InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.328/kg on Friday (30/8/2024) that meant to get increased Rp 173/kg or about 1,32% to Thursday (29/8/2024) tender that was Rp 13.155/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp. 13.328/kg. CPO Franco in Talang Duku was Rp. 13.128/kg. CPO Franco in Teluk Bayur was Rp. 13.198/kg.

What InfoSAWIT calculated on 19 - 23 August 2024, CPO average tender at KPBN got increased about Rp 433,60/kg to be Rp 13.208,00/kg or increased abuot 3,39% to CPO average tender last week (19 - 23 August 2024) that was Rp. 12.774,40/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchangge on Friday (30/8/2024) got increased and heading to the second increasing price weekly. The traders still waited for about export and import tax from Indonesia and Malaysia.

CPO reference contract price for November 2024 delivery at Malaysia Derivatives Exchange got increased RM 45 per ton or about 1,14%, to be RM 3.985 (US$ 924,17) per metric ton in the evening.

CPO contract price got increased 3,05% this week and got escalated about 2,0% for the last month.

Still from Reuters, the traders did carefully transaction because the main importer country still considered to increase vegetable oil import duty. This could press CPO demands.

Soyoil contract price at Dalian did increase 1,7%, CPO contract price got escalated 1,2%. Soyoil price at Chicago Board of Trade did too 0,88%.

Here is tender at KPBN (Rp./Kg), excluded income tax on Friday (30/8/2024):

CPO_____

Franco Belawan & Dumai Rp. 13.328-AGM

Talang Duku Rp. 13.128-WNI

Teluk Bayur Rp. 13.198-WIRA

(T2)