InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was Rp. 14.721/kg on Friday (25/10/2024) that meant to increase 1,48% or about Rp 214/kg to Thursday (24/10/2024) tender that was Rp 14.507/kg.
What InfoSAWIT from KPBN, CPO Franco in Dumai was Rp 14.721/Kg. CPO in Teluk Bayur was Rp. 14.591/kg. CPO in Talang Duku was Rp. 14.521/kg.
What InfoSAWIT calculated on 21-25 October 2024, CPO average tender at KPBN got increased Rp 321,60/kg to be Rp 14.353,60/kg or about 2,29% to it in the previous week (14-18 October 2024) that was Rp. 14.032,00/kg.
As quoted from Reuters, CPO contract price at Malaysia Derivatives Exchange got decreased on Friday (25/10/2024), but weekly CPO price still got increased for the last 16 months because India stopped purchasing it for the increasing vegetable oil prices that eventually supported the price.
CPO reference contract price (FCPOc3) for January 2025 delivery at Malaysia Derivatives Exchange got cheaper RM 16 per ton or about 0,35% to be RM 4.587 per metric ton in the midday.
It got increased 7,92% this week and heading to the biggest weekly increasing price since in the midst of June 2023.
Soyoil contract price at Dalian (DBYcv1) got increased 1,54%, CPO contract price (DCPcv1) did too 1,37%. Soyoil price at Chicago Board of Trade BOcv1 got decreased 0,16%.
Here are tenders at KPBN (Rp./Kg), excluded income tax on Friday (25/10/2024):
CPO_____
Franco Dumai Rp. 14.721-PII
Teluk Bayur Rp. 14.591-PRCW
Talang Duku Rp. 14.521-PI
(T2)