PALMOILMAGAZINE, JAKARTA – The tender price for crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 13,253/kg on Tuesday (2/4/2024). This represented an increase of Rp 13/kg or approximately 0.1% compared to Monday’s (1/4/2024) tender price of Rp 13,240/kg.
According to information obtained by Palmoilmagazine.com from KPBN, the CPO Franco price in Belawan and Dumai was Rp 13,253/kg. However, the CPO Franco price in Talang Duku stood at Rp 13,103/kg but was withdrawn (WD) with the highest bid at Rp 13,015/kg. Meanwhile, crude palm kernel oil (CPKO) in Dumai was priced at Rp. 15,425/kg.
The CPO price at the Malaysia Derivatives Exchange increased for June 2024 delivery, rising by 0.21% to RM 4,276 (US$ 900.78) per metric ton in the afternoon session following a 0.98% decrease in the previous session.
Also Read:
- CPO Prices at KPBN Inacom Increase 1.77 Percent Period Monday, April 1, 2024
- CPO Price at KPBN Inacom Drops 0.23% on Thursday (28/3), Weekly Price Declines 0.61%
- CPO Prices at KPBN Inacom and Bursa Malaysia Fall on Wednesday (27/3)
- CPO Price at KPBN Inacom Declined on Tuesday (26/3), While the Malaysian Exchange Increased
- CPO Price at KPBN Inacom Rise 0.41% on Monday (25/3), Mirrored in Malaysia Exchange
- CPO Tender at KPBN Inacom Withdrawn on Friday (22/3), Weekly Increase of 1.75%
As reported by Reuters, the soyoil contract price at the Dalian Commodity Exchange rose by 0.57%, while the CPO contract increased by 0.53%. However, there was minimal change in soyoil price at the Chicago Board of Trade..
Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (2/4/2024):
CPO:
- Franco Belawan and Dumai Rp. 13.253-MM, IBP
- Talang Duku Rp. 13.103/kg (WD) with the highest bid Rp. 13.015-PII
PKO: Dumai Rp. 15.425-WNI. (T2)
