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CPO Tender at KPBN Inacom Got cheaper, Monday (20/5) to be Stagnant



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Got cheaper, Monday (20/5) to be Stagnant

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.188/kg, Monday (20/5/2024) which meant, it got cheaper Rp 2/kg or about 0,02% to Friday (17/5/2024) tender that was Rp 12.190/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.188/Kg. In Talang Duku it was Rp. 11.988/kg.

CPO price at Malaysia Derivatives Exchnage with the code FCPOc3 got escalate and might test the resistance at level RM 3.942 per metric ton, if it would be more than the numbers, it would escalate to be at RM 3.969 per ton.

As quoted from Reuters, it was confirmed as the reverse pattern, showed to turn over the decreasing price from the most expensive price since on 3 April at RM 4.443 ringgit and the target would be at RM 3,942 per ton.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (20/5/2024):

CPO______

Franco Belawan and Dumai Rp. 12.188-MM, AGM

Talang Duku Rp. 11.988-PRISCOLIN

(T2)

 

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