InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender t PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was in withdraw (WD) with the highest bid Rp. 13.900 /kg on Wednesday (9/10/2024). It meant to get decreased 1% or about Rp 140/kg to Tuesday (8/10/2024) tender that was Rp 14.040/kg.
What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 14.078/Kg but in WD with the highest bid Rp. 13.900/Kg. CPO in Sei Tapung was Rp 13.839/Kg but in WD with the highest bid Rp. 13.550/Kg. In Teluk Bayur it was Rp 13.948/Kg but in WD with the highest bid Rp. 13.733/Kg.
As quoted from Reuters, CPO reference contract rice at Malaysia Derivatives Exchange got increased on Wednesday (9/2024). It reversed the previous loss becase the traders still waited for the official data from Malaysian Palm Oil Board (MPOB).
CPO reference contract price (FCPOc3) for December 2024 delivery at Malaysia Derivatives Exchange got escalated RM 18 per ton or about 0,42% to be RM 4.289 (US$ 1.001,63) per metric ton in the midday. It got decreased 1,80% in the early session because of the vegetable oil price at Dalian that got cheaper and the increasing ringgit currency.
Soyoil contract price at Dalian (DBYcv1) got decreased 0,77%, and so did CPO contract price (DCPcv1) at 1,4%. While soyoil price at Chicago Board of Trade (BOcv1) got escalated 1,04%.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (9/10/2024):
CPO_____
Franco Dumai Rp 14.078 – WD with the highest bid Rp 13.900 - EUP
Sei Tapung Rp 13.839 – WD with the highest bid Rp 13.550 - WNI
Teluk Bayur Rp 13.948 – WD with the highest bid Rp 13.733 - Wira
Talang Duku Rp 13.878 – WD with the highest bid Rp 13.700 - AGM
Kaltim Rp 13.678 – WD with the lowest bid Rp 12.850 - EUP
(T2)