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CPO Tender at KPBN Inacom Tended to be Stagnant on Thursday (18/7), CPO Price in Malaysia Got Decreased



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN).
CPO Tender at KPBN Inacom Tended to be Stagnant on Thursday (18/7), CPO Price in Malaysia Got Decreased

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 12.740/kg on Thursday (18/7/2024). It means to get increased Rp 2/kg or about 0,02% to Wednesday (17/7/2024) tender that was Rp 12.738/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.740/kg. CPO in Kembayan was Rp. 12.290/Kg. In Parindu it was Rp. 12.390/Kg. Crude palm kernel oil (CPKO) in Lampung was Rp. 17.589/Kg, but in withdraw (WD) with the highest bid Rp. 14.000/Kg.

As quoted Reuters, CPO contract price at Malaysia Derivatives Exchange on Thursday (18/7/2024) got decreased. It happened for the decreasing other vegetable oil contract price at Dalian and Chicago even though crude oil got increased and ringgit currency got cheaper that restricted the losses.

CPO reference contract price for October 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 15 per ton or about 0,38% to be RM 3.917 (US$ 839,84) per metric ton in the evening.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (18/7/2024):

CPO____

Franco Belawan and Dumai Rp. 12.740-PHPO, PAA

Kembayan Rp. 12.290-EUP

Parindu Rp. 12.390-EUP

 

CPKO_____

Lampung Rp. 17.589 (WD) with the highest bid Rp. 14.000-AMJP

(T2)


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