InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was in withdraw (WD) with the highest bid Rp 11.800/kg on Tuesday (30/1/2024). It means, it got cheaper Rp 341/kg or about 2,81% to Monday (29/1/2024) tender that was Rp 12.141/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan was Rp 11.901/Kg but in WD with the highest bid Rp. 11.800/Kg.

Crude palm kernel oil (CPKO) in Lampung was Rp 12.156/Kg but in WD with the highest bid Rp. 8.008/Kg.

CPO price at Malaysia Derivatives Exchange got cheaper on Tuesday (30/1/2024). It prolonged the loss because other vegetable oils did too and the increasing Malaysia ringgit.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for April 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 106 per ton or about 2,68% to be RM 3.842 (US$ 813,12) per metric ton in the closing session.

It was the biggest daily decreasing price since 6 October that reached 2,94% during the session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (30/1/2024):

CPO______

Franco Dumai Rp. 11.901 (WD) with the highest bid Rp. 11.800-EUP

CPKO______

Lampung Rp. 12.156 (WD) with the highest bid Rp. 8.008-KLKD

(T2)