InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 13.250/kg on Wednesday (20/3/2024), it means it increased Rp 150/kg or about 1.15% to Tuesday (19/3/2024) tender that was Rp 13.100/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 13.250/Kg. Crude palm kernel oil (CPKO) in wilayah Palembang was Rp. 14.068/Kg.

CPO price at Malaysia Derivatives Exchange increased on Wednesday (20/3/2024) because of the better export expectation and decreasing production in March.

As quoted from Reuters, CPO reference contract price with the code FCPOc3 for June 2024 delivery at Malaysia Derivatives Exchange increased RM 66 per ton or about 1,57% to be RM 4.267 (US$ 900,78) per metric ton in the midday.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (20/3/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.250-PHPO, SJIO

CPKO_____

Palembang Rp. 14.068-IKIN

(T2)