Jurnal Agribisnis
Vol. 15 No. 2 (2026): Jurnal Agribisnis Volume 15 Nomor 2

Compiling a Lowe-Based Plasma FFB Price Index and Assessing Weight Structure Sensitivity

Nyayu Azzahra Nabila (IPB University)
Faridl Gifari Kertabudi (Indonesia Palm Oil Strategic Studies)
Meiliana Auranda Br Siregar (Indonesia Palm Oil Strategic Studies)
Sylvia Nurulita (Indonesia Palm Oil Strategic Studies)
Dimas Haryo Pamungkas (Indonesia Palm Oil Strategic Studies)



Article Info

Publish Date
02 Nov 2026

Abstract

Officially determined fresh fruit bunch (FFB) prices for plasma smallholders vary across provinces, motivating interprovincial monitoring. This study compiled a Lowe price index for 22 provinces during May 2025–September 2026 and assessed its sensitivity to five alternative weighting scenarios. Monthly provincial prices were arithmetic averages of available daily observations. May 2025 was the price reference period (index = 100), and 2024 crude palm oil (CPO) production from smallholder plantations served as a quantity proxy because plasma FFB production data were unavailable in the dataset. Mean Absolute Percentage Deviation (MAPD) measured differences in index values; Total Variation Distance (TVD) measured differences in provincial weight distributions. The index reached a low of 94.99 in June 2025, a high of 114.19 in April 2026, and 114.16 in September 2026, representing a 14.16% increase from May 2025. MAPD ranged from 0.0039% to 0.0846%, while TVD ranged from 0.46% to 4.99%. The study contributes an interprovincial indicator of officially determined plasma FFB price changes and evidence of limited sensitivity to the weighting scenarios examined. However, CPO-based weights may not represent the plasma FFB production structure, and the index does not measure actual transaction prices or smallholder income.

Copyrights © 2026






Journal Info

Abbrev

agribisnis

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Agribisnis fokus mempublikasikan artikel artikel dalam bidang ilmu sosial ekonomi pertanian yang meliputi agribisnis mulai dari pengadaan sarana produksi, usahatani, agroindustri, pemasaran dan sarana penunjang termasuk sektor kelembagaan Agribisnis, serta penyuluhan pertanian, perencanaan ...