InfoSAWIT, JAKARTA – Crude pam oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in Withdraw (WD) with the highest bid Rp 12.465/kg on Thursday (18/4/2024). It means it increased Rp 5/kg or about 0,04% to Wednesday (17/4/2024) tender that was Rp 12.460/kg.
What InfoSAWIT got from KPBN, CPO Franco in Belawan was Rp 12.475/Kg but in WD with the highest bid Rp 12.415/Kg. CPO Franco in Dumai was Rp 12.475/Kg but in WD with the highest bid Rp 12.465/Kg. CPO Franco in Talang Duku was Rp 12.325/Kg but in WD with the highest bid Rp 12.165/Kg.
CPO price at Malaysia Derivatives Exchange increased on Thursday (18/4/2024) but it hardly hit the lowest level for the past six weeks. It was pressed by the expectation of slow demands after Idul Fitri celebration was over.
As quoted from Reuters, CPO reference contract price with the code FCPOc3 for July 2024 delivery at Malaysia Derivatives Exchange increased RM 9 per ton or about 0,22% to be RM 4.021 (US$ 841,92) per metric ton in the midday.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (18/4/2024):
CPO____
Franco Belawan Rp. 12.475 (WD) with the highest bid Rp. 12.415-BEST
Dumai Rp. 12.475 (WD) with the highest bid Rp. 12.465-KJA
Talang Duku Rp. 12.325 (WD) with the highest bid Rp. 12.165-PII
(T2)