InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 12.738/kg on Wednesday (17/7/2024). It meant to get increased Rp 50/kg or about 0,39% compared to Tuesday (16/7/2024) tender that was Rp 12.688/kg.

What InfoSAWIT got from KPBN, CPO Franco Belawan and Dumai was Rp 12.7388/kg. In Teluk Bayur it was Rp. 12.608/Kg. CPO in Talang Duku was Rp. 12.538/Kg. CPO in Kembayan was Rp. 12.288/Kg, but in WD with the highest bid Rp. 12.235/Kg. CPO in Parindu was Rp. 12.388/Kg, but in WD with the highest bid Rp. 12.235/Kg.

Crude palm kernel oil (CPKO) in Lampung was Rp. 17.762/Kg, but in WD with the highest bid Rp. 14.000/Kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased for the second session in a row on Wednesday (17/7/2024). It was supported by the higher export estimation in Malaysia though the better ringgit restricted the increasing price.

CPO contract price with the code FCPOc3 for October 2024 delivery at Malaysia Derivatives Exchange got increased RM 9 per ton or about 0,23% to be RM 3.934 (US$ 844,21) per metric ton.

Cargo surveyor - Intertek Testing Services and AmSpec Agri reported that palm oil exports from Malaysia on 1 - 15 July got increased between 65,9% and 75,6% to the previous month.

Still from Reuters, soyoil contract price at Dalian with the code DBYcv1, got increased 0,47%, CPO contract price with the code DCPcv1 did increase 1,44%. Soyoil price at Chicago Board of Trade BOcv1 did too 0,27%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (17/7/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.738-MM, IBP

Teluk Bayur Rp. 12.608-WIRAo

Talang Duku Rp. 12.538-PII

Kembayan Rp. 12.288 (WD) with the highest bid Rp. 12.235-WNI

Parindu Rp. 12.388 (WD) with the highest bid Rp. 12.235-WNI

CPKO_____

Lampung Rp. 17.762 (WD) with the highest bid Rp. 14.000-AMJP

(T2)