InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 12.775/kg on Thursday (25/7/2024). It meant to increase Rp 65/kg, or about 0,51% to Wednesday (24/7/2024) tender that was Rp 12.710/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 12.775/kg. CPO in Talang Duku was Rp 12.575/kg. CPO in Sei Tapung was Rp 12.536/kg but in WD with the highest bid Rp. 12.405/Kg.

CPO in West Kalimantan was Rp 12.425/kg but in WD with the highest bid Rp. 12.325/Kg. CPO in Kembayan was Rp 12.325/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got cheaper for the third session on Thursday (24/7/2024). It happened for the other vegetable oils got cheaper and the higher output prediction, apart from the plans of Indonesia to increase biodiesel mixture.

CPO reference contract price for October 2024 delivery at Malaysia Derivatives Exchange got cheaper RM 10 per ton or about 0,25% to be RM 3.915 (US$ 838,78) per metric ton in the midday.

Still from Reuters, soyoil contract price at Dalian got decreased 1%, CPO contract price did too 1,6%. Soyoil price at Chicago Board of Trade did decrease 0,6%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (25/7/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.775-EOP, EUP

Talang Duku Rp. 12.575-PRICOLIN

Sei Tapung Rp. 12.536 (WD) with the highest bid Rp. 12.405-WNI

West Kalimantan Rp. 12.425 (WD) with the highest bid Rp. 12.325-EUP

Kembayan Rp. 12.325-EUP

(T2)