InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.215/kg on Wednesday (18/10/2023). It means it got better Rp 100/kg or about 0,89% compared to Tuesday (17/10/2023) tender that was Rp 11.115/kg.

What InfoSAWIT got from KPBN, CPO Franco Kuala Tanjung and Dumai was Rp 11.215/Kg.

Crude palm kernel oil (CPKO) in Dumai was Rp. 11.002/Kg, in Palembang it was Rp. 10.638/Kg.

CPO trade in Malaysia Derivative Exchange increased because of the increasing exports, increasing demands from China, and expensive soyoil at Chicago Board of Trade.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for January 2024 delivery at Malaysia Derivatives Exchange increased 1,03% to be RM 3,823 (US$ 806,88) per metric ton in midday trade.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday, (18/10/2023):

CPO______

Franco Kuala Tanjung and Dumai Rp. 11.215-SMART, MNA, IBP, WNI, IVT

CPKO_______

Dumai Rp. 11.002-IBP

Palembang Rp. 10.638-ECOGREEN

(T2)