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CPO Tender at KPBN Escalated 0,34 Percent, Wednesday (17/1), CPO Price at Malaysia Exchange Got Cheaper



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CPO Tender at KPBN Escalated 0,34 Percent, Wednesday (17/1), CPO Price at Malaysia Exchange Got Cheaper

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) escalated Rp 11.900/kg on Wednesday (17/1/2024). It means it got better Rp 40/kg or about 0,34% compared to Tuesday (16/1/2024) tender that was Rp 11.860/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 11.900/Kg. In Lampung it was Rp. 11.775/Kg.

Crude palm kernel oil (CPKO) was Rp 11.827/kg but in withdraw (WD) with the highest bid Rp 11.500/kg.

CPO price at Malaysia Derivatives Exchange decreased on Wednesday (17/1/2024), because other vegetable oils got cheaper at Dalian and Chicago Board of Trade.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for April 2024 delivery at Malaysia Derivatives Exchange decreased RM 44 per ton or about 1,47 % to be RM 3.818 (US$ 809,76) per ton in the closing session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (17/1/2024):

CPO_______

Franco Dumai Rp. 11.900-EUP

Lampung Rp. 11.775-AMJP

 

CPKO_______

Lampung Rp. 11.827 (WD) with the highest bid Rp. 11.500-AMJP (T2)


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