Prabowo calls for 10% raise in FFB price to protect 15 million farmers
09/06/2026 (IDN Financial), Jakarta - President Prabowo Subianto has reportedly instructed that prices for oil palm fresh fruit bunches (FFB) be increased by 10%, in line with rising crude palm oil (CPO) prices in global markets.
“The President is standing up for 15 million farmers. He said FFB prices must return to their previous levels and even increase by 10%,” Agriculture Minister Andi Amran Sulaiman said on Monday (8/6).
As quoted by Antara, he said the directive underlined the importance of protecting the welfare of around 15 million palm oil farmers by restoring FFB prices and encouraging further increases.
He said such a price adjustment was justified given the upward trend in global CPO prices and the strengthening of the US dollar against the rupiah.
Sulaiman said around 70% of FFB prices in various regions have gradually recovered. The government, together with the Food Task Force and the police, will ensure that price normalisation is fully achieved.
He added that the recent decline in FFB prices at the farmer level was an anomaly, as prices should have risen by about 10% in line with global market conditions.
According to Sulaiman, despite a 47% increase in global CPO prices and a rise of more than 10% in the US dollar against the rupiah, FFB prices received by farmers had fallen by around 17%.
“We have the data. Global CPO prices have risen 47%, the dollar has strengthened by more than 10%, yet FFB prices have declined,” he said.
He urged palm oil companies that have not adjusted FFB prices to immediately comply with existing regulations. The government, together with the National Police Food Task Force, will investigate around 270 to 300 companies that have yet to align FFB prices with regional regulations, despite higher global CPO prices and a stronger exchange rate.
Sulaiman stressed that the government would not tolerate practices that harm palm oil farmers, given that around 15 million Indonesians depend on the sector for their livelihoods.
“We must protect farmers. There are 15 million palm oil farmers in Indonesia. If global prices are rising and the exchange rate is strengthening, but prices at the farmer level are falling, that simply does not make sense,” he said. (DK/ZH)