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CPO Tender at KPBN Increased 0,81 Percent on Thursday (29/2) and Malaysia Did Too



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Increased 0,81 Percent on Thursday (29/2) and Malaysia Did Too

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) was Rp 12.390/kg on Thursday (29/2/2024). It means it got increased Rp 100/kg or about 0,81% to Wednesday (28/2/2024) tender that was Rp 12.290/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.390/Kg. In Talang Duku it was Rp. 12.190/Kg. Crude palm kernel oil (CPKO) in Lampung was Rp 12.835/Kg but in withdraw (WD) with the highest bid Rp 10.000/Kg.

CPO price at Malaysia Derivatives Exchange increased on Thursday, (29/2/2024) as same as the expensive vegetable oils while the markets still waited for the lead from industrial conference that would be conducted in Kuala Lumpur next week.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for May 2024 delivery at Malaysia Derivatives Exchange increased RM 62 per ton or about 1,59% to be RM 3.969 (US$ 836,99) per metric ton in the closing session.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (29/2/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.390-MM, IBP

Talang Duku Rp. 12.190-PHPO

CPKO_____

Lampung Rp. 12.835 (WD) with the highest bid Rp. 10.000-AMJP

(T2)

 

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