InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 12.818/kg on Thursday (8/8/2024). It meant to be cheaper Rp 89/kg or about 0,69% to Wednesday (7/8/2024) tender that was Rp 12.907/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 13.939/kg but in WD with the highest bid Rp 12.818/kg.  CPO in Talang Duku was Rp. 12.739/kg but in WD with the highest bid Rp 12.575/kg. In Ngabang it was Rp. 12.589/kg but in WD with the highest bid Rp 12.425/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got escalated on Thursday (8/8/2024), after it got decreased for three days in a row. It happened for the increasing other vegetable oil contracts and the expensive crude oil.

CPO reference contract price - FCPO1 for October 2024 at Malaysia Derivatives Exchange got escalated RM 23 per ton or about 0,62% to be 3.720 ringgit (US$ 834,08) per metric ton in the midday. It was closed almost the lowest level in the past seven months in the two previous sessions.

Still from Reuters, soyoil contract price at Dalian (DBYcv1) got increased 1,32%, CPO contract price - CPO1 did too 0,74%. Soyoil price at Chicago Board of Trade ZL1 got decreased 0,64%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (8/8/2024):

CPO_____

Franco Belawan and Dumai Rp. 12.939 (WD) with the highest bid Rp. 12.818-AGM, ACI

Talang Duku Rp. 12.739 (WD) with the highest bid Rp. 12.575-PRISCOLIN

Ngabang Rp. 12.589 (WD) with the highest bid Rp. 12.425-EUP

(T2)