InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 12.918/kg on Friday (9/8/2024). It meant to get increased Rp 100/kg or about 0,78% to Thursday (8/8/2024) tender that reached Rp 12.818/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 13.918/kg.  In Talang Duku it was Rp. 12.718/kg. CPO in Ngabang was Rp. 12.568/kg but in withdraw (WD) with the highest bid Rp 12.525/kg. CPO in Kembayan was Rp. 12.525/kg.

What InfoSAWIT calculated on 5 - 9 August 2024, CPO average tender at KPBN got decreased Rp 39,60/kg to be Rp 12.994,20/kg or about 0,30% to CPO average tender in the previous week (29 July - 2August 2024) that was Rp. 13.033,80/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased on Friday (9/8/2024), it happened for the increasing vegetable contract price at Dalian and Chicago, and also crude oil got more expensive. Sadly, weekly CPO contract price got decreased for three weeks in a row.

CPO reference contract price - FCPO1 for October 2024 delivery at Malaysia Derivatives Exchange got escalated RM 42 per ton or about 1,13%, to be RM 3.746 (US$ 848,47) per metric ton in the closing session.

CPO contract price got decreased 4,37% for last week after it did decrease 1% in the two weeks prior.

Still from Reuters, soyoil contract price at Dalian (DBYcv1) got increased 0,32% CPO contract price (CPO1) did increase 1,44%. Soyoil price at Chicago Board of Trade did too 0,22%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (9/8/2024):

CPO____

Franco Belawan and Dumai Rp 12.918 – PPI, SJIO

Talang Duku Rp 12.718 - PII

Ngabang Rp 12.568 – withdraw (WD) with the highest bid Rp 12.525 – EUP

Kembayan Rp 12.252 – EUP

(T2)