InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp 12.856/kg,on Friday (28/6/2024). It meant to get increased Rp 138/kg or about 0,77% compared to Thursday (27/6/2024) tender that was Rp 12.718/kg.
What InfoSAWIT got from KPBN, CPO Franco Kuala Tanjung and Dumai was Rp 12.856/kg. Crude palm kernel oil (CPKO) in Lampung was Rp 16.731/kg but in withdraw (WD) with the highest bid Rp. 14.000/kg.
What InfoSAWIT calculated on 17 - 21 June 2024, CPO average tender got increased Rp 13,00/kg to be Rp 12.761,00/kg or about 0,10% to CPO average tender in the previous week (17 - 21 June 2024) that reached Rp. 12.748,00/kg.
As quoted from Reuters, CPO reference contract price at Malaysia Derivatives Exchange got escalated for the third day on Friday (28/6/2024). It might happen to stop the decreasing price for the past three weeks. It also happened for the concern about the decreasing production and the increasing other vegetable oils price.
CPO reference contract price for September delivery at Malaysia Derivatives Exchange got escalated RM 36 per ton or about 0,93% to be RM 3.926 (US$ 832,49) per metric ton in the early session.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (28/6/2024):
CPO____
Franco Kuala Tanjung and Dumai Rp. 12.856-MM, IBP
CPKO____
Lampung Rp. 16.731 (WD) with the highest bid Rp. 14.000-AMJP
(T2)