InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 12.070/kg on Friday (23/2/2024). It means it got cheaper Rp 65/kg or about 0,54% to Thursday (22/2/2024) tender that was Rp 12.135/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.070/Kg. In Talang Duku it was Rp. 11.870/Kg but in withdraw WD with the highest bid Rp. 11.935/Kg. CPO in East Kalimantan was Rp. 11.670/Kg but in WD with the highest bid Rp. 10.000/Kg. CPO in West Kalimantan was Rp. 11.720/Kg but WD with the highest bid Rp. 11.630/Kg.

What InfoSAWIT calculated, on 19-23 February 2024, CPO average price at KPBN increased about Rp 230,75/kg to be Rp 12.096,00/kg or increased about 1,94% to CPO average price in the previous week (12-16 February 2023) that was Rp. 11.865,25/kg.

CPO at Malaysia Derivatives Exchange got decreased on Friday, (23/2/2024) in a row because other vegetable oils at Dalian Commodity Exchange did too. But the weekly price increased.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for May 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 17 per ton or about 0,44% to be RM 3.822 (US$ 800,59) per metric ton in the launch break. It increased 0,34% this week.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (23/2/2024):

CPO______

Franco K.Tanjung, Belawan and Dumai Rp. 12.070-BEST, MM, PPI, PII

Talang Duku Rp. 11.870-PII

Kaltim Rp. 11. 670 (WD) with the bid Rp. 10.000-EUP

Kalbar Rp. 11.720 (WD) with the highest bid Rp. 11.630-DKSD

(T2)