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CPO Tender at KPBN Inacom Got Cheaper on Friday (5/7), Weekly Tender Got Increased



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Got Cheaper on Friday (5/7), Weekly Tender Got Increased

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 13.138/kg on Friday (5/7/2024). It meant to get cheaper Rp 87/kg or about 0,66% to Thursday (4/7/2024) tender that was Rp 13.225/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 13.200/kg but in WD with the highest bid Rp. 13.138/Kg. Crude palm kernel oil (CPKO) in Lampung was Rp. 17.292/Kg, but in WD with the highest bid Rp. 7.250/Kg.

What InfoSAWIT calculated on 1 - 5 July 2024, CPO average tender at KPBN got increased about Rp 382,60/kg to be Rp 13.143,60/kg or about 3% compared to the previous period (24 - 28 June 2024) that was Rp. 12.761,00/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got decreased as other vegetable oils did too at Dalian Exchange on Friday (5/7/2024). But the weekly price got increase and became the second weekly increasing price in a row when many concerned about the decreasing production.

CPO reference contract price for September 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 7 per ton or about 0,17% to be RM 4.060 (US$ 862,73) per metric ton in the early session. The contract price got escalated about 3,58% in the past week.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (5/7/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.200 (WD) with the highest bid Rp. 13.138-KJA

 

CPKO_____

Lampung Rp. 17.292 (WD) with the highest bid Rp. 7.250-SIP

(T2)


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