InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.188/kg on Monday (27/5/2024) which meant it got increased Rp 16/kg or about 0,13% to Wednesday (22/5/2024) tender that was Rp 12.172/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.188/Kg. in Teluk Bayur it was Rp. 12.058/kg. In Talang Duku it was Rp. 11.988/kg.

CPO price at Malaysia Derivatives Exchange got more expensive because the increasing export prediction and crude oil that got more expensive and balanced the decreasing other vegetable oil price in the markets.

As quoted from Reuters, CPO reference price in Malaysia wiped out the previous profits because of the increasing production. CPO reference contract price for August 2024 delivery increased RM 12 per ton or about 0,31% to be RM 3.897 (US$ 828,44) per metric ton in the previous trade.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (27/5/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.188-MM, IBP, AGM.

Teluk Bayur Rp. 12.058-WIRA

Talang Duku Rp. 11.988-PII

(T2)