InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.280/kg on Friday (10/11/2023). It means it got increased Rp 86/kg or about 0,77% to Thursday (9/11/2023) tender that was Rp 11.194/kg.
What InfoSAWIT got from KPBN, CPO franco Belawan and Dumai was Rp 11.280/Kg. In Talang Bayur it was Rp. 11.150/Kg. In Talang Duku it was Rp 11.080/kg but in withdraw (WD) with the highest bid Rp 10.983/Kg.
CPO price in Malaysia Derivatives Exchange increased. As quoted from Reuters, CPO contract at Malaysia Derivatives Exchange increased on Friday (10/11/2023). It happened for the increasing demands from China while the investors still waited for data of demands and supply from Malaysian Palm Oil Board in the first ten days in November 2023.
As quoted from Reuters, CPO contract price with the code FCPOc3 for January 2024 delivery at Malaysia Derivatives Exchange increased RM 30 or about 0,8% to be RM 3,772 (US$ 799,49) per metric tons in the morning session. It decreased 0,4% this week.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (10/11/2023):
Franco Belawan and Dumai Rp. 11.280-MM, IBP
Teluk Bayur Rp. 11.150-WIRA
Talang Duku Rp. 11.080 with the highest bid Rp. 10.983-PHPO