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CPO Tender at KPBN Inacom Got Increased 0,52 on Wednesday (26/6) and So Did in Malaysia



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Got Increased 0,52 on Wednesday (26/6) and So Did in Malaysia

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.750/kg on Wednesday (26/6/2024), It means to get increased Rp 66/kg or about 0,52% to Tuesday (25/6/2024) tender that was Rp 12.684/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.750/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased on Wednesday (26/6/2024) because CPO production was predicted to be lower in numbers in Malaysia even though the exports got decreased in June. These made the contract nearly hit the lowest level in the past six weeks.

CPO reference contract with the code FCPOc3 for September 2024 delivery at Malaysia Derivatives Exchange got increased RM 6 per ton or abuot 0,16% to be RM 3.865 (US$ 820,77) per metric ton in the early session but it was nearly be the lowest level since on 17 May 2024.

Malaysian Palm Oil Association predicted, on 1-20 June CPO would decrease 6,3% to last year. The exports from Malaysia did too. According to cargo surveyors - Intertek Testing Services and AmSpec Agri Malaysia on Tuesday, the delivery (exports) on 1-25 June could be decreasing between 16,1% and 16,9% compared to May in the same period.

Still from Reuters, soyoil contract price at Dalian with the code DBYcv1 got increased 0,2%, while CPO contract price with the code DCPcv1 did too 0,4%. Soyoil price at Chicago Board of Trade BOcv1 did increase 0,37%.

Here is tender at KPBN (Rp./Kg) excluded income tax on Wednesday (26/6/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.750-MM, IBP

(T2)

 

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