InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 13.358/kg on Thursday (19/9/2024) that meant to get escalated Rp 258/kg or about 1,97% to Wednesday (18/9/2024) tender that was Rp 13.100/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp. 13.358/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got escalated on Thursday (19/9/2024) because contract price at Dalian got increased and ringgit currency got cheaper even though crude oil price still restricted the increasing price.

CPO reference contract price for December 2024 delivery at Malaysia Derivatives Exchange got escalated RM 68 per ton or about 1,77% to be RM 3.913 (US$ 917,47) per metric ton in the evening.

CPO contract price got escalated because there were predictions that the exports got more and vegetable oil got more expensive. Contract price got escalated 3% in the previous session, the biggest increasing session since on 24 July 2023.

Still from Reuters, soyoil contract price at Dalian got escalated 0,82%, CPO contract price did too 2,33%. Soyoil price at Chicago Board of Trade got decreased 0,15%.

Here is tender at KPBN (Rp./Kg), excluded income tax on Thursday (19/9/2024):

CPO_____

Franco Belawan & Dumai Rp. 13.358-ACI, AGM

(T2)