InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 12.290/kg, Wednesday (28/2/2024). It means it got better Rp 90/kg or about 0,74% to Tuesday (27/2/2024) tender that was Rp 12.200/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.290/Kg. In Talang Duku it was Rp. 12.090/Kg but in withdraw (WD) with the highest bid Rp. 12.067/Kg. CPO in East Kalimantan was Rp. 11.890. In West Kalimantan it was Rp. 11.940/Kg.

CPO price at Malaysia Derivatives Exchange kept increasing and prolonged the fourth session increasing price in a row on Wednesday (28/2/2024). It happened for other vegetable oils got increased, and data exports that decreased restricted the increasing price.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for May 2024 delivery at Malaysia Derivatives Exchange increased 0,36% to be RM 3.936 (US$ 827,06) per metric ton in the launch break.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (28/2/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.290-MM, BEST, SJIO

Talang Duku Rp. 12.090 (WD) with the highest bid Rp. 12.067-PII

East Kalimantan Rp. 11.890-EUP

West Kalimantan Rp. 11.940-EUP

(T2)