Hyderabad: In view of New FFB (Fresh Fruits Bunches) pricing formula on the basis OER (Oil Extraction Ratio) 18.43% and Palm nuts 10%, the FFB price will increase to the farmers by Rs. 350 to Rs.500 per MT of FFB as compared previous year FFB prices.
This new pricing formula policy will increase confidence among the oil palm farmers and encourage the new farmers for further Oil palm Area Expansion in the state.
The Two Oil palm processing plants of TS Oil fed have given good %OER results in this year, this will effect, increasing the oil year %OER and increase FFB price to the farmers throughout the year 2017-18, which helps the Area expansion in Kothagudem & Khammam districts.
This new FFB pricing formula has enhanced FFB price by Rs. 850 to 950 per MT more than Andhra Pradesh State farmers.