CPO Auction at KPBN on August 10, 2023 Records an Increase

Palm Oil Magazine
Doc. Palmoilmagazine.com

PALMOILMAGAZINE, JAKARTA – On Thursday, August 10, 2023, the bid price for Crude Palm Oil (CPO) at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) rose to Rp 10,810/kg. This marks an improvement of Rp 65/kg from the previous Wednesday’s (August 9, 2023) bid of Rp 10,745/kg..

What Palmoilmagazine.com got from KPBN, CPO in Belawan and Dumai was Rp 10.810/Kg. In Talang Duku it was Rp. 10.660 /Kg but in withdraw (WD) with the highest bid Rp 10.545/Kg. In Teluk Bayur it was Rp. 10.635 /Kg, but in WD with the highest bid Rp 10.540/Kg.

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Meanwhile as quoted from Reuters, CPO contract reference with the code FCPOc3 for October 2023 delivery at Bursa Malaysia Derivatives Exchange got cheaper RM 40 or 1,06%, to be RM 3.731 (US$ 816,05) per metric ton in the session.

Also Read : CPO Tender at KPBN on 1 August 2023 Down

Here are tenders at KPBN (Rp./Kg), excluded income tax on Thursday (10/8/2023):

CPO_______

Franco Belawan and Dumai Rp. 10.810-PHPO, PAA

Talang Duku Rp. 10.660 (WD) with the highest bid Rp. 10.545-PAA

Palembang Rp. 10.635 (WD) with the highest bid Rp. 10.540-MM

(T2)

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