InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.342/kg on Tuesday (3/9/2024) that meant to get escalated Rp 100/kg or about 0,76% to Monday (2/9/2024) that was Rp 13.242/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp. 13.342/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got escalated on Tuesday (3/9/2024). It was the fourth session in a row and supported by the decreasing currency of Malaysian ringgit as the currency in palm oil trade.

CPO contract reference price for November 2024 delivery at Malaysia Derivatives Exchange got escalated RM 28 per ton or about 0,71% to be RM 3.961 (US$ 905,79) per metric ton at the evening. Ringgit Malaysia got decreased 0,53% towards US dollar.

Soyoil contract price at Dalian got decreased 0,21%, CPO contract price did decrease 0,15%. Soyoil price at Chicago Board of Trade did too 0,5%.

Amspec Agri reported that palm oil exports from Malaysia in August could be reaching 1.376.412 metric tons, while cargo surveyor, Intertek Testing Services reported that palm oil product exports from Malaysia in August got decreased 9,9% to be 1.445.442 metric tons to July exports that reached 1.604.578 metric tons in the same period.

Indonesia increased CPO reference price in September to be US$ 839,53 per metric ton from the previous period that was US$ 820,11.

Here is tender at KPBN (Rp./Kg), excluded income tax on Tuesday (3/9/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.342 -MM, IBP

 (T2)