InfoSAWIT, JAKARTA – The price of crude palm oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at Rp. 13,816/kg on Tuesday (January 21, 2025), marking a 0.66% increase or an increase of approximately Rp 91/kg compared to the CPO price on Monday (January 20, 2025), which reached Rp. 13,725/kg.
According to information obtained by InfoSAWIT from KPBN, the CPO price for Franco Belawan and Dumai was set at Rp. 13,816/kg. The CPO price in Talang Duku was set at Rp. 13,616/kg.
Meanwhile, as reported by Reuters, the futures price of palm oil on the Malaysian Exchange rose for the third consecutive session on Tuesday (January 21, 2025), supported by rising vegetable oil prices on the Dalian and Chicago exchanges, although the increase was limited by declining exports.
The benchmark palm oil contract FCPOc3 for April 2025 delivery on the Malaysian Derivatives Exchange rose RM 46 per ton or approximately 1.09%, to RM 4,252 (US$ 950.81) per metric ton at midday.
The most active soyoil contract on Dalian DBYcv1 rose 1.02%, while the palm oil contract DCPcv1 increased by 0.52%. Soyoil on the Chicago Board of Trade BOc2 rose by 0.2%.
Here are the details of the KPBN Tender Results (Rp./Kg), Excld VAT for the period of Tuesday (January 21, 2025): CPO_____ Franco Belawan & Dumai Rp. 13,816-ACI, AGM. FOB Talang Duku Rp. 13,616-AGM Franco Teluk Bayur Rp. 13,686 (WD). Highest bid Rp. 13,622-WIRA Loco Palembang Rp. 13,666 (WD). Highest bid Rp. 13,455-SAP
CPKO_____ Belawan Rp. 24,250-SMART Palembang Rp. 23,579-IKIN (T2)