Tuesday, October 28, 2008

Riau reports oil palm fruit price drop to VP

10/29/08 06:57

Pekanbaru (ANTARA News) - The Riau provincial government planned to report to Vice President Jusuf Kalla the drop in the price of the oil palm fruits of the oil palm fruit growers in Riau. "We would report the fate of the oil palm growers in the region to the vice president," Riau Governor Wan Abubakar said here Tuesday.

The Governor also said that the reporting to the vice president was his own initiative.However, he said he will pick the right time for the vice president to receive the report, not when he is still too preoccupied.

The Governor said that the Riau Government is expected the vice president to give a solution to the declining oil palm fruit prices in Riau, which may have been caused by a drop in demands from the export market due to the current financial crisis.

Besides reporting to the VP, the Riau Government set up an oil palm price supervisory team. Meanwhile based on the result of the meeting at the Riau Provincial agricultural agency in Pekanbaru, Tuesday, the price of oil palm fruits of 10-year old trees dropped to Rp766.88 per kilogram (kg) from Rp823.33. Meanwhile the price of oil palm fruits from three years trees reached Rp546.74 per kg.

source: antara.com

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