InfoSAWIT, JAKARTA – Crude palm oil (CPO) price at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.051/kg on Tuesday (6/9/2022), It means, it got better Rp 8/kg compared to Monday (5/9/2022) tender which was Rp 11.043/kg.
From what InfoSAWIT got from KPBN, in Belawan and Dumai it was Rp 11.051/Kg. In Teluk Bayu it was Rp 10.931/Kg but in withdraw (WD) status with the highest bid Rp 10.800/Kg. In Talang Duku there was no information. In West Kalimantan it was Rp 10.851/Kg, but in WD status with the highest bid Rp 10.700/Kg.
CPO trade is concerned by the high production and abundant stocks. But in Malaysia Exchange, the high stock could muffle CPO price which gets cheaper for more than 40% since May 2022 and also the Government of Indonesia published policies to escalate its palm oil exports, including the extension of zero export levy until October 2022.
Here are CPO tender at KPBN (Rp/Kg), excluded income tax on Tuesday (6/9/2022):
Franco Belawan and Dumai Rp 11.051- PHPO, NPO, PAA
T.Bayur Rp 10.931 withdraw (WD) with the highest bid Rp 10.800-WIRA
West Kalimantan Rp 10.851 (WD) with the highest bid Rp 10.700-EUP
Belawan Rp 14.174-UNILEVER (T2)