InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.205/kg on Thursday (1/11/2023). It means, it got better Rp 155/kg or about 1,38% to Wednesday (1/11/2023) tender that was Rp 11.050/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 11.205/Kg. In Talang Duku it was Rp. 11.005/Kg but in withdraw (WD) with the highest bid Rp 10.980/Kg.

Crude palm kernel oil (CPKO) in Palembang was Rp. 10.618/Kg but in WD with the highest bid Rp. 10.010/kg. In Lampung it was Rp. 10.761/Kg but in WD with the highest bid Rp. 10.000/kg

CPO price at Malaysia Exchange also increased. CPO contract price at Malaysia Derivatives Exchange increased for the second session in a row on Thursday (2/11/2023). It happened for the increasing export data and and more expensive crude oil though Malaysia ringgit increased that limited the increasing price.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for January 2024 delivery at Malaysia Derivatives Exchange increased RM 10 per ton or a about 0,2% to be RM 3,697 (US$ 778,64) per metric ton in the morning session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (2/11/2023):

CPO_______

Franco Belawan and Dumai Rp. 11.205-EOP, WNI

Talang Duku Rp. 11.005 (WD) with the highest bid Rp. 10.980-PRISCOLIN

CPKO______

Palembang Rp. 10.618 (WD) with the highest bid Rp. 10.010- IKIN

Lampung Rp. 10.761 (WD) with the highest bid Rp. 10.000- AMJP

(T2)