CPO Auction at KPBN on August 7, 2023 Records Rp 19/Kg Decrease

Palm Oil Magazine
Doc. Palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) decreased to be Rp 10.855/kg, Monday (7/8/2023). It means it got cheaper Rp 19/kg compared to Friday (4/8/2023) tender which was Rp 10.874/kg.

What Palmoilmagazine.com got from KPBN, CPO in Belawan and Dumai was Rp 10.855/Kg. In Talang Duku it was Rp. 10.705/Kg but in withdraw (WD) with the highest bid Rp 10.590/Kg. In Lampung it was Rp. 10.705/Kg but in WD with the highest bid Rp 10.350/Kg. In Palembang it was Rp. 10.705/Kg but in WD with the highest bid Rp 10.615/Kg.

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The cheaper CPO at KPBN was the same as it in Bursa Malaysia Derivatives Exchange that got cheaper. As quoted from Reuters, CPO price contract reference with the code FCPOc3 for October 2023 delivery at Bursa Malaysia Derivatives Exchange decreased RM 1 or about 0,03% to be RM 3.858 per metric ton (MT) during the trade.

Also Read : CPO Auction at KPBN on August 3, 2023 Records a Decrease

Here are tenders at KPBN (Rp./Kg), excluded income tax on Monday (7/8/2023):

CPO________

Franco Belawan and Dumai Rp. 10.855-BEST, WNI

Talang Duku Rp. 10.705 (WD) with the highest bid Rp. 10.590-WNI

Lampung Rp. 10.705 (WD) with the highest bid Ro. 10.350-AMJP

Palembang Rp. 10.705 (WD) with the highest bid Rp. 10.615-SAP

(T2)

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