InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 10.745/kg, Thursday, (12/10/2023). It means it got better Rp 79/kg or increased about 0,73% compared to Tuesday (10/10/2023) tender that was Rp 10.666/kg.

What InfoSAWIT got from KPBN, CPO in Belawan and Dumai was Rp 10.666/Kg. In Talang Duku it was Rp. 10.545/kg.

Crude palm kernel oil (CPKO) in Palembang was Rp. 10.400/kg but in withdraw (WD) with the highest bid Rp. 10.200/kg. CPKO in Lampung was Rp. 10.543/kg, but in WD with the highest bid Rp. 10.300/kg.

CPO trade at Malaysia Derivatives Exchange got increased. As quoted from Reuters, CPO reference price contract with the code FCPOc3 for December 2023 delivery at Malaysia Derivatives Exchange increased RM 35 per ton or about 0,99% to be RM 3,586 (US$ 759,42) per metric ton in the early session.

The Government of Indonesia would launch CPO exchange on Friday (13/10/2023) but it is not the obligation to get trade through the exchange, as quoted from Reuters.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (12/10/2023):

CPO________

Franco Belawan and Dumai Rp. 10.745-MM, IBP

Talang Duku Rp. 10.545-PAA

CPKO______

Palembang Rp. 10.400 (WD) with the highest bid Rp. 10.200-AMJP

Lampung Rp. 10.543 (WD) with the highest bid Rp. 10.300-AMJP

(T2)