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CPO Tender at KPBN Inacom Got escalated 1,18 Percent on Wednesday (29/5) and So Did in Malaysia



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Got escalated 1,18 Percent on Wednesday (29/5) and So Did in Malaysia

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.535/kg on Wednesday (29/5/2024) which meant it got escalated Rp 146/kg or about 1,18% to Tuesday (28/5/2024) tender that was Rp 12.389/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan and Dumai was Rp 12.535/Kg. CPO in East Kalimantan was Rp. 12.135/kg, but in withdraw (WD) with the highest bid Rp. 11.850/Kg. In Kembayan it was Rp. 12.085/kg, but in WD with the highest bid Rp. 11.850/Kg. In Perindu was Rp. 12.185/kg, but in WD with the highest bid Rp. 11.850/Kg

As quoted from Reuters, CPO contract price with the code FCPOc3 could be escalating at RM 4.002 per ton to RM 4.025 per metric ton because it hit the resistant price at RM 3.949 per ton.

Still from Reuters, contract price at phase (c) could be at RM 4.002 per ton. Analysis of retracement said, there could be decreasing trend from RM 4.443 per ton and showed the higher target at di RM 4.025 per ton.

While soyoil contact at Chicago Board of Trade (CBOT) with the code SN24 drastically got decreased on Tuesday (28/5/2024), that could have something to do with CPO price.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (29/5/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.535-PHPO, PAA

East Kalimantan Rp. 12.135 (WD) with the highest bid Rp. 11.850-EUP

Kembayan Rp. 12.085 (WD) with the highest bid Rp. 11.850-EUP

Parindu Rp. 12.185 (WD) with the highest bid Rp. 11.850-EUP

(T2)


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