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BKDI: Postponed CPOTR Contract Trade

BKDI: Postponed CPOTR Contract Trade

InfoSAWIT, JAKARTA – Accordng to a document number 387/SEB/BKDI-ICH/X/2023, issued by PT Bursa Komoditi dan Derivatif Indonesia, crude palm oil (CPO) physic trade was postpone in CPOTR exchange.

The reason written in the document was there was adjustment to CPOTR Exchange Specification to the regulations in CPO physical contract that PT Bursa Komoditi dan Derivatif Indonesia (BKDI) and PT Indonesia Clearing House (ICH) managed and BKDI and ICH decided to postpone CPOTR exchange contract that would be effective as written on the document on Tuesday, 24 October 2023.

It would be available until the revision of adjustment got agreement from Commodity Futures Trading Supervisory Agency.

The document also emphasized that the regulation in the Circulars could be substituted over the time. The copy document that InfoSAWIT got, the postponement was signed by Director of PT BKDI, Nursalam and Director of ICH, Megain Wijaya. (T2)