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CPO Tender at KPBN Inacom Got Decreased 0,48 Percent on Friday (21/6), Belawan WD



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Got Decreased 0,48 Percent on Friday (21/6), Belawan WD

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.728/kg on Friday (21/6/2024). It meant to get cheaper Rp 62/kg or about 0,48% to Thursday (20/6/2024) tender that was Rp 12.790/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 12.728/kg. CPO in Belawan was Rp 12.728/kg but in withdraw (WD) with the highest bid Rp 12.676/kg. CPO in Sei Tapung was Rp 12.489/kg but in WD with the highest bid Rp 12.355/kg.

Crude palm kernel oil (CPKO) in Lampung was Rp. 15.966/Kg, but in WD with the highest bid Rp. 15.000/Kg.

What InfoSAWIT calculated on 17 - 21 June 2024, CPO average tender at KPBN got escalated about Rp 88,20/kg to be Rp 12.748,00/kg or about 0,7% compared to CPO average tende in the previous week (10 - 14 June 2024) that was Rp. 12.659,80/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange on Friday (21/6/2024) stopped the increasing price in the two previous sessions in a row. It was burdened by the cheaper vegetable oils and decreasing export data.

CPO reference contract price with the code FCPO1 for September 2024 delivery at Derivatives Exchange got cheaper RM 24 per ton or about 0,81%, to be RM 3.927 (US$ 833,23) per metric ton in the midday.

It decreased 0,43% in yesterday trade and lost 0,5% this whole week. The contract could be decreasing in week for the third time in a row.

Still from Reuters, soyoil contract price at Dalian with the code DBYcv1 did decrease 0,53%, CPO contract price with the code DCPcv1 did too 0,29%. Soyoil price at Chicago Board of Trade (BOc2) decreased 0,23%.

Palm oil exports from Malaysia on 1-20 June did decrease between 8,1% and 12,9% from 1 - 20 May 2024, as independent inspection company, AmSpec Agri Malaysia and Intertek Testing Services, reported.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (21/6/2024):

CPO_____

Franco Belawan Rp. 12.728 (WD) with the highest bid Rp. 12.676-EOP

Dumai Rp. 12.728-AGM

Sei Tapung Rp. 12.489 (WD) with the highest bid Rp. 12.355-WNI

 

CPKO_____

Lampung Rp. 15.966 (WD) with the highest bid Rp. 15.000-AMJP

(T2)

 

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