InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender pada PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.070/kg on Thursday (12/9/2024) which meant to get decreased Rp 48/kg or about 0,37% to Wednesday (11/9/2024) tender that was Rp 13.118/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp. 13.070/kg. Crude palm kernel oil (CPKO) in Belawan was Rp. 21.150/kg, but in withdraw (WD) with the highest bid Rp. 20.900/Kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got decreased on Thursday (12/09/2024) to the lowest level in the past three weeks because the plan to get import duty to India more expensive and the decreasing soyoil contract price and CPO at Dalian.

CPO contract price (FCPOc3) for November 2024 delivery at Malaysia Derivatives Exchange got decreased RM 53 per ton or about 1,36% to be RM 3.848 (US$ 888,07) per metric ton.

Palm oil imports in India in August got decreased more than one fourth from the previous month. It happened for enough stock in the country and negative margin that made distillation be reluctant to purchase much tropical oil, as the advance trade agency said, Thursday.

Still from Reuters, soyoil contract price at Dalian (DBYcv1) got decreased 0,44%, CPO contract price (DCPcv1) did too 0,28%. Soyoil price at Chicago Board of Trade BOc2 got decreased 0,25%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (12/9/2024):

CPO_____

Franco Belawan and Dumai Rp. 13.070--PHPO, PAA

CPKO_____

Belawan Rp. 21.150 (WD) with the highest bid Rp. 20.900-AGJ

(T2)