InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 14.000/kg on Friday (18/10/2024) that meant to get decreased 0,27% or about Rp 38/kg to Thursday (17/10/2024) tender that was Rp 14.038/kg.

What InfoSAWIT got from KPBN, CPO Franco in Dumai was Rp 14.000/Kg. CPO in South Kalimantan was Rp. 12.955/kg but in withdraw (WD) with the highest bid Rp. 12.907/Kg.

What InfoSAWIT calculated on 14 - 18 October 2024, CPO average tender at KPBN got increased Rp 59,60/kg to be Rp 14.032,00/kg or about 0,43% to the previous period (7 - 11 October 2024) that was Rp. 13.972,40/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased on Friday (18/10/2024) because of the traders got profit taking while waiting for the official data about the 2025 CPO production in Malaysia and export data to get the next move.

CPO contract price (FCPOc3) for January 2025 at Malaysia Derivatives Exchange got cheaper RM 7 per ton or about 0,16% to be RM 4.271 (US$ 992,33) per metric ton in the midday. It got decreased 1,82% this week and endd the increasing sssion in the previous four weeks.

Soyoil contract price at Dalian (DBYcv1) got decreased 0,24%, CPO contract price (DCPcv1) did too 0,49% while soyoil price at Chicago Board of Trade (BOcv1) got increased 0,35%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (18/10/2024):

CPO_____

Franco Dumai  Rp.14000-IBP

Kalsel Rp. 12.955  (WD). with the highest bid Rp. 12.907-EUP

CPKO_____

Lampung Rp. 20.800 (WD). with the highest bid Rp. 16.006-KLKD

 (T2)