InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.117/kg on Monday (6/11/2023). It means it got cheaper Rp 108/kg or about 0,96% to Friday (3/11/2023) tender that was Rp 11.225/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 11.117/Kg. In Talang Duku it was Rp. 10.917/Kg. In Teluk Bayur it was Rp 10.987/kg, but in withdraw (WD) with the highest bid Rp. 10.853/kg.

CPO in Malaysia Derivatives Exchange decreased for the second day, Monday (6/11/2023). It happened for the increasing Malaysia ringgit and the prediction of increasing stocks in October 2023.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for January 2024 delivery at Malaysia Derivatives Exchange decreased RM 38 per ton or about 1,01% to be RM 3,730 (US$ 799,06) in the early session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (6/11/2023):

CPO________

Franco Belawan and Dumai Rp. 11.117-EOP, EUP

Talang Duku Rp. 10.917-PRISCOLIN

Teluk Bayur Rp. 10.987 with the highest bid Rp. 10.853-WIRA

(T2)