InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.660/kg on Friday (8/3/2024). It means it got better Rp 65/kg or about 0,52% to Thursday (7/3/2024) tender that was Rp 12.595/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.660/Kg. CPO in Palembang was Rp. 12.510/Kg. 

Crude palm kernel oil (CPKO) in Lampung was Rp 13.682/kg, but in withdraw (WD) with the highest bid Rp 10.000/Kg. CPKO in Dumai was Rp 13.903/kg but in WD with the highest bid Rp 13.360/Kg.

What InfoSAWIT calculated on 4-8 March 2024, CPO average at KPBN got escalated Rp 288,20/kg to be Rp 12.576,20/kg or incrased 2,35% to CPO average price last week (26 February - 1 March 2024) that was Rp. 12.288,00/kg.

CPO price at Malaysia Derivatives Exhange incrased on Friday (8/3/2024) and headed to weekly increasing price when crude oil got more expensive even though the increasing Malaysia ringgit held on more increasing price. 

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for May 2024 delivery at Malaysia Derivatives Exchange got more expensive RM 13 per ton or about 0,32%, to be RM 4.084 per metric ton in the midday.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (8/3/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.660-PHPO, PAA, WNI

Palembang Rp. 12.510-MM

CPKO_____

Lampung Rp. 13.682 (WD) with the highest bid Rp. 10.000-AMJP

Dumai Rp. 13.903 (WD) with the highest bid Rp. 13.360-IBP

(T2)