CPO Tender at KPBN on June 21, 2023 Decrease Rp 430/kg

Palm Oil Magazine
Doc. Palmoilmagazine.com / CPO Tender Price Decreased by Rp 210/kg on July 13, 2023

PALMOILMAGAZINE, JAKARTA – On Wednesday, June 21, 2023, the Crude Palm Oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) witnessed a decrease in prices, with CPO being priced at Rp 10,350/kg. This indicates a decrease of Rp 5/kg compared to the previous tender on Tuesday, June 19, 2023, which was priced at Rp 10,780/kg.

What Palmoilmagazine.com got from KPBN, in Belawan and Dumai it was Rp 10.350/Kg. in Talang Duku it was Rp 10.200/Kg.

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Prior in the early of June 2023 Ministry of Trade did public consultation about CPO export policy draft through Indonesia exchange. It was attended by many palm oil stakeholders and representatives of Indonesian Palm Oil Association.

Also Read : 

CPO Tender at KPBN on 20 June 2023 Increase Rp 5/kg

CPO Tender at KPBN on 19 June 2023 Up Rp 180/kg

Minister of Trade, Zulkifli Hasan thought, as the biggest CPO producer in the world, it is time for Indonesia to get its own CPO reference price. But now it shows that Indonesia could not play its roles that the world should acknowledge.

Here are tenders at KPBN (Rp./Kg), excluded income tax on Wednesday (21/6/2023):

CPO_________

Franco Belawan and Dumai Rp. 10.350-MM, IBP, PAA

Talang Duku Rp. 10.200-PHPO

(T2)

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