ICOSTA 2019 Conference

ANALYSIS OF THE PRICE OF CRUDE PALM OIL (CPO) IN PT. PERKEBUNAN NUSANTARA III (Case: Palm Oil Factory Sei Silau, Asahan Regency)
Satia Negara(a*), Charunia Fadhilah L.T, Elmanani Simamora

a) Agribusiness Study Program, Faculty of Agriculture, The North Sumatra University, Indonesia.
*satia_waspada[at]yahoo.com
b) Undergraduate of Agribusiness Study Program, Faculty of Agriculture, The North Sumatra University, Indonesia.
c) Departement of Mathematics of Faculty of Mathematics and Sciences of State University of Medan, Indonesia


Abstract

Crude Palm Oil (CPO) is one of the agricultural commodities which is a mainstay in country foreign exchange reception managed by national private plantation, private plantation and publics plantation. The objective of the research was to analyze the CPO cost price and to analyze how much profit from CPO production at Sei Silau palm oil mill. Data used in this study are primary and secondary data. The research method used in this research is the method of cost and profit. The results showed that the CPO cost at PT. Perkebunan Nusantara III of the Sei Silau Palm Oil Mill was high, this was due to the high cost of purchasing FFB (Fresh Fruit Bunches) at Plantation of the Se induk. And PT. Perkebunan Nusantara III the Sei Silau Palm Oil unit in December 2018 got the benefit, because the CPO cost was lower than the selling price of CPO

Keywords: Crude Palm Oil (CPO), Cost Price, Profit

Topic: Fundamental and Applied Sciences

Link: https://ifory.id/abstract-plain/XPnk6wGfCNEx

Web Format | Corresponding Author (Satia Negara Lubis)