InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 11.978/kg on Friday (3/5/2024) that meant it got cheaper Rp 72/kg or about 0,60% to Thursday (2/4/2024) tender that was Rp 12.050/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan and Dumai was Rp 11.978/Kg. CPO Talang Duku was Rp 11.778/Kg. In Teluk Bayur it was Rp 11.848/Kg.

CPO in Ophir was Rp 11.683/Kg but in withdraw (WD) with the highest bid Rp 11.557/Kg. In Kembayan it was Rp 11.628/Kg but in WD with the highest bid Rp 6.500/Kg. Crude palm kernel oil (CPKO) in Lampung was Rp 15.296/Kg but in WD with the highest bid Rp 7.350/Kg.

What InfoSAWIT calculated on 29 April – 3 May 2024, CPO average tender at KPBN got decreased about Rp 125,15/kg to be Rp 12.078,25/kg, or about 1,03% compared to the previous average tender or on 22 - 26 April 2024 that was Rp. 12.203,40/kg.

CPO price at Malaysia Derivatives Exchange for July 2024 delivery got cheaper RM 20 per ton or about 0,52% to be RM 3.826 (US$ 808,37) per metric ton in the early session. So far, the contract decreased about 1,8% this week.

As quoted from Reuters, soyoil price at Chicago Board of Trade decreased 0,79%. Dalian was still off until 5 May because of International Labors’ Day commemoration.

What five dealers informed to Reuters mentioned that palm oil imports in India – the biggest vegetable oil importer in the world, increased 41% in April from the previous month to the highest level in the past three months because of price discount and urged distillers to escalate their purchase.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (3/5/2024):

CPO_____

Franco Belawan and Dumai Rp. 11.978-MM, ACI, AGM, IBP

Talang Duku Rp. 11.778-PRISCOLIN

Teluk Bayur Rp. 11.848-WIRA

Ophir Rp. 11.683 (WD) with the highest bid Rp. 11.557-WIRA

Kembayan Rp. 11.628 (WD) with the bid Rp. 6.500-DKSD, SDS.

CPKO_____

Lampung Rp. 15.296 (WD) with the highest bid Rp. 7.350-SIP

(T2)