InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.776/kg on Tuesday (16/4/2024), it means, it got cheaper Rp 529/kg or about 3,98% to Friday (5/4/2024) tender that was Rp 13.305/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan and Dumai was Rp 12.776 /Kg. CPO Franco in Talang Duku was Rp 12.626/Kg but in withdraw (WD) with the highest bid Rp 12.500/Kg. Crude palm kernel oil (CPKO) in Dumai was Rp 16.305/Kg. CPKO in Lampung was Rp 16.084 /Kg but in WD with the highest bid Rp 7.500/Kg.

CPO price at Malaysia Derivatives Exchange was decreasing for July 2024 delivery at RM 17 per ton or about 0,41% to be RM 4.124 (US$ 860,96) in the afternoon. It was the cheapest since 12 March 2024

As quoted from Reuters, palm oil stock in Malaysia by the late of March decreased 10,68% from the previous month to be 1,71 million metric tons, the lowest in the past ten months because of the increasing exports that covered the production, as Malaysian Palm Oil Board mentioned.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Tuesday (16/4/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.776-MM, IBP

Talang Duku Rp. 12.626 (WD) with the highest bid Rp. 12.500-PRISCOLIN

CPKO_____

Dumai Rp. 16.305-BP

Lampung Rp. 16.084 (WD) with the highest bid Rp. 7.500-SIP

(T2)