online:


The objective of this paper is to give a detailed explanation regarding the dissemination of the MPOB Daily Fresh Fruit Bunches (FFB) Reference Price. The paper will highlight the price formula used and the computation of the Reference Price according to the various regions. The Reference Price is meant as a guide to assist the smallholders in determining their FFB price in relation to crude palm oil (CPO) and palm kernel (PK) prices. The single reference price will create a transparent market in FFB trading, which will help towards ensuring a more harmonious relationship amongst smallholders, FFB traders and millers.

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