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CPO Tender at KPBN Inacom Got Increased 1,19 Percent on Thursday (24/10) and Malaysia Did Too



Doc. of InfoSAWIT/The office of PT. Kharisma Pemasaran Bersama Nusantara (KPBN)- Inacom.
CPO Tender at KPBN Inacom Got Increased 1,19 Percent on Thursday (24/10) and Malaysia Did Too

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 14.507/kg on Thursday (24/10/2024) that meant to get got increased 1,19% or about Rp 170/kg to Wednesday (23/10/2024) tender that was Rp 14.337/kg.

What InfoSAWIT got from KPBN, CPO Franco in Belawan and Dumai was Rp 14.507/Kg. CPO in South Kalimantan was Rp. 14.107/kg but in withdraw (WD) with the highest bid Rp. 13.383/kg.

As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got increased more than 2% on Thursday (24/10/2024). It was supported by the prediction of the decreasing palm oil production and the less stock nationally.

CPO reference contract price (FCPOc3) for January 2025 delivery at Malaysia Derivatives Exchange got increased RM 116 per ton or about 2,59%, to be RM 4.602 per metric ton in the closing session. It got increased 7,92% in four days in a row.

Malaysian Palm Oil Board (MPOB) reported that this month, CPO production got decreased 3,8% in September from August, while palm oil exports got increased 0,93%.

Soyoil contract price at Dalian (DBYcv1) got increased 0,71%, CPO contract price (DCPcv1) did increase 1,55%. Soyoil price at Chicago Board of Trade BOcv1 did too 2,21%.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (24/10/2024):

CPO_____

Franco Belawan and Dumai Rp. 14.507-MM, IBP

Kalsel Rp. 14.107 (WD) with the highest bid Rp. 13.383-EUP

(T2)


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