InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.017/kg on Thursday (25/4/2024). This meant to get cheaper Rp 38/kg or about 2,5% to Wednesday (24/4/2024) tender that was Rp 12.325/kg.
What InfoSAWIT got from KPBN, CPO Franco in Belawan was Rp 12.017/Kg. In Talang Duku it was Rp 11.817/Kg. CPO in Teluk Bayur was Rp 11.887/Kg. CPO in Kembayan was Rp 11.667/Kg but in withdraw (WD) with the highest bid Rp 6.500/Kg.
Crude palm kernel oil (CPKO) in Lampung was Rp 15.457/Kg but in WD with the highest bid Rp 10.002/Kg.
CPO price at Malaysia Derivatives Exchange did too, and prolonged the decreasing price for two sessions in a row on Thursday (25/4/2025). It happened for the cheaper other vegetable oils and increasing production in palm oil producer countries in the world.
As quoted from Reuters, CPO reference contract price with the code FCPOc3 for July 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 92 per ton or about 2,33% to be RM 3.850 (US$ 805,27) per metric ton in the launch break.
Soyoil price at Dalian with the code DBYcv1 did decrease 1,2%; CPO contract price with the code DCPcv1 did too 2,45%. Soyoil price at Chicago Board of Trade with the code BOcv1 also decreased 0,42%.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (25/4/2024):
CPO_____
Franco Belawan and Dumai Rp. 12.017-BEST, WNI
Talang Duku Rp. 11.817-WNI
Teluk Bayur Rp. 11.887-WNI
Kembayan Rp. 11.667 (WD) with the bid Rp.6.500-SDS, BTI
CPKO_____
Lampung Rp. 15.457 (WD) with the highest bid Rp. 10.002-KLKD
(T2)