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CPO Tender at KPBN Decreased on Monday (13/11)

Doc. InfoSAWIT
CPO Tender at KPBN Decreased on Monday (13/11)

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 11.270/kg on Monday (13/11/2023). It means it got cheaper Rp 10/kg or about 0,09% compared to Friday (10/11/2023) tender that was Rp 11.280/kg.

What InfoSAWIT got from KPBN, CPO franco Belawan and Dumai was Rp 11.270/Kg. In Teluk Bayur it was Rp. 11.140/Kg. In Talang Duku it was Rp 11.070/kg but in withdraw (WD), with the highest bid Rp 11.005/Kg.

Business practitioner and former Intelligent Market in PTPN VII, Boyke Suratin said, if referring to Friday (10/11/2023) closing price at Malaysia Derivatives Exchange, CPO got more expensive because the contract for November, December 2023, and January 2024 would be RM 3673, RM 3737 and RM 3802 per ton, or increases compared to contract price the day before which was RM 3620, RM 3684 and RM 3743 per ton.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (13/11/2023):


Franco Belawan and Dumai Rp. 11.270-MM, IBP

Teluk Bayur Rp. 11.140-WIRA

Talang Duku Rp. 11.070 with the highest bid Rp. 11.005-PHPO