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CPO Tender at KPBN Got Cheaper on Monday (15/1)

Doc. InfoSAWIT
CPO Tender at KPBN Got Cheaper on Monday (15/1)

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was getting cheaper Rp 11.785/kg on Monday (15/1/2024). It means it decreased Rp 15/kg or about 0,13% compared to Thursday (11/1/2024) tender that was Rp 11.800/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 11.785/Kg. In South Kalimantan Rp. 11.385/Kg.se

CPO at Malaysia Derivatives Exchange also decreased on Monday (15/1/2024). It stopped the increasing price in a row that happened for the concern of demands from other countries though palm oil production decreases and other vegetable oil got more expensive at Dalian Exchange.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for March 2024 delivery at Malaysia Derivatives Exchange decreased RM 19 per metric ton or about 0,49 % to be RM 3.837 (US$ 825,52) per metric ton in the midday.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (15/1/2024):


Franco Belawan and Dumai Rp. 11.785-PPI, PII

South Kalimantan Rp. 11.385-NMA