InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 13.305/kg on Thursday (21/3/2024) with the highest bid Rp 13.280/kg but it increased Rp 30/kg or about 0,23% to Wednesday (20/3/2024) tender that was Rp 13.250/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 13.305/Kg but in withdraw (WD) with the highest bid Rp 13.280/Kg. CPO Franco in Kuala Tanjung was Rp 13.305/Kg but in WD with the highest bid Rp 13.275/Kg. CPO In Talang Duku was Rp 13.155/Kg but in WD with the highest bid Rp 13.080/Kg. CPO in Tayan was Rp. 12.955/kg.

CPO in Malaysia Derivatives Exchange was getting cheaper on Thursday (21/3/2024). It stopped the increasing price in the previous period when there was production uncertainty and other vegetable oil price correction.

As quoted from Reuters, CPO reference contract with the code FCPOc3 for June 2024 delivery at Malaysia Derivatives Exchange decreased 0,54% to be RM 4.249 (US$ 901,55) per metric ton after it increased 0,96% in the day before.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (21/3/2024):

CPO_____

Franco KualaTanjung Rp. 13.305 (WD) with the highest bid Rp. 13.275-PPI

Dumai Rp. 13.305 (WD) with the highest bid Rp. 13.280-PII

Talang Duku Rp. 13.155 (WD) with the highest bid Rp. 13.080-PII

Tayan Rp. 12.955-EUP

(T2)