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CPO Tender at KPBN Increased Rp 62/Kg, Tuesday (3/10)

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CPO Tender at KPBN Increased Rp 62/Kg, Tuesday (3/10)

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.873/kg, Tuesday (3/10/2023). It means it got better Rp 62/kg compared to Monday (2/10/2023) tender that was Rp 11.811/kg.

What InfoSAWIT got from KPBN, CPO in Kuala Tanjung, Belawan and Dumai was Rp 10.873/Kg. In Talang Duku it was Rp. 10.673/Kg. In Teluk Bayur it was Rp. 10.743/Kg.

CPO trade at Malaysia Derivatives Exchange in September 2023 increased a little bit. As quoted from Reuters, CPO reference contract with the code FCPOc3 for December 2023 delivery at Malaysia Derivatives Exchange increased 0,81% to be RM 3,733 (US$ 790,39) per metric ton di the early trade.

It decreased 6,06% in September 2023 compared to the previous month after it increased for two months in a row.

Business practitioner and former intelligent market at PTPN 7, Boyke Suratin said that at closing price at Malaysia Derivatives Exchange on Monday (2/10), CPO got cheaper – for October, November, and December 2023 contract prices that would be RM 3645, RM 3673 and RM 3704 or decrease RM 3689, RM 3732 and RM 3767 from on Friday last week.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (3/10/2023):


Franco Kuala Tanjung, Belawan and Dumai Rp. 10.873-MM, IBP

Talang Duku Rp. 10.673-WNI

Teluk Bayur Rp. 10.743-WIRA (T2)