InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 12.730/kg on Tuesday (13/8/2024). It meant to get cheaper Rp 100/kg or about 0,78% to Monday (12/8/2024) tender that was Rp 12.830/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan was Rp. 12.782/kg but in WD with the highest bid Rp 12.730/kg. CPO Franco in Dumai Dumai was Rp. 12.782/kg but in WD with the highest bid Rp 12.692/kg. CPO in Talang Duku was Rp. 12.582/kg but in WD with the highest bid Rp 12.482/kg.

Crude palm kernel oil (CPKO) in Belawan was Rp. 20.162/kg but in WD with the highest bid Rp 19.700/kg

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange was close on Tuesday (13/8/2024) because the traders considered about the lower stock to August 2024 exports.

CPO reference contract price for October 2024 deliver at Malaysia Derivatives Exchange got cheaper RM 7 per ton or about 0,19% to be RM 3.701 (US$ 831,69) per metric ton in the evening.

Malaysian Palm Oil Board (MPOB) mentioned that July 2024 palm oil stocks in the country got decreased in numbers for the first time in the last four months because of the increasing exports surpassed the increasing production.

Soyoil contract price at Dalian got decreased 1,57%, CPO contract price did too 1,37%. Soyoil price at Chicago Board of Trade did decrease 0,4%.

Here are tenders KPBN (Rp./Kg), excluded income tax on Tuesday (13/8/2024):

CPO_____

Franco Belawan Rp. 12.782 (WD) with the highest bid Rp. 12.730-BEST

Dumai Rp. 12.782 (WD) with the highest bid Rp. 12.692-WNI

Talang Duku Rp. 12.582 (WD) with the highest bid Rp. 12.482-WNI

CPKO_____

Belawan Rp. 20.162 (WD) with the highest bid Rp. 19.700-PMI

(T2)