InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 12.000/kg on Thursday (18/1/2024). It means to increase Rp 100/kg or about 0,84% compared to Wednesday (17/1/2024) tender that was Rp 11.900/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan was Rp 12.000/Kg. In Dumai it was Rp. 12.000/Kg but in withdraw (WD) with the highest bid Rp. 11.950/Kg.

Crude palm kernel oil (CPKO) in Lampung was Rp 11.818/kg but in WD with the highest bid Rp 11.400/kg.

CPO price at Malaysia Derivatives Exchange increased on Thursday (18/1/2024), it happened for the increasing demands namely from China and crude oil that got more expensive but India limited the increasing price.

As quoted from Reuters, CPO reference price with the code FCPOc3 for April 2024 delivery at Malaysia Derivatives Exchange increased RM 51 per ton or about 1,34%, to be RM 3.866 (US$ 820,11) per ton in the midday.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (18/1/2024):

CPO______

Franco Belawan Rp. 12.000-ACI

Dumai Rp. 12.000 (WD) with the highest bid Rp. 11.950-EUP

CPKO_______

Lampung Rp. 11.818 (WD) with the highest bid Rp. 11.400-AMJP  (T2)