InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 13.060/kg, Friday (15/3/2024). It means, it increased Rp 60/kg or about 0,46% to Thursday (14/3/2024) tender that was Rp 13.000/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 13.060/Kg. In Teluk Bayur it was Rp 12.930/kg.

Crude palm kernel oil (CPKO) in Lampung was Rp 13.889/kg but in withdraw (WD) with the highest bid Rp 10.000/Kg.

What InfoSAWIT calculated on 11 - 15 March 2024, CPO average tender at KPBN increased about Rp 378,80/kg to be Rp 12.955,00/kg or about 3,01% to weekly CPO tender in the previous week (4 - 8 March 2024) that was Rp. 12.576,20/kg.

CPO price at Malaysia Derivatives Exchange got decreased on Friday (15/3/2024) but got increasing price in the fourth week in a row. It might happen for the concern about extreme weather that would have something to do with harvest.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for May 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 9 per ton or about 0,21% to be RM 4.286 (US$ 911,72) in the midday. It increased 4,69% this week.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (15/3/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.060-MM, IBP

Teluk Bayur Rp. 12.930-WNI

CPKO_____

Lampung Rp. 13.889 (WD) with the highest bid Rp. 10.000-AMJP

(T2)